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Multifamily Property with Private Entrances
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5010 E 1st Ave, Spokane Valley, WA 99212

Four residential buildings provide individual entrances and limited wall sharing across the property.

Property SizeContact for details
Days on Market143

Property Features for 5010 E 1st Ave

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 13

Building Details

Year Built 1955
Buildings 4
Listing Agency: Paragon Group
Listed By: Peter Clark · License #25005584
Source: Crexi
Added: Apr 13 Changed: Aug 31 Last Checked: Aug 30 at 4:16PM

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 Paragon Group

Investment Insights

Based on property information with market context.

This multifamily property in Spokane Valley includes 13 units arranged across four residential buildings: three triplexes and one fourplex. Constructed in 1955, the buildings feature private entrances, spacious unit layouts, and limited shared walls between residences.

The property is located at 5010 E 1st Ave in Spokane Valley, Washington. Its low-density configuration provides a distinct arrangement compared with a single apartment building, with multiple smaller structures comprising the overall unit count.

Key Highlights

  • 13 multifamily units across four residential buildings
  • Three triplexes and one fourplex
  • Built in 1955

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Nail Salon Parking Lot & Garage 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

13
Residential units

Location Intelligence

Trade Area within ½ mile

367
Businesses Nearby

Demographics for 99212, WA

21,672
Population
9,496
Households
2.3
Avg Household Size
41
Median Age
27%
College-Educated
93%
High-School Grad
12.3 sq mi
ZIP Area
1,762
Density / Sq Mi
$66,250
Median Household Income
$39,829
Median Earnings
$1,184
Median Rent
$314,300
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?
Multifamily property - Four residential buildings provide individual entrances and limited wall sharing across the property.
Where is this multifamily property located?
The property is located at 5010 E 1st Ave Spokane Valley, WA.
What are key features of this property?
This property features: 13 multifamily units across four residential buildings; Three triplexes and one fourplex; Built in 1955
(509) 221-9354 Call to check price and availability
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