Land/Property · Spokane Valley, WA 99212
6606 E 4th Ave, Spokane Valley, WA 99212
Spokane Valley, WA 99212
$675,000
ActiveMLS® 202613954
Prime Multifamily Development Opportunity in Spokane Valley! Unlock exceptional investment potential with this strategically zoned parcel, primed for high-density residential growth. Current zoning (MF) currently permits up to 22 dwelling units and likely more with upcoming density changes. The neighboring property to the west is also available to double (or more) the opportunity! This site offers strong upside for multifamily apartments, townhomes, or mixed residential development. Capitalize on the area’s demand for modern housing options near urban amenities. A 3 bed/2 bath home on the property also boasts a standout 28’x40’ heated shop ideal for contractor staging, equipment storage, or interim income generation during redevelopment planning. A rare blend of immediate livability/rental income and substantial redevelopment potential—perfect for builders, investors, or developers seeking their next high-return project. Don’t let this versatile gem pass you by!
Exterior and Construction
- Exterior Workshop
Utilities
- Sewer Public Sewer
- Utilities Sewer Connected, Natural Gas Connected, Power, Water Connected
- Water Public
Land and Lot
- Lot size 1.08 acres (47,045 sq ft)
- Lot description Level, Open Lot, City Bus (w/in 6 blks), Oversized Lot, Fencing
Location and Zoning
- Road/Access City Street, Paved Road
- County Spokane
- Zoning 35242.9016
Schools
- High School Ferris
- School District Spokane Dist 81
- Junior High School Chase
Tax and Legal
- Annual tax $5,565
- Parcel number 35242.9016
Listing Information
- Listing Agent
- Aryn Presta
- Listing Office
- Avalon 24 Real Estate
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