Airway Heights, WA Multifamily properties for sale

Updated: Jul 21

Four-Unit Multifamily Property

12814 W 13th Ave, Airway Heights, WA 99001

$545,000

0.35 AC lot

Four residential units configured as two duplex buildings
Each unit has 2 bedrooms and 1 bath
Recently remodeled units on a 0.35‑acre lot
1985 construction with ranch‑style architecture
Hot water, electric, and ductless heating systems

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Updated: Mar 26

Mobile Home, RV Park, Motel

12525 Sunset, 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.

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See what stands out in Spokane County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

Cap Rate available after sign in

NOI available after sign in

Local Demand available after sign in

Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 2 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 2 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.

Updated Two-Unit Duplex

404 /406 N Grant Ave, Medical Lake, WA 99022

$385,000

1,880 sqft

Both residences feature remodeled kitchens, modern appliances, and refreshed interior finishes.

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Ranch Duplex with Two Units

3103 W 13TH Ct, Spokane, WA 99224

$335,000

1,152 sqft 0.17 AC lot

Each residence includes one bedroom and one bathroom within an efficient layout suited to residential rental use.

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Waterfront Resort with RV Sites

Ruby's Resort Silver Lake 17207 W Medical Lake Four Lakes Rd, Medical Lake, WA 99022

Contact for pricing

4.59 AC lot

Seasonal resort includes a store, bungalow, and approved recreational vehicle sites.

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Rustle Apartments 36-Unit Building

1520 S Rustle St, Spokane, WA 99224

Contact for pricing

New construction apartment property with a primarily two-bedroom, two-bathroom unit mix.

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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.

Multi-Family Zoned Lot Near EWU

7 5th Street, Cheney, WA 99004

$460,000

16,000 sqft 0.37 AC lot

16,000 sq ft multi-family zoned lot near Eastern Washington University.

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Hauser, ID Land with Views

16154 N Smith Ave, Hauser, ID 83854

$495,000

1,232 sqft 5.00 AC lot

Value Estimation by Request

1,454 sqft

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APARTMENT HOUSE (5+ UNITS)

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

$215,000

Estimated value

0.58 AC lot

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APARTMENT HOUSE (5+ UNITS)

Airway Heights, WA 99001

$260,000

Estimated value

2.33 AC lot

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APARTMENT HOUSE (5+ UNITS)

Airway Heights, WA 99001

$260,000

Estimated value

2.34 AC lot

View details

Airway Heights, WA Multifamily Properties Market Trends and Statistics

Explore 11 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 $4,244,000.

Sale prices for multifamily properties in Airway Heights, WA start at $545,000, averaging $2,122,000, 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.

Neighborhood	Average Price
99001	$2.6M

Neighborhood

Average Price

99001

$2.6M