$10,000 Closing Credit¹
#202512665, Joe Lanet, Listing Office: Windermere Manito, LLC
$3,200,000 List price
421 S Mckinnon Rd Spokane Valley, WA 99212
25,572 sqft
1.0 acres
$125 / sqft
Multi-Family
Property details
About 421 S Mckinnon Rd
Sold AS-IS in current condition and List Price is Bottom Price. Seller has Threshold on price due to distressed default circumstances. Buyer to purchase and complete construction, ADD on Value for completed project. Projected completed stabilized estimated value excess of $6,000,000.00+/- . Approved for 22 Apartment Units and 2 Leasing Offices or Daycare per city.
Highlights
Home typeMulti Family
HeatingOther
StatusActive
Size25,572 sqft
Lot size0.99 Acres
Year built2024
ParkingSee Remarks
MLS #202425732
Summary
- Basement: No
- Private Pool: No
- Parking: See Remarks
- Exterior: None
- Heating: Other
- List Price: $3,200,000
- Price/SqFt: $125
- Annual Tax Amount: $1,723
- Tax Year: 2024
- Lot: Level
- Directions: Located on 4th and McKinnon in between Theirman and Carnahan
- Year Built: 2024
- Living Area: 25,572 SqFt
- Lot Size: 0.99 Acres
- MLS Number: 202425732
- MLS Name: SARMLS
- Office Name: G. Arger Company
- Office Email: ggarger@argerco.com
- Listing Agent: Gene Arger
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: 5/1/2025, 2:55:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$3,200,000
421 S Mckinnon Rd
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Oct 12, 2021 | Home Sold | $295,000 |
| Mar 15, 2005 | Home Sold | $63,500 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $140,000 | $1,723 |
| 2023 | $177,400 | $2,686 |
| 2022 | $177,400 | $2,672 |
| 2021 | $163,130 | $2,462 |
| 2020 | $136,400 | $2,193 |
| 2018 | $117,790 | $1,975 |
| 2017 | $136,300 | $2,261 |
History based on county public records data.
Nearby schools
4
Frances L. N. Scott Elementary School
Public District PK-5
1.1 mi
•3737 E 5th Ave
2
Seth Woodward Elementary School
Public District 1-5
1.8 mi
•7401 E Mission Ave
6
Lincoln Heights Elementary School
Public District PK-5
1.9 mi
•3322 E 22nd Ave
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 $36,047. The majority of Spokane Valley, WA residents have income less than $<35k annually. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
49%
<35k
42%
35k-100k
10%
100k-200k
0%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
59%
Single, No Kids
13%
Single, with Kids
18%
Married, No Kids
10%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
6%
12-17 yrs old
26%
18-34 yrs old
43%
35-64 yrs old
12%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Figure Skating
Horse Races
Where do the neighbors shop?
Family Dollar
Chico's
Stein Mart
Where do the neighbors go to eat?
White Castle
Bob Evans
LongHorn Steakhouse
What do the neighbors drive?
Chevrolet
Oldsmobile
Buick
What do the neighbors listen to?
Rock
News
Contemporary Inspirational
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Spokane Valley, WA
Transportation options in Spokane Valley cater to a variety of preferences, with a network of roads and highways that facilitate travel and commuting within the region. Public transit services are available, connecting residents to key areas within the Valley and to the greater Spokane region. The area is also equipped with bike lanes and trails, promoting a bike-friendly environment. While some neighborhoods are more walkable than others, efforts are being made to enhance pedestrian accessibility across the community.
Residents of Spokane Valley benefit from a solid educational system, including a number of public and private schools that cater to various educational needs. The community is served by several healthcare facilities, providing a range of services from primary care to specialized treatments. The public library system supports lifelong learning and community engagement. Retail and dining options are plentiful, with establishments ranging from local boutiques to national chains, and restaurants that offer a taste of the local cuisine as well as international flavors.
Spokane Valley is celebrated for its community-oriented atmosphere and scenic beauty, with the Spokane River and numerous parks enhancing the local character. The area prides itself on a blend of urban and suburban elements, offering residents a peaceful yet connected lifestyle. Seasonal events and festivals reflect the community's engagement and the region's traditions, contributing to the Valley's distinct sense of place.
The housing landscape in Spokane Valley offers a diverse array of options, with single-family homes being a significant component of the market. Architectural styles vary, with a mix of contemporary, ranch, and craftsman designs prevalent throughout the area. The market also includes a selection of apartments and townhouses, accommodating a range of living preferences. The majority of the homes were constructed during a development boom in the late 20th century, reflecting the area's growth during that period. The homeownership rate in Spokane Valley is robust, with a substantial portion of residents owning their homes.
About 421 S Mckinnon Rd
This home is located at 421 S Mckinnon Rd in Spokane Valley, WA and zip code 99212. This 25,572 square foot home, which was built in 2024, sits on a 0.99 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since November 18, 2024 and is currently priced at $3,200,000.
In March 2025, from all listings sold in Spokane Valley, WA there were more than 19 sold above asking price, over 33 sold below and more than 25 were sold right at the asked price. The number of listings in Spokane Valley, WA increased by 31% between February and March 2025. The median list price of listings available in March 2025 was $426,362, while the average time on the real estate market was 36 days.
From Rocket Homes Real Estate and based on county public records data.