Residential Income

Airway Heights, WA Residential Income Properties for Sale

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Spokane, WA Medical Lake, WA Cheney, WA Reardan, WA Nine Mile Falls, WA
Four-Unit Multifamily Property
Updated: Jul 21
Four-Unit Multifamily Property

12814 W 13th Ave, Airway Heights, WA 99001

$545,000
0.35 AC lot
Four residential units configured as two duplex buildings
Each unit has 2 bedrooms and 1 bath
Recently remodeled units on a 0.35‑acre lot
1985 construction with ranch‑style architecture
Hot water, electric, and ductless heating systems
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Mobile Home, RV Park, Motel
Updated: Mar 26
Mobile Home, RV Park, Motel

12525 Sunset, Airway Heights, WA 99001

$3,699,000
2,400 sqft 4.17 AC lot
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.
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
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.

Historic Triplex with Balcony
Historic Triplex with Balcony

2217 W 5th Ave, Spokane, WA 99224

$470,000
2,098 sqft 0.15 AC lot

Renovated three-unit property with off-street parking, basement laundry, and a vacant unit for owner occupancy.

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Medical Lake Duplex Investment Opportunity
Medical Lake Duplex Investment Opportunity

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

$565,000
2,614 sqft

Fully rented duplex near Fairchild AFB with income potential.

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Two-Unit Duplex with Parking
Two-Unit Duplex with Parking

3103 W 13th Ct, Spokane, WA 99224

$335,000
1,152 sqft

Each residence is configured with one bedroom and one bathroom.

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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.

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
Buildable Lot Backing Landreth Park

13622 W 8th Ct, Airway Heights, WA 99001

$90,000
0.17 AC lot

Vacant lot in Airway Heights backing directly to Landreth Park.

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Medical Lake Acreage with Views
Medical Lake Acreage with Views

1117 S Dover Rd, Medical Lake, WA 99022

$105,000
10.04 AC lot

10.04 acres near Fairchild AFB with territorial views.

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Medical Lake Acreage with Power
Medical Lake Acreage with Power

1115 S Dover Rd, Medical Lake, WA 99022

$110,000
10.00 AC lot

10-acre parcel near Fairchild AFB with owner financing.

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Spokane Land For Sale
Spokane Land For Sale

W 28th Ave, Spokane, WA 99224

$54,000
0.12 AC lot

Residential land suitable for building a custom home or duplex.

View details

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

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

Estimated value:
$105,000
720 sqft 0.43 AC lot
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12823 13th Ave
MOBILE HOME PARK, TRAILER PARK

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

Estimated value:
$280,000
704 sqft 1.03 AC lot
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1701 Lawson St
MOBILE HOME PARK, TRAILER PARK

1701 Lawson St, Airway Heights, WA 99001-5816

Estimated value:
$420,000
2,916 sqft 7.53 AC lot
View details
2011 Craig Rd
MOBILE HOME PARK, TRAILER PARK

2011 Craig Rd, Airway Heights, WA 99001-9757

Estimated value:
$560,000
1,808 sqft 9.32 AC lot
View details
10913 6th Ave
APARTMENT HOUSE (5+ UNITS)

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

Estimated value:
$520,000
648 sqft 113.00 AC lot
View details
12411 9Th Ave
Multifamily properties

12411 9Th Ave, Airway Heights, WA 99001

Estimated value:
by Request
1,454 sqft
View details
13315 1st Ave
APARTMENT HOUSE (5+ UNITS)

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

Estimated value:
$215,000
0.58 AC lot
View details
Airway Heights, WA 99001
APARTMENT HOUSE (5+ UNITS)

Airway Heights, WA 99001

Estimated value:
$260,000
2.33 AC lot
View details
Airway Heights, WA 99001
APARTMENT HOUSE (5+ UNITS)

Airway Heights, WA 99001

Estimated value:
$260,000
2.34 AC lot
View details

Airway Heights, WA Residential Income Properties Market Trends and Statistics

Explore 11 residential income properties for sale in Airway Heights, WA on our real estate platform. These investment opportunities span a total of 2,400 square feet of properties for sale, with an estimated market value of $4,244,000.

Sale prices for residential income properties in Airway Heights, WA start at $545,000, averaging $2,122,000, and reaching up to $3,699,000 — 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

Multifamily properties 3
Mobile home & RV parks 2
Duplexes 1

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 $2.6M

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)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Spokane County

Office

Residential Income

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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