$8,657 Closing Credit¹
#202511265, Chris Di Cicco, Listing Office: Keller Williams Realty Coeur d
$1,200,000 List price
317/318 S Herald Ln Spokane Valley, WA 99206
$10,000
Closing credit¹
3,580 sqft
0.4 acres
$335 / sqft
Multi-Family
Property details
About 317/318 S Herald Ln
Prime investment opportunity in the heart of Spokane Valley! This well-maintained property features two fully leased duplexes, each offering 2 bedrooms and 1.5 bathrooms across efficient living spaces. Each unit is complemented by a one-car private garage, with additional storage space, ensuring tenants have everything they need. Situated on a private road, this development provides the perfect blend of privacy and convenience! The oversized shop on the property is a versatile asset, ideal for personal storage or as an additional income stream—whether through leasing or business use. With steady rental income already in place and the potential for further revenue from the shop, this investment promises both immediate returns and long-term growth. Don’t miss out on this rare opportunity to secure a stable and profitable addition to your real estate portfolio in a sought-after Spokane Valley location! Opportunity awaits: owner occupy, 1031 exchange, investment, passive income, cash flowing, set it and forget it
Highlights
Home typeMulti Family
HeatingGas, Ductless
StatusActive
(New)
(New)
Size3,580 sqft
Lot size0.42 Acres
Year built2013
ParkingAttached
MLS #202513276
Attached garage4 spaces
ViewTerritorial
Summary
- MLS Number: 202513276
- MLS Name: SARMLS
- Office Name: Avalon 24 Real Estate
- Office Email: info@avalontwofour.com
- Listing Agent: Patrick Libey
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.
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: 3/15/2025, 11:10:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,200,000
317/318 S Herald Ln
$10,000
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
8
Arthur B. Ness Elementary School
Public District 1-5
0.9 mi
•9612 E Cataldo Ave
5
Broadway Elementary School
Public District KG-5
0.9 mi
•11016 E Broadway Ave
5
Universtiy Elementary School
Public District KG-5
0.9 mi
•1613 S University Rd
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 $34,634. The most common annual income of people living in Spokane Valley, WA is less than $<35k. Typical family type is single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
51%
<35k
43%
35k-100k
6%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
54%
Single, No Kids
19%
Single, with Kids
15%
Married, No Kids
12%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
6%
12-17 yrs old
27%
18-34 yrs old
37%
35-64 yrs old
14%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing- UFC
Figure Skating
Where do the neighbors shop?
Burlington
Family Dollar
Stein Mart
Where do the neighbors go to eat?
Popeyes
Burger King
Church's Chicken
What do the neighbors drive?
Dodge
Buick
Cadillac
What do the neighbors listen to?
Urban Contemporary
Jazz
Contemporary Inspirational
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Spokane Valley, WA
About 317/318 S Herald Ln
This home is located at 317/318 S Herald Ln in Spokane Valley, WA and zip code 99206. This 3,580 square foot home, which was built in 2013, sits on a 0.42 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since March 14, 2025 and is currently priced at $1,200,000.
While more than 12 listings in Spokane Valley, WA in February 2025 were sold above asking price, there were more than 14 listings sold at asking price, and more than 17 were sold below. The number of homes for sale in Spokane Valley, WA increased by 8.7% between January and February 2025. The median list price of listings available in February 2025 was $425,375, while the average time on the real estate market was 42 days.
From Rocket Homes Real Estate and based on county public records data.