Multifamily

Medical Lake, WA Multifamily Properties for Sale

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Cheney, WA Four Lakes, WA Spokane, WA Airway Heights, WA Reardan, WA Edwall, WA Nine Mile Falls, WA Spangle, WA
Duplex with Three-Bedroom Units
Updated: May 8
Duplex with Three-Bedroom Units

316 N Silver Lake Ave, Medical Lake, WA 99022

$385,000
0.29 AC lot
Two‑unit duplex with 3‑bedroom, 1‑bath residences
Each unit offers approximately 1,120 square feet
Situated on a 0.29‑acre lot
Built in 1971 with siding and a composition roof
Appliances include a free‑standing range, dishwasher, and refrigerator
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Updated Two-Unit Duplex
Updated: Aug 17
Updated Two-Unit Duplex

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

$385,000
1,880 sqft
Two‑unit duplex with 1,880 square feet of building area
Each unit includes 2 bedrooms and 1 bathroom
Updated windows, fresh paint, and newer flooring
Remodeled kitchens with modern appliances
Spacious yard included with the property
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Updated Two-Unit Duplex
Updated Two-Unit Duplex

401 /403 N. Grant Ave, Medical Lake, WA 99022

$400,000

Each residence includes two bedrooms, one bathroom, and refreshed interior finishes.

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2-Unit Updated Duplex
2-Unit Updated Duplex

401/403 N. GRANT Ave, Medical Lake, WA 99022

$400,000

Both residences have refreshed interiors, including remodeled kitchens and newer windows.

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4 active listings match your search: Multifamily for sale in Medical Lake, WA. Based on your search, we've also compiled 13 Potential Opportunities for your consideration: 4 properties in nearby cities, 8 off-market properties to explore as potential leads, and 1 land listing with development potential.

Opportunities in Nearby Cities

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

Two-Story Duplex with Garages
Two-Story Duplex with Garages

1020 S Westcliff Pl, Spokane, WA 99224

$550,000
3,728 sqft

Both residences are occupied by long-term tenants.

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Three-Unit Triplex with Garage
Three-Unit Triplex with Garage

2718 5th, Spokane, WA 99202

$425,000
3,000 sqft

The upstairs residence is vacant, and each apartment has its own gas forced-air furnace.

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Lakeside RV Recreation Parcel
Lakeside RV Recreation Parcel

13901 S Clear Lake Rd Unit 306, Cheney, WA 99004

$120,000

Gated community parcel includes utility connections and access to shared waterfront amenities.

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Cheney Multifamily Property For Sale
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
Multi-Family Zoned Lot Near EWU

7 5th St, Cheney, WA 99004

$460,000
0.37 AC lot

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

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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.

102 Walker St
APARTMENT HOUSE (5+ UNITS)

102 Walker St, Medical Lake, WA 99022

Estimated value:
$530,000
1,335 sqft 0.40 AC lot
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14915 Hwy 2nd Trlr, Unit 33
MOBILE HOME PARK, TRAILER PARK

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

Unit 33
Estimated value:
$285,000
320 sqft 7.77 AC lot
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812 Brks Rd
APARTMENT HOUSE (5+ UNITS)

812 Brks Rd, Medical Lake, WA 99022

Estimated value:
$190,000
932 sqft 0.19 AC lot
View details
304 Barker St
Multifamily properties

304 Barker St, Medical Lake, WA 99022

Estimated value: by Request
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12212 Clear Lk Rd
CAMPGROUND, RV PARK

12212 Clear Lk Rd, Medical Lake, WA 99022

Estimated value:
$295,000
3,336 sqft 31.23 AC lot
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Medical Lake, WA 99022
CAMPGROUND, RV PARK

Medical Lake, WA 99022

Estimated value:
$330,000
3,000 sqft 40.00 AC lot
View details
Medical Lake, WA 99022
CAMPGROUND, RV PARK

Medical Lake, WA 99022

Estimated value:
$245,000
7.73 AC lot
View details
Medical Lake, WA 99022
CAMPGROUND, RV PARK

Medical Lake, WA 99022

Estimated value:
$275,000
528 sqft 6.13 AC lot
View details

Medical Lake, WA Multifamily Properties Market Trends and Statistics

Explore 12 multifamily properties for sale in Medical Lake, WA, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 1,880 square feet of properties for sale, with an estimated market value of $1,570,000.

Sale prices for multifamily properties in Medical Lake, WA start at $385,000, averaging $392,500, and reaching up to $400,000 — 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

Duplexes 6

Demographics Overview

Population 9,398
Population Growth (5Y) +10.7%
Median Household Income $90,814
College Educated 38.9%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
99022 $391K

Taxes & Financing

Tax Rate (average for all types) 0.55%
Property Tax per SF $10.31 per SF
Tax Rate vs County Average 0.31 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)

Average Property Price per SF

For-sale Residential Income pricing trends in Spokane County

Residential Income

Property Size Breakdown

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

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