Residential Income

Ritzville, WA Residential Income Properties for Sale

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Updated Multifamily Apartment Building
Updated: Aug 18
Updated Multifamily Apartment Building

407 1st Ave, Ritzville, WA 99169

$479,000
8 studio apartments, 1 one‑bedroom unit, and 2 two‑bedroom units
New roof installed in 2025
Studios include private bathrooms, hot plates, microwaves, and compact refrigerators
One- and two‑bedroom units have full kitchens
Coin‑operated laundry facility on site
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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 7 Potential Opportunities for your consideration. Besides 1 Active listings in Ritzville, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 1 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.

8-Unit Two-Bedroom Apartment Complex
8-Unit Two-Bedroom Apartment Complex

906 Ross St, Davenport, WA 99122

$1,600,000
7,200 sqft

8-unit multifamily property with updated in-unit finishes and mini-split heating/cooling for two-bedroom, two-bath living.

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Two-Unit Duplex with Fenced Yard
Two-Unit Duplex with Fenced Yard

104 N Almira, Connell, WA 99326

$175,000
1,418 sqft

Fully leased duplex with separate two- and three-bedroom residences, month-to-month tenancy, and off-street parking.

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Duplex with Fenced Backyard
Duplex with Fenced Backyard

104 N Almira Ave, Connell, WA

$175,000
1,418 sqft

Two residential units include one updated interior and current month-to-month occupancy.

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Corner RV Park and Motel Site
Corner RV Park and Motel Site

30 Logan Street, Davenport, WA 99122

Contact for pricing
0.74 AC lot

Parcel on a corner of US-2 and WA-25 with six RV spots and an old motel building.

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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.

Rolling Hills Farmland
Rolling Hills Farmland

N Coal Springs Rd, Davenport, WA 99122

$300,000
208.00 AC lot

Two agricultural parcels offered together, with power running along the nearby road.

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Off-Market Properties in Ritzville, WA

Consider similar Off-Market properties in Ritzville, 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.

Ritzville, WA 99169
BOARDING/ROOMING HOUSE

Ritzville, WA 99169

$250,000
Estimated value
2,600 sqft 0.11 AC lot
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Ritzville, WA Residential Income Properties Market Trends and Statistics

Explore 2 residential income properties for sale in Ritzville, WA on our real estate platform.

Sale prices for residential income properties in Ritzville, WA average $479,000 — 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

Apartment buildings 1
Multifamily properties 1

Demographics Overview

Population 2,637
Population Growth (5Y) +8.6%
Median Household Income $66,161
College Educated 29.0%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
99169 $479K

Taxes & Financing

Tax Rate (average for all types) 1.16%
Property Tax per SF $12.17 per SF
Tax Rate vs County Average 0.11 pp above county avg
Average Loan-to-Value 65.0%

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