42,000 sqft

$10,500,000

11802 E Main Ave, Spokane Valley WA, 99206

Price per sqft$250.00

Built in2026

Property size42,000 sqft

Property typeCommercial

Courtesy of Keller Williams Spokane - Main, Eric Peterson Listing Contact: 509-710-3928

Overview

Active

Listed Apr 10, 2026

Updated 4 weeks ago

New Construction "42 Unit - Mason Apartment Complex" on nearly an Acre Site! There are 36 - 2 Bedroom/2 Bathroom Units and 6 - 1 Bedroom/1 Bathroom Units. Each Unit is well appointed to include Hard Surface Countertops, Laminate Flooring, 10’ Ceilings and Primary Bedrooms have Walk-in Closets. All Units have Mini-splits or PTAC units for Heating & Cooling, full appliance packages including washer and dryer, and each unit also has a Private Patio or Deck. There are 85 Parking Spots (with 12 EV Stalls) and the Security Gate is Roughed-in for the Parking Lot – Asphalt is done and parking lines painted! RENT STUDY - 1 Bed/1 Bath Units (6 total) at $1,350.00 each and 2 Bed/2 Bath (36 total) at $1,825.00 each for a monthly estimate of $73,800.00. Annual Total Income - $885,600.00. Total Annual Expenses (estimated) are $243,008.00 and the NOI - $624,879.00.

Additional information

MLS^® ID: 202615194

Interior Features

Cooling: Yes
Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.95 Acres

Other Property Details

View: Yes

Listings courtesy of WA - Spokane Association of REALTORS (SAR) as distributed by MLS GRID

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Based on information submitted to the MLS GRID as of 3:26 AM UTC on 8/19/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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