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Airway Heights, WA

Multifamily

Airway Heights, WA Multifamily Properties for Sale

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Spokane, WA Medical Lake, WA Cheney, WA Nine Mile Falls, WA Reardan, WA Fairwood, WA Spokane Valley, WA

Mobile Home, RV Park, Motel

Updated: Jul 8, 2023

Mobile Home, RV Park, Motel

12525 W Sunset Hwy, Airway Heights, WA 99001

$3,699,000

2,400 sqft 4.17 AC lot

High Cap Rate: 12.07% (2024 Proforma) and 13.22% (2023 Actuals) indicate strong income potential.
Significant Net Income: $458,818 (2024 Proforma) and $502,218 (2023 Actuals) demonstrate profitability.
Diverse Income Streams: Combination of mobile home park (16 units), RV spaces (10), and motel (24 rooms) provides multiple revenue sources.
Commercial Zoning (C1‑A): Allows for redevelopment into various commercial uses including retail, office, motel, automotive, and restaurants.
Recent Upgrades: $365,000 invested in roof, sewer, and road improvements.

Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 1 Active listings in Airway Heights, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 9 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Renovated Browne's Addition 5-Plex

Renovated Browne's Addition 5-Plex

2109 W Pacific Ave, Spokane, WA 99201

$800,000

3,892 sqft 0.19 AC lot

Stunning, fully renovated 5-plex in the heart of Browne's Addition.

Historic Triplex with Private Balcony

Historic Triplex with Private Balcony

2217 W 5th Ave, Spokane, WA 99224

$489,000

2,098 sqft 0.15 AC lot

Triplex built in 1891 with two main-level units and an upper unit with a private balcony.

Medical Lake Duplex Investment Opportunity

Medical Lake Duplex Investment Opportunity

316 N Silver Lake Ave, Medical Lake, WA 99022

$385,000

2,240 sqft 0.29 AC lot

Well-positioned duplex in Medical Lake with consistent rental demand.

Spokane Duplex: Investment Opportunity

Spokane Duplex: Investment Opportunity

3103 W 13TH Ct, Spokane, WA 99224

$335,000

1,152 sqft 0.17 AC lot

Well-located duplex near Spokane offers excellent investment potential.

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Hauser, ID Land with Views

Hauser, ID Land with Views

16154 N Smith Ave, Hauser, ID 83854

$495,000

1,232 sqft 5.00 AC lot

5-acre property with Hauser Lake views, ready for your dream home.

Blanchard Land: Entertainer's Delight

Blanchard Land: Entertainer's Delight

101 Par Loop, Blanchard, ID 83804

$345,000

140 sqft 0.11 AC lot

Oversized corner lot with extensive outdoor kitchen and coach house.

Waterfront Timbered Acreage Lot

Waterfront Timbered Acreage Lot

1901 Pines Rd, Newport, WA 99156

$115,000

10.13 AC lot

Timbered 10.13-acre lot with power installed and fiber conduit in place, offering views of the Little Spokane River.

Scenic Land Overlooking St. Joe

Scenic Land Overlooking St. Joe

St Maries, ID 83861

$149,000

5.00 AC lot

5-acre parcel with views, convenience, and flexibility.

Off-Market Properties in Airway Heights, WA

Consider similar Off-Market properties in Airway Heights, WA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

MOBILE HOME PARK, TRAILER PARK

12618 15th Ave, Airway Heights, WA 99001-5804

Value Estimation by Request

720 sqft 0.43 AC lot

MOBILE HOME PARK, TRAILER PARK

12823 13th Ave, Airway Heights, WA 99001-6000

Value Estimation by Request

704 sqft 1.03 AC lot

MOBILE HOME PARK, TRAILER PARK

1701 Lawson St, Airway Heights, WA 99001-5816

Value Estimation by Request

2,916 sqft 7.53 AC lot

MOBILE HOME PARK, TRAILER PARK

2011 Craig Rd, Airway Heights, WA 99001-9757

$560,000

Estimated value

1,808 sqft 9.32 AC lot

APARTMENT HOUSE (5+ UNITS)

10913 6th Ave, Airway Heights, WA 99001-5105

$520,000

Estimated value

648 sqft 113.00 AC lot

Multifamily properties

12411 9Th Ave, Airway Heights, WA 99001

Value Estimation by Request

1,454 sqft

APARTMENT HOUSE (5+ UNITS)

13315 1st Ave, Airway Heights, WA 99001-5289

Value Estimation by Request

0.58 AC lot

Airway Heights, WA 99001

APARTMENT HOUSE (5+ UNITS)

Airway Heights, WA 99001

Value Estimation by Request

2.33 AC lot

Airway Heights, WA 99001

APARTMENT HOUSE (5+ UNITS)

Airway Heights, WA 99001

Value Estimation by Request

2.34 AC lot

Airway Heights, WA Multifamily Properties Market Trends and Statistics

Explore 10 multifamily properties for sale in Airway Heights, WA on our real estate platform. These investment opportunities span a total of 2,400 square feet of properties for sale, with an estimated market value of $3,699,000.

Sale prices for multifamily properties in Airway Heights, WA start at $3,699,000, averaging $3,699,000, and reaching up to $3,699,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 8,931

Population Growth (5Y) +31.4%

Median Household Income $60,182

College Educated 24.7%

High-Yield Neighborhoods for Investment

Identify Airway Heights submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
99001	$3.7M

Taxes & Financing

Tax Rate (average for all types) 0.75%

Property Tax per SF $16.16 per SF

Tax Rate vs County Average 0.11 pp below county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Spokane County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Airway Heights fall within the 10,000 to 25,000 square foot range.

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