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Medical Lake, WA Multifamily Homes & Duplexes for Sale

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  • /25

    $475,000

    • 6 Beds
    • 2 Baths
    • 2,288 Sq Ft

    324 N Silver Lake Ave, Medical Lake, WA 99022

    ncredible investment opportunity with a ton of upside!! Located less then a minute from Silver Lake with beautiful territorial views, this extremely well cared for duplex would be a fantastic addition to your portfolio or a great option for an owner occupied living set up. Live in one unit while your tenant helps pay some of the mortgage! Each unit is 3 bed 1 bath with a very functional layout.

    Kolby Schoenrock Windermere City Group

    324 N Silver Lake Ave, Medical Lake, WA 99022
  • /50

    $514,900

    • 5 Beds
    • 3 Baths

    802 E Collin Ave, Medical Lake, WA 99022

    Welcome to this stunning 5-bedroom, 3-bath, 4-level home offering over 2,300 sq ft of well-designed living space. The heart of the home is the chef’s kitchen featuring granite countertops, stainless steel appliances, and ample cabinetry – perfect for entertaining or preparing gourmet meals. Enjoy the oversized primary suite with its own gas fireplace, generous walk-in closet, and spa-like

    Katie Reoch Heritage Realty

    802 E Collin Ave, Medical Lake, WA 99022

Why Live in Medical Lake

Medical Lake, WA, is a semirural, suburban community located west of Spokane, known for its scenic lakeside views and slower pace of life. Founded as a resort town in the late 19th century, the area saw a surge in residential development with the construction of Fairchild Air Force Base in 1942. Housing styles in Medical Lake range from midcentury ranch-style homes to modern subdivisions and luxury waterfront properties, often featuring larger yards or acreage. Residents enjoy recreational activities centered around the local lakes, with popular spots like Waterfront Park offering picnic areas, a playground, a swimming beach, and a boat launch. The 3-mile Medical Lake Trail connects various parks along the lake's west side. Medical Lake's public schools, including Anderson Elementary School, Medical Lake Middle School, and Medical Lake High School, are highly rated. Lefevre Street serves as the main retail hub, with a supermarket, restaurants, and smaller shops, while additional shopping options are available in Airway Heights, 8 miles away. Community events such as Founder's Day, Fall Festival, and the Medical Lake Farmers Market foster a strong sense of local engagement. State Route 902 provides easy access to Spokane, 15 miles away, and Spokane International Airport, less than 12 miles away. The area has a low crime risk compared to the national average, but residents should be aware of wildfire risks, highlighted by the 2023 Gray Fire.

Home Trends in Medical Lake, WA

Housing Trends

Median Sale Price
$400,000
Median Single Family Sale Price
$488,500
Average Price Per Sq Ft
$228
Number of Homes for Sale
4
Last 12 months Home Sales
22
Months of Supply
2.20
Median List Price
$475,000
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
10%
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