5010 E 1st Avenue, Spokane Valley, WA 99212

Local realty services provided by:Better Homes and Gardens Real Estate Pacific Commons
Listed by: peter clark
Office: the paragon group
MLS#:2431713
Source:NWMLS
5010 E 1st Avenue,Spokane Valley, WA 99212
$575,000
  • - Beds
  • - Baths
  • 2,750 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$575,000
  • Price per sq. ft.:$209.09

About this home

Spacious 4-unit apartment building situated on a corner lot in Spokane Valley. Nestled in a quiet residential neighborhood, the property offers convenient access to I-90, schools, shopping, and everyday amenities. A mix of one- and two-bedroom floorplans, ensuring broad tenant demand. For investors seeking scale, three adjacent triplexes, each on separate parcels, are also available, creating the opportunity to control up to 13 total units. This rare configuration allows for efficient portfolio growth while still qualifying for residential financing.

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Home facts

  • Year built:1955
  • Listing ID #:2431713
  • Updated:December 17, 2025 at 10:43 PM

Rooms and interior

  • Living area:2,750 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Flat Roof
  • Year built:1955
  • Building area:2,750 sq. ft.
  • Lot area:0.25 Acres

Schools

  • High school:Ferris High
  • Middle school:Chase Mid
  • Elementary school:Buyer To Verify

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$575,000
  • Price per sq. ft.:$209.09
  • Tax amount:$6,611 (2025)
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