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1st image of 205 S Elizabeth Rd, Spokane Valley, WA 99212 | MLS# 202617225
2nd image of 205 S Elizabeth Rd, Spokane Valley, WA 99212 | MLS# 202617225
3rd image of 205 S Elizabeth Rd, Spokane Valley, WA 99212 | MLS# 202617225
4th image of 205 S Elizabeth Rd, Spokane Valley, WA 99212 | MLS# 202617225
5th image of 205 S Elizabeth Rd, Spokane Valley, WA 99212 | MLS# 202617225
28+
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$590,000

  • Beds Icon3 Beds
  • Beds Icon
    2 Baths
  • Beds Icon2,496sqft

205 S Elizabeth Rd, Spokane Valley, WA 99212

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  • Multi Family

  • Built in 1951

  • $-- HOA

  • 7,620 sqft lot

  • $236/sq.ft

Description

Well-maintained 5-unit investment opportunity in Spokane Valley featuring four 1 bed / 1 bath units and one 2 bed / 1 bath unit with in-unit laundry. The remaining units are supported by a convenient on-site coin-operated laundry, providing additional income potential. Units have been updated over the years, and major capital expenditures have already been addressed, roof, siding, and windows—offering a more predictable, low-maintenance investment profile. Financially, the property has demonstrated consistent performance with ~$52,900 in trailing 12-month gross income. Current rents range from approximately $795 to $1,095, with additional income from utilities and laundry...

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  • Houzeo last checked: 59 minutes ago
  • Listing updated: July 31, 2026 at 7:22 am
  • Listing Provided by: Jeff Hornberger | The Hornberger Group, LLC (509) 994-5007
  • Source: Spokane MLS-WA | MLS#: 202617225 Spokane MLS-WA

Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    1

  • County

    Spokane County

  • City

    Spokane Valley

  • Neighborhood

    --

  • Year Built

    1951

  • HOA Fees

    -

  • Finished Area

    2,496 sqft

  • Lot Size

    7,620 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    Spokane MLS

  • MLS Number

    202617225

  • MLS Status

    Active

  • Days on Market

    80

Data provided by Redfin

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