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New Construction Apartment Building
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3001 Liberty Ave, Spokane, WA 99207

Newly constructed 24-unit apartment building offering 18 two-bedroom and 6 one-bedroom units.

Property SizeContact for details
Days on Market135

Property Features for 3001 Liberty Ave

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 24

Building Details

Year Built 2022
Tenancy Multi
Listing Agency: 4DEGREES Real Estate
Listed By: Jordan Tampien · License #WA 25708
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 10:51AM

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 4DEGREES Real Estate

Investment Insights

Based on property information with market context.

This new construction multifamily property is planned for completion in March 2022 and will include 24 apartment units: 18 two-bedroom, two-bath homes and 6 one-bedroom, one-bath homes. The residences are described as featuring LVP vinyl flooring, quartz countertops, European-style cabinets, and spacious layouts. Additional details noted include a 40-year roof, along with warranties on all work and appliances.

The property is described as having an approved market-rate 8-year property tax abatement intended to lower operating costs.

Unit mix will provide a combination of two-bedroom and one-bedroom layouts within the same 24-unit apartment building configuration.

Key Highlights

  • New construction 24‑unit apartment building (to be completed March 2022)
  • Unit mix: 18 two‑bedroom/2‑bath apartments and 6 one‑bedroom/1‑bath apartments
  • Appliances and work/warranties included, plus a 40‑year roof

Property Analytics

Current Use

The Flats on Liberty Apartment Complex

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Hair Salon HVAC Service Skin Care Clinic

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

24
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

311
Businesses Nearby

Demographics for 99207, WA

32,059
Population
13,673
Households
2.3
Avg Household Size
34
Median Age
17%
College-Educated
91%
High-School Grad
5.2 sq mi
ZIP Area
6,165
Density / Sq Mi
$55,548
Median Household Income
$31,712
Median Earnings
$1,127
Median Rent
$246,800
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 - Newly constructed 24-unit apartment building offering 18 two-bedroom and 6 one-bedroom units.
Where is this apartment building located?
The property is located at 3001 Liberty Ave Spokane, WA.
What are key features of this property?
This property features: New construction 24‑unit apartment building (to be completed March 2022); Unit mix: 18 two‑bedroom/2‑bath apartments and 6 one‑bedroom/1‑bath apartments; Appliances and work/warranties included, plus a 40‑year roof
More about this property
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