Prime Investment Opportunity! Unlock the potential of this versatile 0.49-acre parcel, ideally situated in the heart of Greenacres. Zoned CMU (Corridor Mixed-Use), this property offers a wide range of development possibilities—including multi-family housing (10-11 units), apartments, storage units, or commercial ventures. Currently on site is a spacious 1,697 sq.ft. double-wide manufactured home; featuring 4 bedrooms and 3 remodeled bathrooms with new vinyl windows and LVP flooring throughout home - ideal for rental income or temporary occupancy during redevelopment. The oversized, level lot also includes a massive 4-car shop, adding value and flexibility for future plans. Whether you’re looking to develop a high-demand multi-family project or invest in long-term growth, this property delivers location, zoning, and scale in one powerful package.
Pending
$250,000
125 N Flora Rd, Spokane Valley, WA 99037
4beds
3baths
1,697sqft
Est.:
Manufactured On Land
Built in 1971
0.49 Acres Lot
$250,600 Zestimate®
$147/sqft
$-- HOA
What's special
- 241 days |
- 55 |
- 0 |
Zillow last checked: 8 hours ago
Listing updated: November 18, 2025 at 04:35pm
Listed by:
Farrah Kaufman 509-981-1078,
Realty One Group Eclipse
Source: SMLS,MLS#: 202517489
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
First floor
- Level: First
- Area: 1697 Square Feet
Heating
- Electric, Ductless
Cooling
- Window Unit(s)
Appliances
- Included: Range, Dishwasher, Refrigerator
Features
- Windows: Windows Vinyl
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 1,697
- Total interior livable area: 1,697 sqft
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Detached, Carport, RV Access/Parking, Workshop in Garage, Oversized, Paver Block
- Garage spaces: 4
- Has carport: Yes
Features
- Stories: 1
- Fencing: Fenced Yard,Fenced
- Has view: Yes
- View description: Territorial
Lot
- Size: 0.49 Acres
- Features: Level, Oversized Lot
Details
- Additional structures: Workshop
- Parcel number: 45134.1774
Construction
Type & style
- Home type: MobileManufactured
- Architectural style: Other
- Property subtype: Manufactured On Land
Materials
- Vinyl Siding
- Foundation: Block
- Roof: Metal
Condition
- New construction: No
- Year built: 1971
Community & HOA
HOA
- Has HOA: No
Location
- Region: Spokane Valley
Financial & listing details
- Price per square foot: $147/sqft
- Tax assessed value: $230,800
- Annual tax amount: $2,515
- Date on market: 5/28/2025
- Listing terms: Conventional,Cash,Commercial
- Road surface type: Paved
Estimated market value
$250,600
$238,000 - $263,000
$1,636/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/19/2025 | Pending sale | $250,000$147/sqft |
Source:  SMLS #202517489 Report a problem | ||
| 11/7/2025 | Listed for sale | $250,000$147/sqft |
Source: SMLS #202517489 Report a problem | ||
| 10/3/2025 | Pending sale | $250,000$147/sqft |
Source: SMLS #202517489 Report a problem | ||
| 9/1/2025 | Listed for sale | $250,000$147/sqft |
Source: SMLS #202517489 Report a problem | ||
| 8/2/2025 | Pending sale | $250,000$147/sqft |
Source: SMLS #202517489 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,496 +9.9% | $230,800 -1% |
| 2023 | $2,272 +12.9% | $233,200 +13% |
| 2022 | $2,013 +11.4% | $206,300 +33.3% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,462/mo
Principal & interest
$1199
Property taxes
$175
Home insurance
$88
Climate risks
Neighborhood: 99037
Nearby schools
GreatSchools rating
- 7/10Greenacres Elementary SchoolGrades: K-5Distance: 0.7 mi
- 7/10Greenacres Middle SchoolGrades: 6-8Distance: 0.2 mi
- 8/10Ridgeline High SchoolGrades: 9-12Distance: 1.7 mi
Schools provided by the listing agent
- Elementary: Greenacres
- Middle: Greenacres
- High: Ridgeline
- District: Central Valley
Source: SMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
