Medical Lake, WA Multifamily properties for sale

Updated: May 25

Medical Lake Duplex Investment Opportunity

931-933 N Stanley St, Medical Lake, WA 99022

$565,000

2,614 sqft

Fully rented duplex provides immediate income and turnkey investment opportunity.
Prime location near Fairchild Air Force Base, Amazon, Cheney, and Airway Heights ensures high tenant demand.
Each unit features a spacious 3‑bedroom, 2.5‑bath layout with attached 2‑car garage and individual driveway.
Private back decks with no direct neighbors offer enhanced tenant privacy.
Modern amenities include gas forced air heat, central A/C, and sprinkler systems for low‑maintenance appeal.

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This listing looks promising.

Here's a quick look at some key insights for

931-933 N Stanley St, Medical Lake, WA 99022

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Est. Cap Rate

5.1%
NOI ÷ price
Est. NOI

$29K
Annual
Price @ 7% Cap

$414K
Suggested

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Updated: May 8

Medical Lake Duplex Investment Opportunity

316 N Silver Lake Ave, Medical Lake, WA 99022

$385,000

0.29 AC lot

Duplex built in 1971 with each unit offering a 3‑bedroom, 1‑bath layout
Each unit features approximately 1,120 SF of living space
Offsite/off‑street parking available for tenants
Heating includes electric, forced air, and natural gas
Appliances in place include a free‑standing range, dishwasher, and refrigerator

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Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 2 Active listings in Medical Lake, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 8 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.

Ranch Quadplex with Updated 2BR/1BA Units

12814 W 13th Ave, Airway Heights, WA 99001

$545,000

0.35 AC lot

Quadplex featuring two duplexes and updated 2-bedroom, 1-bath layouts with offsite parking and ductless/electric heating.

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Triplex on Corner Lot

323 5th St, Cheney, WA 99004

$410,000

3,008 sqft 0.17 AC lot

Fully occupied triplex zoned RMF with separately metered units, recent exterior updates, and off-street parking for each unit.

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Mobile Home, RV Park, Motel

12525 W Sunset Hwy, Airway Heights, WA 99001

Contact for pricing

2,400 sqft 4.17 AC lot

51-unit mobile home, RV park, and motel on 4.17 acres.

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Cheney Multifamily Property For Sale

113 N 9th St, Cheney, WA 99004

Contact for pricing

Multifamily property available for purchase in Cheney, Washington.

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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

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

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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.

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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.

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Off-Market Properties in Medical Lake, WA

Consider similar Off-Market properties in Medical Lake, 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.

APARTMENT HOUSE (5+ UNITS)

102 Walker St, Medical Lake, WA 99022

$530,000

Estimated value

1,335 sqft 0.40 AC lot

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MOBILE HOME PARK, TRAILER PARK

14915 Hwy 2nd Trlr, Medical Lake, WA 99022-9755

Unit 33

$285,000

Estimated value

320 sqft 7.77 AC lot

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APARTMENT HOUSE (5+ UNITS)

812 Brks Rd, Medical Lake, WA 99022

$190,000

Estimated value

932 sqft 0.19 AC lot

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Multifamily properties

304 Barker St, Medical Lake, WA 99022

Value Estimation by Request

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CAMPGROUND, RV PARK

12212 Clear Lk Rd, Medical Lake, WA 99022

$295,000

Estimated value

3,336 sqft 31.23 AC lot

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CAMPGROUND, RV PARK

Medical Lake, WA 99022

$330,000

Estimated value

3,000 sqft 40.00 AC lot

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CAMPGROUND, RV PARK

Medical Lake, WA 99022

$245,000

Estimated value

7.73 AC lot

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CAMPGROUND, RV PARK

Medical Lake, WA 99022

$275,000

Estimated value

528 sqft 6.13 AC lot

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Medical Lake, WA Multifamily Properties Market Trends and Statistics

Explore 10 multifamily properties for sale in Medical Lake, WA on our real estate platform. These investment opportunities span a total of 2,614 square feet of properties for sale, with an estimated market value of $950,000.

Sale prices for multifamily properties in Medical Lake, WA start at $385,000, averaging $475,000, and reaching up to $565,000 — 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
99022	$385K

Neighborhood

Average Price

99022

$385K

Medical Lake, WA Multifamily Properties for Sale

931-933 N Stanley St, Medical Lake, WA 99022

316 N Silver Lake Ave, Medical Lake, WA 99022