This rare opportunity features a portfolio of 12 recently constructed duplexes in Spokane Valley, offering investors immediate scale, strong in-place income, and minimal deferred maintenance. The portfolio totals 24 spacious 3-bedroom, 2-bathroom units, each designed for long-term tenant appeal and operational efficiency. Units are finished with durable LVP flooring, stainless steel appliances, in-unit laundry, and separate attached garages for each unit, supporting strong tenant retention and consistent leasing performance. The portfolio boasts a proven rental history and is currently 95.5% occupied, generating approximately $56,492 in monthly rental income. This offering provides a turnkey investment with stable cash flow, modern construction, and long-term upside in one of Spokane Valley’s most resilient rental markets. Ideal for investors seeking scale, predictability, and low-maintenance assets with strong fundamentals and future growth potential.
Active
Price cut: $75K (8/6)
$8,975,000
1519 N Bell St, Greenacres, WA 99016
72beds
48baths
--sqft
MultiFamily
Built in 2023
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
In-unit laundryDurable lvp flooringStainless steel appliances
- 300 days
- 204
- 9
Zillow last checked:
Listing updated:
Listed by:
Ryan Towner 509-481-0373,
LT Real Estate,
Dallas Lightner 509-315-8720,
LT Real Estate
Source: SMLS as distributed by MLS GRID,MLS#: 202527734
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 72
- Bathrooms: 48
Heating
- Forced Air
Cooling
- Central Air
Features
- Basement: Crawl Space
- Has fireplace: No
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Garage spaces: 2
Lot
- Size: 3.96 Acres
Details
- Additional parcels included: 55182.2104, 2201, 2102, 2203, 2101, 2204, 6106, 6105, 6104, 6203, 55074.7003, 55074.700
- Parcel number: 55182.2104
Construction
Type & style
- Home type: MultiFamily
Materials
- Masonite
- Roof: Composition
Condition
- Year built: 2023
Community & HOA
HOA
- Amenities included: None
Location
- Region: Greenacres
Financial & listing details
- Tax assessed value: $700,600
- Annual tax amount: $7,910
- Date on market: 12/17/2025
- Listing terms: Cash,Commercial
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/6/2026 | Price change | $8,975,000-0.8% |
Source:  SMLS as distributed by MLS GRID #202527734 Report a problem | ||
| 6/19/2026 | Price change | $9,050,000-7.7% |
Source: SMLS as distributed by MLS GRID #202527734 Report a problem | ||
| 6/18/2026 | Price change | $9,800,000-6.7% |
Source: SMLS as distributed by MLS GRID #202527734 Report a problem | ||
| 4/16/2026 | Price change | $10,500,000-2.9% |
Source: SMLS as distributed by MLS GRID #202527734 Report a problem | ||
| 12/17/2025 | Listed for sale | $10,810,000 |
Source: SMLS as distributed by MLS GRID #202527734 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,910 +4% | $700,600 +2.4% |
| 2024 | $7,607 +43.1% | $683,900 +32.2% |
| 2023 | $5,316 +431.7% | $517,300 +392.7% |
| 2022 | $1,000 | $105,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 99016
Nearby schools
Schools provided by the listing agent
- District: Central Valley
Source: SMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
