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Property profile & analytics
OFF-MARKET
Estimated value
$645,000
Apartment buildings
165 8th Ave Kettle Falls, WA 99141-6010
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US90-1974375
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1979
Total area
5,376 SF
Lot
0.46 ac (20,038 SF)
APN
349100
UPID
US90-1974375
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$535k
CAP Approach
CAP
$825k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$645k
Owner & transaction history
Kettle Falls 8 LLC · 2 yrs held
Kettle Falls 8 LLC
since 2023
Last sale
$644,995
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$800,000
+237.7%
Office building
$750,000
+218.1%
Restaurant
$605,000
+156.2%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Kettle Falls submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kettle Falls submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$585,000
ML approach
$535,000
CAP Approach
CAP Return
Estimation
6%
$890,000
6.5%
$825,000
7%
$765,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$800,000
Change: +238% · Conversion: Difficult
OFFICE BUILDING
$750,000
Change: +218% · Conversion: Moderate
RESTAURANT
$605,000
Change: +156% · Conversion: Difficult
RETAIL STORES
$570,000
Change: +141% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$500,000
Change: +111% · Conversion: Difficult
COMMERCIAL (GENERAL)
$460,000
Change: +94% · Conversion: Moderate
Blend value · Realmo final
$645k
Range $581k – $710k · ±10% · vs last sale $645k (Aug 22 2023)
Last sale anchor
$645k
Aug 22 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$120 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$4,171
Tax year 2023
Assessed value
$511,578
Assessed 2023
Previous assessed
$535,654
-4.5% YoY
Effective rate
0.82%
On assessed value
Assessed land
$30,057
Assessed improvement
$481,521
Land market value
$30,057
Improvement market value
$481,521
Total market value
$511,578
Applied tax rate
29.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1979
Heating
BASEBOARD
Total area
5,376 SF
Lot
0.46 ac (20,038 SF)
APN
349100
UPID
US90-1974375
Jurisdiction
STEVENS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$800,000
OFFICE BUILDING
Est. value
$750,000
RESTAURANT
Est. value
$605,000
RETAIL STORES
Est. value
$570,000
INDUSTRIAL (GENERAL)
Est. value
$500,000
COMMERCIAL (GENERAL)
Est. value
$460,000
AUTO REPAIR, GARAGE
OFFICE BUILDING
RESTAURANT
RETAIL STORES
INDUSTRIAL (GENERAL)
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1979
Heating
BASEBOARD
Lot
0.46 ac
Current owner
From public records · entity-resolved
Kettle Falls 8 LLC
Entity
Mailing address
1818 W FRANCIS AVE #104, SPOKANE, WA 99205-6834
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 19, 2025
—
Kettle Falls 8 LLC
—
Deed
related
$400,000 · Five Star Bank
Aug 22, 2023
$644,995
Kettle Falls 8 LLC
Inw Holdings LLC
Warranty Deed
$483,750 · Homeexpress Mortgage
Jan 28, 2022
—
Inw Holdings LLC
—
Deed
related
$356,250 · Numerica Cu
Dec 29, 2021
$475,000
Inw Holdings LLC
Courtney D Nelson
Warranty Deed
$360,703 · Tenet Fixed Income Fund LLC
Nov 10, 2010
$230,000
Courtney D Nelson
Fuhrman,susan
Warranty Deed
—
Nov 10, 2010
$229,673
Courtney D Nelson
Fuhrman,stephen R
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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