1222 E Marietta Ave, Spokane, WA 99207

Local realty services provided by:Better Homes and Gardens Real Estate Pacific Commons
1222 E Marietta Ave,Spokane, WA 99207
$125,000
Virtual Tour
  • 0.13 Acres
  • Lots / Land
  • Active
Listed by: ben olney
Office: windermere city group
MLS#:202524215
Source:WA_SAR

Price summary

  • Price:$125,000

About this home

A ready-to-build lot offering a rare opportunity for multifamily development in a high-demand area. The property comes with a pre-approved 8-year Multi-Family Tax Exemption (MFTE). This exemption applies to the residential improvements, a significant financial benefit over its term. The property includes nearly completed fourplex plans, along with civil and structural engineering—offering a head start—or the flexibility to pursue your own design. The MFTE requires a minimum of four units to qualify for the program. There are no income or rent restrictions, allowing for market-rate development. With a growing demand for multifamily housing, this property presents an ideal opportunity for investors to capitalize on Spokane's expanding housing market.

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Home facts

  • Listing ID #:202524215
  • Added:210 day(s) ago
  • Updated:December 17, 2025 at 10:53 PM

Structure and exterior

  • Lot area:0.13 Acres

Schools

  • High school:North Central
  • Middle school:Yasuhara
  • Elementary school:Logan

Utilities

  • Water:Public

Finances and disclosures

  • Price:$125,000

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