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Listing provided courtesy of Keller Williams Realty Coeur dMLS# SAR202611078MLS Provider
  • 160 days on site
  • 1 views

Newer 7-unit multifamily property in a quiet Spokane Valley neighborhood! One 4-plex and a triplex make up the seven units, with each unit offering 3 bedrooms, 2.5 baths, and 1455 s.f. of living space. These are high-end, luxury rentals with a modern design that features many upgrades, including stainless appliance package, durable LVP flooring, and granite counters throughout. Each unit has a 1-car garage, and there are three additional detached garages for extra income potential. Rents range from $2100 to $2550 a month, average is $2275. Gross monthly rents are $16,190.

Source: Spokane MLS, MLS#: SAR202611078

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  • Property Type
    Residential Income
  • Lot
    0.66 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 701 S Felts Rd

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
5/24/2026Source: Spokane MLS Status Change
Pending-Inspection
5/19/2026Source: Spokane MLS Status Change
Active
5/12/2026Source: Spokane MLS Price Reduction
$2,288,000 -0.3%
5/12/2026Source: Spokane MLS Status Change
Chg price
1/26/2026Source: Spokane MLS Status Change
Active
1/20/2026Source: Spokane MLS Added to Database
January 20, 2026