Apartment Building

Ritzville, WA Apartment Buildings for Sale

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Updated Multifamily Apartment Building
Updated: Aug 18
Updated Multifamily Apartment Building

407 1st Ave, Ritzville, WA 99169

$465,000
8 studio apartments, 1 one‑bedroom unit, and 2 two‑bedroom units
New roof installed in 2025
Studios include private bathrooms, hot plates, microwaves, and compact refrigerators
One- and two‑bedroom units have full kitchens
Coin‑operated laundry facility on site
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Ritzville, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

11-Unit Apartment Building
11-Unit Apartment Building

1115 1st St, Cheney, WA 99004

$1,000,000
9,600 sqft 0.19 AC lot

A mix of one- and two-bedroom apartments is paired with several exterior and interior updates.

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20-Unit Apartment Building
20-Unit Apartment Building

116 E Hill Ave, Moses Lake, WA 98837

Contact for pricing
14,340 sqft

Multi-family property with updated exterior elements, on-site laundry, storage, and parking on a corner lot.

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Modern 90-Unit Apartment Building
Modern 90-Unit Apartment Building

1026 West 1st Street, Cheney, WA 99004

Contact for pricing

Recently constructed apartments offer in-unit laundry, quartz countertops, LVP flooring, and modern HVAC systems.

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16-Unit Townhome-Style Apartment Building
16-Unit Townhome-Style Apartment Building

1525 S Monroe St, Moses Lake, WA 98837

$3,600,000

Townhome-style units offer private laundry, included appliances, and granite or quartz countertops.

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Ritzville, WA Apartment Buildings Market Trends and Statistics

Explore 1 apartment buildings for sale in Ritzville, WA on our real estate platform.

Sale prices for apartment complexes in Ritzville, WA average $465,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 2,637
Population Growth (5Y) +8.6%
Median Household Income $66,161
College Educated 29.0%

High-Yield Neighborhoods for Investment

Identify Ritzville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
99169 $465K

Taxes & Financing

Tax Rate (average for all types) 1.16%
Property Tax per SF $12.17 per SF
Tax Rate vs County Average 0.11 pp above county avg
Average Loan-to-Value 65.0%

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