Short-Term Rental Unit with Private
New
For Sale
$624,900
16423 E Valleyway Ave, Spokane Valley, WA 99037
MULTI_FAMILY - Ranch - Spokane Valley, WA
Lot Size1.40 Acres
Days on Market2
Property Features for 16423 E Valleyway Ave
General Information
Property type
Residential Multi Family
Property subtype
Single Family Residence
Zoning
R-3
Bedrooms
2
Rooms
Bedroom 1, Laundry Room, Utility Room, Bedroom 2
Window features
Vinyl Frames, Wood Frames
Patio and Porch features
Patio
Interior features
In-Law Floorplan
Fireplace
1
Basement
Walk-Out Access, Finished, Full
Appliances
Free-Standing Range, Dishwasher, Refrigerator, Microwave, Washer, Dryer
Lot features
Sprinkler - Automatic, Treed, Level, Open Lot, Horses Allowed
View
Territorial
Elementary school
Greenacres
Middle school
Greenacres
High school
Ridgeline
Elementary school district
Central Valley
Directions
Sullivan exits south to Valleway left. 5th house on the left past Conklin. The driveway is at the telephone pole along the white vinyl fence.
Standard status
Active
APN
45134.0513
Lot size
1.40 Acres
Taxes and HOA fees
Tax Annual Amount
4624
Utilities
Heating system
Ductless (Heating), Baseboard
Cooling system
Ductless, Wall Unit(s)
Building Details
Year built
1959
Floors in Building
1
Number of units
1
Flooring type
Vinyl
Building materials
Brick Veneer, Steel Frame
Roof type
Composition
Architectural style
Ranch
Additional Structures
Greenhouse
Listing Agency:
eXp Realty, LLC
(888) 317-5197
Listed By:
Hunter Mackay · License #20123491
(360) 339-5093
Added: Jul 30
Changed: Jul 31
Last Checked: Jul 31 at 6:06PM
MLS# 202621809
Copyright © 2026 Spokane Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Ranch-style short-term rental unit featuring an in-law floorplan and a completely private separate entrance. The interior layout includes two bedrooms, a 3/4 bath with a premium walk-in shower, plus a utility and laundry room. For comfort, the unit offers baseboard heat and ductless heating, with wall unit and ductless cooling. Flooring is vinyl, and the home includes a patio and a fireplace.
Set on a 1.4-acre lot and built in 1959, the property sits under R-3 zoning in Spokane Valley, WA. The exterior construction materials include brick veneer with a steel frame, and the roof is composition.
The unit is equipped with a free-standing range, dishwasher, refrigerator, microwave, washer, and dryer, supporting an operational setup for short-term rental use.
Set on a 1.4-acre lot and built in 1959, the property sits under R-3 zoning in Spokane Valley, WA. The exterior construction materials include brick veneer with a steel frame, and the roof is composition.
The unit is equipped with a free-standing range, dishwasher, refrigerator, microwave, washer, and dryer, supporting an operational setup for short-term rental use.
Key Highlights
- Completely private separate entrance for independent access
- Two bedrooms and a 3/4 bath with walk‑in shower
- R‑3 zoning on a 1.4‑acre lot
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
565
Businesses Nearby
Explore this area
Business Placement
Demographics for 99037, WA
15,907
Population
6,189
Households
2.6
Avg Household Size
38
Median Age
30%
College-Educated
96%
High-School Grad
6.3 sq mi
ZIP Area
2,525
Density / Sq Mi
$83,886
Median Household Income
$43,970
Median Earnings
$1,303
Median Rent
$446,700
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Short term rental property - Ranch-style short-term rental unit with separate entrance, two bedrooms, 3/4 bath, and patio, zoned R-3.
Where is this short term rental property located?
The property is located at 16423 E Valleyway Ave Spokane Valley, WA.
What is the asking price?
The asking price for this property is $624,900.
What are key features of this property?
This property features: Completely private separate entrance for independent access; Two bedrooms and a 3/4 bath with walk‑in shower; R‑3 zoning on a 1.4‑acre lot
