1 month on rocket

701 S Felts Rd, Spokane, WA, 99206

$2,595,000

0 Baths
10,185 SqFt
$255/SqFt
Multi

Location

Image provided by Mapbox

Property Highlights

Home TypeMulti Family
ParkingAttached, Garage Door Opener, Off Site
Attached Garage10 spaces
Year Built2023
HeatingGas, Forced Air
CoolingCentral Air
BasementYes
MLS #202424671
Lot Size0.66 Acres
StatusActive

About 701 S Felts Rd

BRAND NEW 7-unit multifamily property in a quiet Spokane Valley neighborhood! One 4-plex and a triplex make up the seven units, with each unit offering 3 bedrooms, 2.5 baths, and 1455 s.f. of living space. The modern design features many upgrades including stainless appliance package, durable LVP flooring, and granite counters throughout. One unit is fully furnished and grossing $3300/mo as an Airbnb. Each unit has a 1-car garage, and there are three additional detached garages for extra income potential.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 2023
  • Stories: 2
  • Living Area: 10,185 SqFt

Listing Office:

  • Office Name: Keller Williams Realty Coeur d
  • Office Phone: (208) 667-2399
  • Listing Agent: Seth Maefsky

Interior Features

Interior Information:

  • Appliances: Range, Dishwasher, Refrigerator, Disposal, Microwave, Washer, Dryer
  • Basement: Yes
  • Interior: Windows Vinyl

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Patio, None

Parking Information:

  • Garage Space: 10 spaces
  • Attached Garage: Yes
  • Parking: Attached, Garage Door Opener, Off Site

Lot Features

Lot Information:

  • Lot: Fencing, Sprinklers, Level
  • Lot Size: 0.66 Acres

Utilities

Utilities Information:

  • Heating: Gas, Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From I-90 go south on Argonne Rd, left on 8th Ave, left on Felts. Property is on the right, there is no sign.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,595,000
  • Price Per SqFt: $255/SqFt
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Housing Market Comparison

See how this home compares to others in Spokane Valley, WA.

Med. Sold Price

$422.8K

Med. Price/SqFt

$209

Avg. Days On Market

34

# of Sold Homes

61

701 S Felts Rd vs Spokane Valley

56 DAYS ON ROCKET

+22 Days

$2,595,000

+$2.1M More

$255/SqFt

+$46 More

KEY TAKEAWAY

This property is $2.1M more than the Median Sold Price and $46/SqFt more than other homes in Spokane Valley, WA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SARMLS
  • MLS Number: #202424671

Listing Office:

  • Office Name: Keller Williams Realty Coeur d
  • Office Phone: (208) 667-2399
  • Listing Agent: Seth Maefsky

IDX Listings courtesy of Spokane Association of REALTORS® MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Broker Reciprocity The data relating to real estate for sale on this web site comes in part from the Spokane Association of REALTORS®. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the SARMLS. Real estate listings held by other brokerage firms are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Copyright 2024 Spokane Association of REALTORS® MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 1:56:01 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$13K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,846

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4398064
5
/10
  • Universtiy Elementary School

  • 1613 S University Rd

  • 0.66 miles

  • Public District Grades KG-5

school-card-donut-4398065
5
/10
  • Opportunity Elementary School

  • 1109 S Wilbur Rd

  • 0.93 miles

  • Public District Grades KG-5

school-card-donut-4398066
5
/10
  • Broadway Elementary School

  • 11016 E Broadway Ave

  • 1.00 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,634. Residents of Spokane Valley, WA typically earn less than $35k each year. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

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Rocket HomesWashingtonSpokane CountySpokane Valley99206701 S Felts Rd

This home is located at 701 S Felts Rd in Spokane, WA and zip code 99206. This 10,185 square foot home, which was built in 2023, sits on a 0.66 acre lot. It has been listed on Rocket Homes since October 22, 2024 and is currently priced at $2,595,000.

In November 2024 more than 15 listings in Spokane Valley, WA were sold above the asking price. During the same period more than 20 listings were sold at asking price, while more than 25 were sold below. In November 2024 in Spokane Valley, WA there were 10.2% less homes for sale than in October 2024. Listings spent 34 days on the market in November 2024, and had a median list price of $422,850 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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