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Multifamily Zoned Development Land
For Sale
$675,000

6524 4th, Spokane Valley, WA 99212

Multifamily (MF) zoned parcel in Spokane Valley with stated capacity for up to 22 dwelling units.

Property SizeContact for details
Days on Market104

Property Features for 6524 4th

General Information

Standard status Active
Property subtype Land/Property
Zoning MF
Listing Agency: Avalon 24 Real Estate
Listed By: Aryn Presta
Source: Clearwaterproperties
Added: Jul 19 Changed: Oct 28 Last Checked: Oct 30 at 12:34PM

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 Avalon 24 Real Estate

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Investment Insights

Based on property information with market context.

This for-sale development parcel is designated multifamily (MF). Public remarks indicate the zoning permits up to 22 dwelling units, with the possibility of additional density with upcoming density changes. The property is positioned for multifamily and related residential development planning, including apartment or townhome configurations.

The remarks also note that the neighboring property to the east is available, which may allow expansion beyond the current parcel for increased development opportunity.

The public remarks further mention “shop space” as a potential resource for contractor staging or equipment storage during redevelopment planning, along with the idea of interim income generation during the planning period.

Key Highlights

  • Multifamily (MF) zoned parcel in Spokane Valley with stated capacity for up to 22 dwelling units.
  • MF zoning permits up to 22 dwelling units, with potential for additional units with upcoming density changes.
  • Neighboring property to the east is also available, offering the chance to double (or more) development opportunity.

Property Analytics

Who owns this building? See the owner, sales and loan history
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Suggested Use

Top Pick Nail Salon Parking Lot & Garage Bakery Real Estate Agency Spa & Massage Center (Bike/Boat/Book/etc) Store

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

312
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Multifamily (MF) zoned parcel in Spokane Valley with stated capacity for up to 22 dwelling units.
Where is this residential land & home lot located?
The property is located at 6524 4th Spokane Valley, WA.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Multifamily (MF) zoned parcel in Spokane Valley with stated capacity for up to 22 dwelling units.; MF zoning permits up to 22 dwelling units, with potential for additional units with upcoming density changes.; Neighboring property to the east is also available, offering the chance to double (or more) development opportunity.
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