Listing provided courtesy of SVN CornerstoneMLS# SAR202611680MLS Provider
  • 146 days on site
  • 1 views

Felts Townhomes is a 12-unit, two-story townhome property in Spokane Valley near Dishman Hills. The property features newer construction, with eight units built in 2016 and four additional units completed in 2025, offering modern systems and low maintenance. Each townhome includes LVP flooring, stainless steel appliances, hard-surface countertops, ductless heating and cooling, in-unit washer and dryer, private patios, and covered carport parking. The property is in an investor-friendly location with lower utility costs, tenant-paid garbage, a 90-day rent increase notice period, and fewer regulations than the City of Spokane. Strong rental demand is driven by access to I-90, schools, parks, and nearby employment, supported by average household incomes of approximately $152,588 within one mile. In-place rents average $1,656 versus estimated market rents of $1,750, offering immediate upside. Separate parcels allow flexibility to sell up to four units individually.

Source: Spokane MLS, MLS#: SAR202611680

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  • Property Type
    Residential Income
  • Lot
    0.80 acres

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BethAnn Long

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  • Median Age
    39
  • Population Density
    1,723
  • College Educated
    40%
  • Estimated Median Income
    $61,615
  • Estimated Total Home Owners
    10,067
  • Estimated Total Renters
    6,138
  • Owner / Renter Divide
    62% / 38%
  • Estimated Average Household Size
    2
  • Total Population
    40,510
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 303-314 S Felts Ln Ln


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
4/20/2026Source: Spokane MLS Status Change
Active
4/13/2026Source: Spokane MLS Price Reduction
$3,095,000 -4.8%
4/13/2026Source: Spokane MLS Status Change
Chg price
2/9/2026Source: Spokane MLS Status Change
Active
2/3/2026Source: Spokane MLS Added to Database
February 03, 2026