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    301 Main St Ione, WA 99139

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    For Sale
    $895,000

    Ten-unit multifamily property in Ione, Washington, fully occupied.

    Property size:
    9,968 SF

    Property Features for 301 Main St

    General Information

    Size
    9,968 SF

    Source: Kayla Saunders, CCIM Agent Kayla Saunders, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Ione Multifamily Investment Opportunity

    This multifamily property, located in Ione, Washington, features a unit mix of ten units. The unit mix includes three 2-bedroom units, five 1-bedroom units, one 3-bedroom unit, and one studio. Select units have been recently remodeled. The property is fully occupied. It is situated in the heart of Ione, just one minute from the Pend Oreille River. The property size is 9968 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ceder Creek Salon Hair Salon

    Suggested Use

    Realty agency Restaurant Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Auto Parts Store Hotel & Motel Food Market

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ione
    County
    Pend Oreille
    State
    Washington
    Longitude
    -117.4197115
    Latitude
    48.7406958

    Nearby Similar for Sale

    • $895,000
      9,968 SF

      Ione, WA Apartment Building - 10 Units

      Ten-unit apartment building, excellent cap rate.
      301 Main St, Ione, WA 99139
      View Details

    FAQs

    What type of property is this?
    Apartment building - Ten-unit multifamily property in Ione, Washington, fully occupied.
    Where is this apartment building located?
    The property is located at 301 Main St Ione, WA.
    What is the asking price?
    The asking price for this property is $895,000.
    What are key features of this property?
    This property features: - Fully occupied, providing immediate income.; - Features 10 units with a diverse unit mix: three 2-bedroom, five 1-bedroom, one 3-bedroom, and one studio.; - Select units have been recently remodeled.
    (509) 622-3567
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    301 Main St Ione, WA 99139
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