$2,291,000

701 S Felts Rd Spokane, WA 99206

$10,000
Closing credit¹
10,185 sqft
0.7 acres
$225 / sqft
Multi-Family

Property details

About 701 S Felts Rd

BRAND NEW 7-unit multifamily property in a quiet Spokane Valley neighborhood! One 4-plex and a triplex make up the seven units, with each unit offering 3 bedrooms, 2.5 baths, and 1455 s.f. of living space. The modern design features many upgrades including stainless appliance package, durable LVP flooring, and granite counters throughout. Two units are fully furnished and operating as Airbnb rentals. Each unit has a 1-car garage, and there are three additional detached garages for extra income potential.

Highlights

Home typeMulti Family
HeatingGas, Forced Air
StatusActive
(Chg price)
CoolingCentral Air
Size10,185 sqft
BasementYes
Lot size0.66 Acres
Year built2023
ParkingAttached, Garage Door Opener, Off Site
MLS #202424671
Attached garage10 spaces

Summary

  • MLS Number: 202424671
  • MLS Name: SARMLS
  • Office Name: Keller Williams Realty Coeur d
  • Office Email: broker@kwcda.com
  • Listing Agent: Seth Maefsky

IDX 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.

Broker Reciprocity 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: 3/10/2025, 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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view of front of home

$2,291,000

701 S Felts Rd

$10,000

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

5

Universtiy Elementary School

Public District KG-5

0.7 mi

1613 S University Rd

5

Opportunity Elementary School

Public District KG-5

0.9 mi

1109 S Wilbur Rd

5

Broadway Elementary School

Public District KG-5

1.0 mi

11016 E Broadway Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $34,634. Most Spokane, WA residents have annual incomes less than $<35k. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

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 BoxingPro Boxing
  • UFCUFC
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • BurlingtonBurlington
  • Family DollarFamily Dollar
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • PopeyesPopeyes
  • Burger KingBurger King
  • Church's ChickenChurch's Chicken

What do the neighbors drive?

  • DodgeDodge
  • BuickBuick
  • CadillacCadillac

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • JazzJazz
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 701 S Felts Rd in Spokane, WA and zip code 99206. This 10,185 square foot home, which was built in 2023, sits on a 0.66 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since October 22, 2024 and is currently priced at $2,291,000.

In February 2025, from all listings sold in Spokane, WA there were more than 12 sold above asking price, over 17 sold below and more than 14 were sold right at the asked price. The number of homes for sale in Spokane, WA increased by 8.7% between January and February 2025. While the average time on the market in February 2025 was 42 days, the median list price was $425,375.

From Rocket Homes Real Estate and based on county public records data.

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