Log In/Sign Up
Your email has been sent.
Felts Townhomes 303-330 S Felts Ln 12 Unit Apartment Building $3,250,000 ($270,833/Unit) Spokane Valley, WA 99206
Investment Highlights
- Newer Construction – Eight units built in 2016 and four units completed in 2025, offering modern systems and low future maintenance.
- Investor-Friendly Location – Spokane Valley with lower utility costs, tenant-paid garbage, and a 90-day rent increase notice period.
- Attractive Demographics – Average household incomes of approximately $152,588 within one mile.
- Updated Interiors – LVP flooring, stainless steel appliances, hard-surface countertops, ductless heating and cooling, in-unit washer/dryer, private pa
- Strong Rental Demand – Desirable Dishman Hills location with easy access to I-90, schools, parks, and employment.
- Rental Upside & Flexibility – Average rents of $1,646 versus $1,750 market, with the option to sell up to four units individually.
Executive Summary
SVN Cornerstone is pleased to present the Felts Townhomes for sale located at 303-314 S Felts Ln in the Spokane Valley. The Felts Townhomes consist of 12 two story townhome units, each offering two bedrooms and one and a half bathrooms. The property features newer construction with high end finishes, dedicated covered carports for each unit, in unit washer and dryer, and an on site community garden for residents.
Property Facts
| Price | $3,250,000 | Building Class | B |
| Price Per Unit | $270,833 | Lot Size | 0.71 AC |
| Sale Type | Investment | Building Size | 16,229 SF |
| No. Units | 12 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 2025 |
| Property Subtype | Apartment | Parking Ratio | 4/1,000 SF |
| Apartment Style | Townhome | ||
| Zoning | CMU | ||
| Price | $3,250,000 |
| Price Per Unit | $270,833 |
| Sale Type | Investment |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | B |
| Lot Size | 0.71 AC |
| Building Size | 16,229 SF |
| No. Stories | 2 |
| Year Built | 2025 |
| Parking Ratio | 4/1,000 SF |
| Zoning | CMU |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1.5 | 12 | - | 1,220 |
1 1
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,738,070 | |
| Land Assessment | $567,930 | Total Assessment | $2,306,000 |
Property Taxes
Parcel Numbers
Land Assessment
$567,930
Improvements Assessment
$1,738,070
Total Assessment
$2,306,000
1 of 12
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Felts Townhomes | 303-330 S Felts Ln
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.