BRAND NEW 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 units 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 $2050 to $2400 a month, average is $2150. Gross rents are $15,300 a month.
- MLS# 202611078
- Date Listed01/20/2026
- Days on Realty 20 Days
- Bedrooms -
- Bathrooms
- Lot Size 0.66 acres (28,677 sq. ft)
- County Spokane
- Year Built 2023
- Square Feet 10,185 sq. ft
- Price Per Sq. Ft $225.33
Interior Features
- Appliances Free- Standing Range, Dishwasher, Refrigerator, Disposal, Microwave, Washer, Dryer
- Cooling Central Air
- Heating Natural Gas, Forced Air
Exterior / Lot Features
- Roof Composition
- Lot Size Acres 0.66
- Lot Size SQFT 28,677.00
- Lot Features Level
Directions
From I-90 go south on Argonne Rd, left on 8th Ave, left on Felts. Property is on the right, there is no sign.
Financial Considerations
Nearby Schools
Source: School Digger
Alternative Northeast Community Center Preschool
Public • PK - PK • Serves this home
8.02 mi
Distance
Public • 6 - 8 • Serves this home
1.45 mi
Distance
Public • 9 - 12 • Serves this home
2.74 mi
Distance
Public • 1 - 5
2.14 mi
Distance
West Valley Early Learning Center
Public • PK - PK
3.7 mi
Distance
Public • 1 - 5
3.7 mi
Distance
Public • PK - 6
4.32 mi
Distance
Central Valley Early Learning Center
Public • PK - PK
4.58 mi
Distance
Pasadena Park Elementary School
Public • 1 - 5
5.19 mi
Distance
Public • PK - 6
6.24 mi
Distance
Public • PK - 6
6.31 mi
Distance
Lincoln Heights Elementary School
Public • PK - 6
6.65 mi
Distance
Alternative Northeast Community Center Preschool
Public • PK - PK • Serves this home
8.02 mi
Distance
Public • 5 - 8
1.3 mi
Distance
Public • 6 - 8 • Serves this home
1.45 mi
Distance
Public • 6 - 8
1.55 mi
Distance
Public • 4 - 12
2.94 mi
Distance
Public • 6 - 8
2.97 mi
Distance
Public • 6 - 8
3.56 mi
Distance
Public • 6 - 8
3.96 mi
Distance
Public • 7 - 8
5.84 mi
Distance
Public • 7 - 12
5.97 mi
Distance
Public • 6 - 8
6.58 mi
Distance
Public • 8 - 12
1.03 mi
Distance
Spokane Valley Tech- Skills Center
Public • 9 - 12
1.03 mi
Distance
Stem Academy At Spokane Valley Tech
Public • 9 - 12
1.03 mi
Distance
Public • 9 - 12 • Serves this home
2.74 mi
Distance
Public • 9 - 12
3.07 mi
Distance
Public • 9 - 12
3.34 mi
Distance
Public • 8 - 12
4.29 mi
Distance
Public • 9 - 12
4.49 mi
Distance
Public • 9 - 12
4.58 mi
Distance
East Valley High School&extension
Public • 9 - 12
7.14 mi
Distance
Spokane Valley Christan School
Private • PK - 12
0.22 mi
Distance
Private • KG - 12
1.55 mi
Distance
Grace Alliance Christian School
Private • KG - 12
3.14 mi
Distance
Private • PK - 12
5.64 mi
Distance
Private • KG - 12
8.02 mi
Distance
Sales & Tax History
Source: Public Records
| Street Address | Beds | Baths | Sold Date | List Price | Valuation Date | Valuation Price |
|---|---|---|---|---|---|---|
| 7615 E 6th Ln | 3 | 3 | Jan 26, 2026 | $349,000 | Feb 09, 2026 | - |
| 2510 N Center | 2 | 1 | Jan 26, 2026 | $280,000 | Feb 09, 2026 | - |
| 2111 N Dick Rd | 3 | 1 | Jan 26, 2026 | $182,000 | Feb 09, 2026 | - |
| 602 N Walnut Rd | Listing | 5 | 3 | Jan 26, 2026 | $450,000 | Mar 21, 2024 | $342,865 |
| 10603 E Valleyway Ave | 6 | 3 | Jan 16, 2026 | $520,900 | Feb 09, 2026 | - |
| 10522 E 4th Ave | 3 | 1 | Jan 12, 2026 | $305,000 | Feb 09, 2026 | - |
| 12017 E BOONE Ave | 3 | 2 | Jan 26, 2026 | $249,900 | Feb 09, 2026 | - |
| 602 N Walnut Rd | 3 | 2 | Jan 26, 2026 | $175,000 | Feb 09, 2026 | - |
| 12011 E Railroad Cir | 3 | 2 | Jan 26, 2026 | $199,000 | Feb 09, 2026 | - |
| 1331 S Broadview Dr | 3 | 3 | Jan 26, 2026 | $489,900 | Feb 09, 2026 | - |
Population & Environment
Source: Sperling's Best Places
| Zip | City | County | National | |
|---|---|---|---|---|
| Population | 40,255 | 104,058 | 538,698 | 335,858,263 |
| Population Density | 1,667 | 2,762 | 305 | 95 |
| People per Household | 2.5 | 2.4 | 2.4 | 2.6 |
| Median Age | 39.9 | 39.2 | 39 | 39.1 |
| Median Income | $59,647 | $55,921 | $60,429 | $66,222 |
| Average Income | $29,774 | $29,195 | $32,478 | $35,475 |
| Cost of Living Index | 95 | 91 | 93 | 100 |
| Zip | City | County | National | |
|---|---|---|---|---|
| January Avg. High Temp | 21.7°F | 21.7°F | 21.7°F | 22.6°F |
| July Avg. High Temp | 82.5°F | 82.5°F | 82.5°F | 86.2°F |
| Annual Precipitation | 16.67" | 16.67" | 16.67" | 38" |
47/100
Car-Dependent
Walk Score ®
43/100
Some Transit
Transit Score ®
47/100
Bikable
Bike Score ®
Overview
Most errands require a car. A few nearby public transportation options. Minimal bike infrastructure.Transit Summary
8 nearby routes: 8 bus, 0 rail, 0 other
Walkability averages in the surrounding area
The average walkability score in the surrounding area is Walk Score: 22/100, Transit Score: 16/100, Bike Score: 31/100.
Property Change History
View Changes
Previous Description:
Updated Description:
Points of Interest near 701 S Felts Rd, Spokane, WA 99206
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0.27 mi
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634 ft
Distance
1003 ft
Distance
0.21 mi
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0.28 mi
Distance
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Frequently Asked Questions for 701 S Felts Rd
Source: Realty.com
701 S Felts Rd, Spokane, WA 99206 is a , Residential Income property listed for $2,295,000 The property is 10185 sq. ft with - bedrooms and 0 bathrooms
Realty.com has 26 photos of 701 S Felts Rd.
Our records indicate that 701 S Felts Rd was built in 2023.
The full address for this home is 701 S Felts Rd, Spokane, WA 99206.
701 S Felts Rd has been listed on Realty.com since Tue January 20, 2026
Most errands require a car. A few nearby public transportation options. Minimal bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 22/100, Transit Score: 16/100, Bike Score: 31/100.
There are 3 schools assigned to this home. Check out the schools near 701 S Felts Rd. Alternative Northeast Community Center Preschool (Grades: PK - PK), North Pines Middle School (Grades: 6 - 8), University High School (Grades: 9 - 12)
Listing provided courtesy of:
Keller Williams Realty Coeur D
(tel: 208-667-2399)
Listing agent:
Seth Maefsky
(#12201)
This content last refreshed on 2026-02-09 22:37:52. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Export listing data of 701 S Felts Rd, Spokane, WA 99206 : MLS# 202611078