Airway Heights, WA
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    Airway Heights, WA Residential Income Properties for Sale

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    Spokane, WA Medical Lake, WA Cheney, WA
    51-Unit Mobile Home & RV Park
    $3,799,900
    2,400 SF
    51-Unit Mobile Home & RV Park

    12525 W Sunset Hwy, Airway Heights, WA 99001

    51-unit mobile home, RV park, and motel on 4.17 acres.
    • High Cap Rate: Enjoy a 12.07% cap rate with substantial proforma gross and net income for 2024.
    • Diverse Income Streams: Property features a combination of mobile home, RV park, and motel units.
    • Redevelopment Potential: Zoned Commercial C1‑A, allowing for retail, office, motel, automotive center, and restaurants.
    • Sizeable Property: Situated on 4.17 acres with 51 units, warehouse, and used car lot.
    • Strategic Location: Close to Fairchild Air Force Base, Spokane International Airport, and new Amazon facility.
    Updated: Jul 11, 2023
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    Mobile Home, RV Park, Motel
    $3,699,000
    2,400 SF
    Mobile Home, RV Park, Motel

    12525 W Sunset Hwy, Airway Heights, WA 99001

    51-unit mobile home, RV park, and motel on 4.17 acres.
    • 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.
    Updated: Jul 8, 2023
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    Based on your search, we've compiled 19 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 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.

    Medical Lake Duplex Investment Opportunity
    $385,000
    2,240 SF
    Medical Lake Duplex Investment Opportunity

    Well-positioned duplex in Medical Lake with consistent rental demand.

    316 N Silver Lake Ave, Medical Lake, WA 99022

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    Conditionally Approved Short Plat Land
    $850,000
    10.34 Acres
    Conditionally Approved Short Plat Land

    Development-ready parcel with a conditionally approved short plat and an existing updated ranch home.

    5704 W Garden Springs Rd, Spokane, WA 99224

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    Spokane Duplex: Investment Opportunity
    $335,000
    1,152 SF
    Spokane Duplex: Investment Opportunity

    Well-located duplex near Spokane offers excellent investment potential.

    3103 W 13TH Ct, Spokane, WA 99224

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    Medical Lake Duplex Investment Opportunity
    $565,000
    2,614 SF
    Medical Lake Duplex Investment Opportunity

    Fully rented duplex near Fairchild AFB with income potential.

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

    View details

    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.

    Buildable Lot Backing Landreth Park
    $90,000
    0.17 Acres
    Buildable Lot Backing Landreth Park

    Vacant lot in Airway Heights backing directly to Landreth Park.

    13622 W 8th Ct, Airway Heights, WA 99001

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    Spokane Industrial Land Investment Opportunity
    $300,000
    32,582 SF
    Spokane Industrial Land Investment Opportunity

    Industrial land for sale, rezoning potential, utilities included.

    Lot 4th Lot 4th Road, Spokane, WA 99224

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    Medical Lake Acreage with Views
    $115,000
    10.04 Acres
    Medical Lake Acreage with Views

    10.04 acres near Fairchild AFB with territorial views.

    1117 S Dover Rd, Medical Lake, WA 99022

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    Medical Lake Acreage with Power
    $120,000
    10.00 Acres
    Medical Lake Acreage with Power

    10-acre parcel near Fairchild AFB with owner financing.

    1115 S Dover Rd, Medical Lake, WA 99022

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    Off-Market Properties in Airway Heights, WA

    Consider similar Off-Market properties in Airway Heights, 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.

    12618 15th Ave
    MOBILE HOME PARK, TRAILER PARK
    720 SF Lot: 0.43 Acres
    Value Estimation by Request

    12618 15th Ave, Airway Heights, WA 99001-5804

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    12823 13th Ave
    MOBILE HOME PARK, TRAILER PARK
    704 SF Lot: 1.03 Acres
    Value Estimation by Request

    12823 13th Ave, Airway Heights, WA 99001-6000

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    1701 Lawson St
    MOBILE HOME PARK, TRAILER PARK
    2,916 SF Lot: 7.53 Acres
    Value Estimation by Request

    1701 Lawson St, Airway Heights, WA 99001-5816

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    2011 Craig Rd
    MOBILE HOME PARK, TRAILER PARK
    1,808 SF Lot: 9.32 Acres
    Estimated value
    $560,000

    2011 Craig Rd, Airway Heights, WA 99001-9757

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    10913 6th Ave
    APARTMENT HOUSE (5+ UNITS)
    648 SF Lot: 113.00 Acres
    Estimated value
    $520,000

    10913 6th Ave, Airway Heights, WA 99001-5105

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    12411 9Th Ave
    Multifamily properties
    1,454 SF
    Value Estimation by Request

    12411 9Th Ave, Airway Heights, WA 99001

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    13315 1st Ave
    APARTMENT HOUSE (5+ UNITS)
    Lot: 0.58 Acres
    Value Estimation by Request

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

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    Airway Heights, WA 99001
    APARTMENT HOUSE (5+ UNITS)
    Lot: 2.33 Acres
    Value Estimation by Request

    Airway Heights, WA 99001

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    Airway Heights, WA 99001
    APARTMENT HOUSE (5+ UNITS)
    Lot: 2.34 Acres
    Value Estimation by Request

    Airway Heights, WA 99001

    View details

    Airway Heights, WA Residential Income Properties Investment Opportunities Market Analysis

    Explore 11 residential income properties for sale in Airway Heights, WA on our real estate platform. These investment opportunities span a total of 4,800 square feet of properties for sale, with an estimated market value of $7,498,900.

    Sale prices for residential income properties in Airway Heights, WA start at $3,699,000, averaging $3,749,450, and reaching up to $3,799,900 — 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

    Mobile home & RV parks 2
    Multifamily properties 2

    Demographics Overview

    Population 8,931
    Population Growth (5Y) +31.4%
    Median Household Income $60,182
    College Educated 24.7%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    99001 $3.7M

    Taxes & Financing

    Tax Rate (average for all types) 0.75%
    Property Tax per SF $16.16 per SF
    Tax Rate vs County Average 0.11 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)

    Property Size Breakdown

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

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