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17121 Boone Ave Spokane Valley, WA 99016

  • Apartment buildings
  • 3,016 SF
Value Estimation
Location Intelligence

Current Use by Public Records

  • Apartment buildings

Property Details for 17121 Boone Ave

Year built
2022
Property size
3,016 SF
Property type
Apartment buildings

Description

This exceptional 2-unit apartment building, constructed in 2022, presents a compelling investment opportunity in the desirable Spokane Valley, WA. Located at 17121 E Boone Ave, 99016, this property boasts a total of 3,016 square feet and offers a strong 4.78% capitalization rate with a Net Operating Income (NOI) of $36,594. Each unit is a beautifully appointed townhome-style residence featuring attached two-car garages, adding significant value and appeal to potential tenants. Modern finishes throughout include Huntwood cabinets and luxury vinyl plank (LVP) flooring, creating a sophisticated and desirable living space. The kitchens are equipped with stainless steel appliances, and each unit includes a washer and dryer for added convenience. A spacious primary suite in each unit provides a private retreat, complete with a walk-in closet and private bathroom. This property is ideally suited for investors seeking a high-return, low-maintenance investment in a thriving Spokane Valley location. The asking price is $765,000. This turnkey investment is ready for immediate income generation. Don't miss this chance to add a high-performing asset to your portfolio.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Spokane Valley
County
Spokane
State
Washington
Longitude
-117.174
Latitude
47.6682
More about this property
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