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. These are high-end, luxury units with a modern design that features many upgrades including: stainless appliance package, durable LVP flooring, and granite counters throughout. Each unit has a 1-car garage, and there are three additional detached garages for extra income potential. Rents range from $2050 to $2400 a month, average is $2150. Gross rents are $15,300 a month.
Active
$2,295,000
701 S Felts Rd, Spokane, WA 99206
21beds
14baths
10,185sqft
Est.:
MultiFamily
Built in 2023
-- sqft lot
$2,195,900 Zestimate®
$225/sqft
$-- HOA
What's special
Modern designHigh-end luxury unitsGranite counters throughoutThree additional detached garagesDurable lvp flooringStainless appliance package
- 46 days |
- 318 |
- 10 |
Zillow last checked: 8 hours ago
Listing updated: February 19, 2026 at 12:59pm
Listed by:
Seth Maefsky 509-922-7355,
Keller Williams Realty Coeur d
Source: SMLS,MLS#: 202611078
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 21
- Bathrooms: 14
Primary bedroom
- Description: Wlkin Clst,Full Bath,Dbl Sinks,2nd Flr
Dining room
- Description: Informal,Eat Bar
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Appliances
- Included: Free-Standing Range, Dishwasher, Refrigerator, Disposal, Microwave, Washer, Dryer
Features
- Hard Surface Counters
- Windows: Windows Vinyl
- Basement: Slab
- Has fireplace: No
Interior area
- Total structure area: 10,185
- Total interior livable area: 10,185 sqft
Property
Parking
- Total spaces: 10
- Parking features: Attached, Garage Door Opener, Off Site
- Garage spaces: 10
Features
- Levels: Two
- Stories: 2
- Fencing: Fenced Yard
Lot
- Size: 0.66 Acres
- Features: Sprinkler - Automatic, Level
Details
- Parcel number: 45201.1326
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Contemporary
Materials
- Masonite, Fiber Cement
- Roof: Composition
Condition
- Year built: 2023
Community & HOA
HOA
- Amenities included: None
Location
- Region: Spokane
Financial & listing details
- Price per square foot: $225/sqft
- Date on market: 1/20/2026
- Listing terms: Conventional,Cash
- Road surface type: Paved
Estimated market value
$2,195,900
$2.09M - $2.31M
$1,783/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/20/2026 | Listed for sale | $2,295,000+0.2%$225/sqft |
Source:  SMLS #202611078 Report a problem | ||
| 12/2/2025 | Listing removed | $2,291,000$225/sqft |
Source: SMLS #202424671 Report a problem | ||
| 3/7/2025 | Price change | $2,291,000-4.5%$225/sqft |
Source: SMLS #202424671 Report a problem | ||
| 2/10/2025 | Price change | $2,399,900-3.8%$236/sqft |
Source: SMLS #202424671 Report a problem | ||
| 1/13/2025 | Price change | $2,495,000-3.9%$245/sqft |
Source: SMLS #202424671 Report a problem | ||
| 10/22/2024 | Listed for sale | $2,595,000+826.8%$255/sqft |
Source: SMLS #202424671 Report a problem | ||
| 9/10/2024 | Listing removed | $2,195 |
Source: Zillow Rentals Report a problem | ||
| 8/3/2024 | Listed for rent | $2,195 |
Source: Zillow Rentals Report a problem | ||
| 7/10/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 6/12/2024 | Listed for rent | $2,195 |
Source: Zillow Rentals Report a problem | ||
| 7/28/2021 | Sold | $280,000$27/sqft |
Source: SMLS #202024818 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$12,703/mo
Principal & interest
$11096
Property taxes
$1607
Climate risks
Neighborhood: 99206
Nearby schools
GreatSchools rating
- 4/10Opportunity Elementary SchoolGrades: PK-5Distance: 0.9 mi
- 6/10North Pines Middle SchoolGrades: 6-8Distance: 1.4 mi
- 6/10University High SchoolGrades: 9-12Distance: 2.2 mi
Schools provided by the listing agent
- Elementary: Opportunity
- Middle: North Pines
- High: University
- 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.
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