317/318 S Herald Ln Active

Spokane Valley,WA 99206

$ 1200000

- Bed

0 Bath

3744 SqFt


Key Details

Property Type Multi-Family

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 3,744 sqft

Price per Sqft $320

MLS Listing ID 25-2247

Style Sgl Level

Year Built 2013

Annual Tax Amount $3,637

Tax Year 2023

Lot Size 0.420 Acres

Property Sub-Type Apartment

Property Description

Prime investment opportunity in the heart of Spokane Valley! This well-maintained property features two fully leased duplexes, each offering 2 bedrooms and 1.5 bathrooms across efficient living spaces. Each unit is complemented by a one-car private garage, with additional storage space, ensuring tenants have everything they need. Situated on a private road, this development provides the perfect blend of privacy and convenience! The oversized shop on property is a versatile asset, ideal for personal storage or as an additional income stream—whether through leasing or business use. With steady rental income already in place and the potential for further revenue from the shop, this investment promises both immediate returns and long-term growth. Don't miss out on this rare opportunity to secure a stable and profitable addition to your real estate portfolio in Spokane Valley! Opportunity awaits: owner occupy, 1031 exchange, investment, passive income, cash flowing, set it and forget it!

Location

State WA

County Spokane

Area Washington Counties

Zoning CMU

Interior

Heating Natural Gas,Mini-Split

Exterior

Exterior Feature Fencing - Partial,Open Patio,Sprinkler System - Back,Sprinkler System - Front

Garage Description 4+ Car

View Territorial

Roof Type Composition

Building

Lot Description Level

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Central Valley - 356

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