Property details
About 105 E Aspen Ave
Excellent MH park investment opportunity offering a 12.3% CAP rate from 9 income-producing units, with room to add a 10th. Current gross income is $10,310/month, with projected 2025 NOI over $90K and potential for growth. Located just minutes from Loon Lake and 30 minutes to North Spokane, this quiet, nicely treed setting feels private while offering easy access from the main road. Each home includes a shed, yard and ample parking, and tenants enjoy public water/sewer and a peaceful community feel. Most tenants are long-term with low turnover, and on-time payments. Recent improvements include two fully remodeled units, several others with major updates, and most have had ducts cleaned and sealed for energy efficiency. The open 10th site offers potential for an additional rental, on-site manager’s unit, or shop. Seller has been updating units before filling vacancies. Do not visit or disturb tenants. Showings by appt after mutual acceptance.
Highlights
Summary
- Appliances: Range, Dishwasher, Refrigerator, Microwave
- Basement: No
- Private Pool: No
- Parking: Off Site
- Exterior: None
- List Price: $771,000
- Annual Tax Amount: $1,705
- Tax Year: 2023
- Lot: Many Trees, Level
- Directions: Do not visit or disturb tenants. Directions to be provided after mutual acceptance.
- Year Built: 9999
- Stories: 1
- Lot Size: 1.03 Acres
- MLS Number: 202519511
- MLS Name: SARMLS
- Office Name: Amplify Real Estate Services
- Office Email: wabroker@amplify-re.com
- Listing Agent: Lara Ramsay
Listings courtesy of Spokane Association of REALTORS® MLS as distributed by MLS GRID.
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. Properties displayed may be listed or sold by various participants in the MLS.
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The data relating to real estate for sale on this web site comes in part from the Spokane Association of REALTORS®. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the SARMLS. Real estate listings held by other brokerage firms are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Copyright 2025 Spokane Association of REALTORS® MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/16/2025, 1:40:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| May 13, 2015 | Home Sold | $240,000 |
| May 13, 2015 | Home Sold | $240,000 |
| May 08, 2015 | Home Sold | $297,670 |
| Nov 16, 2005 | Home Sold | $240,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $233,590 | $1,705 |
| 2022 | $215,226 | $1,481 |
| 2021 | $183,688 | $1,532 |
| 2019 | $150,689 | $1,413 |
| 2018 | $141,964 | $1,554 |
| 2017 | $140,664 | $1,594 |
History based on county public records data.
Nearby schools
1
Springdale Elementary School
Public District PK-5
0.4 mi
•500 N 4th
3
Loon Lake Elementary School
Public District PK-6
5.1 mi
•4001 Maple St
6
Arcadia Elementary School
Public District 3-5
14.9 mi
•1120 E D St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $30,765. The most common annual income of people living in Springdale, WA is less than $<35k. Most families are married, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
NASCAR
Hunting
Pro Wrestling
Where do the neighbors shop?
Dollar General
Bass Pro Shops
Wal-Mart
Where do the neighbors go to eat?
Hardee's
Jimmy Johns
Applebees
What do the neighbors drive?
GMC
Ram
Chevrolet
What do the neighbors listen to?
Classic Country
New Country
Oldies
Frequently asked questions
About 105 E Aspen Ave
The listing price of 105 E Aspen Ave property is $771,000.
The property 105 E Aspen Ave is a multi located in Springdale, Washington, 99173.
Active Listing: 105 E Aspen Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 105 E Aspen Ave are: Springdale Elementary School (GreatSchools Rating 1/10), Loon Lake Elementary School (GreatSchools Rating 3/10), Arcadia Elementary School (GreatSchools Rating 6/10), Springdale Middle School (GreatSchools Rating 3/10), Loon Lake Homelink Program (GreatSchools Rating 4/10), Valley School (GreatSchools Rating 5/10), Mary Walker Alternative Learning Experience (GreatSchools Rating 2/10), Mary Walker High School (GreatSchools Rating 4/10), Deer Park Home Link Program (GreatSchools Rating 5/10).
According to the records, the last property tax for 2023 is $1,705 (source: MLS/based on county public records data).
The last sale was on May 13, 2015 for $240,000 (source: MLS/tax record).
The year of construction for 105 E Aspen Ave is 9999.
This home is located at 105 E Aspen Ave in Springdale, WA and zip code 99173. Features: 0 bathroom. It has been listed on Rocket Homes since June 27, 2025 and is currently priced at $771,000.
Between May and June 2025, Springdale, WA real estate market has seen increase in the number of listings by 33.3%. In June 2025 median list price was $469,000 and the average listing age was 151 days.