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Active
  • Price cut: $750K (6/19)
    $9,050,000

    1519 N Bell St, Greenacres, WA 99016

    72beds
    48baths
    --sqft
    : 
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    MultiFamily
    Built in 2023
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    In-unit laundryDurable lvp flooringStainless steel appliances
    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.
    215 days
    |
    200
    |
    6
    |

    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#: 202527734MLS Logo

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      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: $683,900
      • Annual tax amount: $7,607
      • Date on market: 12/17/2025
      • Listing terms: Cash,Commercial
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,700/mo

        Price history

        DateEventPrice
        6/19/2026Price change$9,050,000-7.7%
        Source: SMLS as distributed by MLS GRID #202527734 Report a problem
        6/18/2026Price change$9,800,000-6.7%
        Source: SMLS as distributed by MLS GRID #202527734 Report a problem
        4/16/2026Price change$10,500,000-2.9%
        Source: SMLS as distributed by MLS GRID #202527734 Report a problem
        12/17/2025Listed for sale$10,810,000
        Source: SMLS as distributed by MLS GRID #202527734 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        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

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 99016

        Getting around

        13 / 100
        Car-Dependent
        37 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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.

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