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24-Unit Apartment Property
For Sale
$6,000,000

13217 E 3rd Ln, Spokane Valley, WA 99216

Two-building apartment development with uniform two-bedroom, two-bath layouts near the Appleway walking trail.

Property SizeContact for details
Days on Market64

Property Features for 13217 E 3rd Ln

General Information

Standard status Active
Property subtype Multi-Family

Building Details

Year Built 2025
Listing Agency: Windermere Valley
Listed By: Steve Jones · License #15029
Source: Jonwalker
Added: Aug 1 Changed: Oct 1 Last Checked: Oct 2 at 10:47PM

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 Windermere Valley

Investment Insights

Based on property information with market context.

This apartment property includes two buildings with 12 units each, providing 24 total residences. Every unit is configured with two bedrooms and two bathrooms. The buildings are identified with Craftsman exterior design, and the development is associated with a 2025 build year. Any available apartment imagery is presented as artist rendering rather than an exact depiction of the completed buildings.

Located at 13217 3rd in Spokane Valley, the property sits just off the Appleway walking trail. Safeway and Target are among the nearby retail destinations identified for the area, providing convenient access to everyday shopping.

Key Highlights

  • 24 total apartment units across two 12‑unit buildings
  • All units feature a two‑bedroom, two‑bathroom layout
  • Craftsman exterior design

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Big Box & Wholesale Store HVAC Service Restaurant Electrical Service

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

Location Intelligence

Trade Area within ½ mile

614
Businesses Nearby

Demographics for 99216, WA

28,379
Population
12,703
Households
2.2
Avg Household Size
37
Median Age
22%
College-Educated
95%
High-School Grad
14.2 sq mi
ZIP Area
1,999
Density / Sq Mi
$69,958
Median Household Income
$40,652
Median Earnings
$1,307
Median Rent
$336,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Two-building apartment development with uniform two-bedroom, two-bath layouts near the Appleway walking trail.
Where is this apartment building located?
The property is located at 13217 E 3rd Ln Spokane Valley, WA.
What is the asking price?
The asking price for this property is $6,000,000.
What are key features of this property?
This property features: 24 total apartment units across two 12‑unit buildings; All units feature a two‑bedroom, two‑bathroom layout; Craftsman exterior design
More about this property
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