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8-Unit Two-Bedroom Apartment Complex
For Sale
$1,600,000

906 Ross St, Davenport, WA 99122

8-unit multifamily property with updated in-unit finishes and mini-split heating/cooling for two-bedroom, two-bath living.

Property Size7,200 SF
Price / SF$222.22
Days on Market52

Property Features for 906 Ross St

General Information

Standard status Active
Size 7,200 SF
Property subtype Multifamily
Occupancy 95%

Additional Details

Multifamily Units 8

Amenities

New construction multifamily asset located in Davenport, Washington
Large 2 Bed, 2 Bath units fitted with mini-splits and decks/patios
Opportunity for long-term stability in a supply-constrained market

Building Details

Building Size 7,200 SF
Units 8
Listing Agency:
Listed By: Keegan Maez · License #License(s): WA: 25026669, ID: 7071396
Source: Marcusmillichap
Added: Jun 28 Changed: Aug 8 Last Checked: Aug 18 at 4:17AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keegan Maez

Investment Insights

Based on property information with market context.

Ross Street Apartments is an 8-unit apartment complex featuring eight two-bedroom, two-bathroom units. The units are described as averaging approximately 900 square feet each. Amenities noted for the property include stainless steel appliances, washer and dryer hookups, granite countertops, and mini-splits.

The property is located at 906 Ross St in Davenport, Washington, in Lincoln County. Public remarks describe Davenport as the county seat and a regional service and employment hub for surrounding agricultural communities, which is cited as supporting workforce housing demand. The remarks also note limited competing rental supply in the local market.

This configuration may appeal to buyers seeking a small, straightforward residential income asset with uniform two-bedroom/two-bath layouts across all units. The presence of in-unit appliance amenities and mini-splits may be attractive for tenants who value in-home comfort and convenience, while washer and dryer hookups can support day-to-day living. The offering is being presented as a rural multifamily opportunity, with the underwriting focus tied to long-term housing needs described in the public remarks.

Key Highlights

  • 8‑unit apartment complex in Davenport, Washington
  • All units are 2‑bedroom, 2‑bath with approximately 900 SF each
  • In‑unit finishes include stainless steel appliances and granite countertops

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Dental Office Garden Center Grocery & Convenience Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units

Location Intelligence

Trade Area within ½ mile

236
Businesses Nearby

Demographics for 99122, WA

3,989
Population
2,262
Households
1.8
Avg Household Size
49
Median Age
26%
College-Educated
93%
High-School Grad
601.1 sq mi
ZIP Area
7
Density / Sq Mi
$74,300
Median Household Income
$45,558
Median Earnings
$918
Median Rent
$315,600
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - 8-unit multifamily property with updated in-unit finishes and mini-split heating/cooling for two-bedroom, two-bath living.
Where is this apartment building located?
The property is located at 906 Ross St Davenport, WA.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 8‑unit apartment complex in Davenport, Washington; All units are 2‑bedroom, 2‑bath with approximately 900 SF each; In‑unit finishes include stainless steel appliances and granite countertops
More about this property
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