5-Unit Apartment
New
For Sale
$529,000
457 E 6TH Ave, Colville, WA 99114
Multi Family, Contemporary, COLVILLE, WA
Property Size3,174 SF
Lot Size0.17 Acres
Price / SF$166.67
Days on Market3
Property Features for 457 E 6TH Ave
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Rooms
Basement
Parking features
Parking Lot
Basement
Partially Finished, Daylight, Walk-Out Access
Lot features
Common Area, Corner, Garden Space, Level, Treed, View
Directions
From Colville North on Main Street, right on 6th Avenue, continue to destination on the corner of 6th Ave and Walnut.
Subdivision
S1 - Colville
Standard status
Active
APN
0090000
Size
3,174 SF
Lot size
0.17 Acres
Taxes and HOA fees
Tax Description
COLVILLE L W MEYERS TAX #6 BLK 3
Legal Description
COLVILLE L W MEYERS TAX #6 BLK 3
Utilities
Heating system
Baseboard, Electric (Heating)
Amenities
coin-operated laundry
Building Details
Year built
1910
Floors in Building
2
Roof type
Composition
Architectural style
Contemporary
Listing Agency:
Keller Williams Realty Coeur d'Alene
(208) 667-2399
Listed By:
Dustin Haynes · License #24003085
(509) 954-1613
Added: Oct 7
Changed: Oct 9
Last Checked: Oct 9 at 3:06PM
MLS# 46482
Copyright © 2026 Northeast Washington Association of Realtor MLS. 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.
This 3,174-square-foot apartment property contains five one-bedroom, one-bathroom units. On-site features include coin-operated laundry, a parking lot, and a large yard. The building uses electric baseboard heat and has a composition roof; it was built in 1910. The site measures 0.17 acres.
Key Highlights
- Five apartments, each with one bedroom and one bathroom
- 3,174 square feet on a 0.17‑acre parcel
- Coin‑operated laundry on site
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,568
Cap Rate
5.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$631,360
$631.4K
Cap Rate 7%
$450,971
$451.0K
Cap Rate 9%
$350,756
$350.8K
Market Conditions
NOI Build-Up for 3,174 SF
Gross rent
$61.3K $19.32/SF
− Vacancy
−$3.9K −$1.24/SF
EGI
$57.4K $18.08/SF
− OpEx
−$25.8K −$8.14/SF
NOI
$31.6K $9.95/SF
Area
Stevens County, WA
Vacancy
6.40%
Lease Rate
$19.32 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$631,360
Cap Rate 7%
$450,971
Cap Rate 9%
$350,756
Alternative Uses
Best Use
Apartment 5plus
$451.0K
$394.6K – $526.1K
NOI $31,568 @ 7.0% cap · market cap 5.97%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$818.9K
$716.5K – $955.4K
NOI $57,322 @ 7.0% cap · market cap 10.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
609
Businesses Nearby
Explore this area
Business Placement
Demographics for 99114, WA
12,649
Population
6,154
Households
2.1
Avg Household Size
49
Median Age
23%
College-Educated
91%
High-School Grad
718.5 sq mi
ZIP Area
18
Density / Sq Mi
$61,891
Median Household Income
$45,164
Median Earnings
$916
Median Rent
$268,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Each residence has one bedroom and one bathroom, with coin-operated laundry on site.
Where is this apartment building located?
The property is located at 457 E 6TH Ave Colville, WA.
What is the asking price?
The asking price for this property is $529,000.
What are key features of this property?
This property features: Five apartments, each with one bedroom and one bathroom; 3,174 square feet on a 0.17‑acre parcel; Coin‑operated laundry on site
