201-312 S Woodlawn Ln Spokane Valley, WA 99216
Opportunity NeighborhoodEstimated payment $27,181/month
Highlights
- Territorial View
- Forced Air Heating and Cooling System
- Lap Siding
- No HOA
- Level Lot
About This Home
Incredible investment opportunity in Spokane Valley! This portfolio includes seven modern duplexes and one single-family home, all newly built in 2023 with high-end finishes and strong rental appeal. Each duplex offers two mirror-image units with 3 beds, 2.5 baths, 1,455 sq ft per side, open-concept living, LVP flooring, and stainless steel appliances. The single-family home mirrors the interior design with 3 beds, 2.5 baths, and 1,766 sq ft. Located in a quiet neighborhood near schools, parks, and freeway access. Tenants enjoy stylish, low-maintenance living, while investors benefit from new construction and consistent income potential. This 15-door package offers a rare chance to secure high-quality, low-maintenance assets in a growing area.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,088
Year Built
- Built in 2023
Lot Details
- 5,227 Sq Ft Lot
- Level Lot
Home Design
- Duplex
- Concrete Foundation
- Slab Foundation
- Frame Construction
- Shingle Roof
- Composition Roof
- Lap Siding
Interior Spaces
- 2,910 Sq Ft Home
- Multi-Level Property
- Territorial Views
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Listing and Financial Details
- Assessor Parcel Number 45222.4310
Community Details
Overview
- No Home Owners Association
- 15 Units
Building Details
- Gross Income $3,408,000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2025 | $6,325 | $541,600 | $90,000 | $451,600 |
2024 | $6,325 | $590,400 | $85,000 | $505,400 |
2023 | $5,413 | $632,500 | $85,000 | $547,500 |
2022 | $4,493 | $568,600 | $80,000 | $488,600 |
2021 | $709 | $55,000 | $55,000 | $0 |
2020 | $202 | $15,690 | $15,690 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/05/2025 08/05/25 | For Sale | $4,905,000 | -- | $1,686 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Quit Claim Deed | $783,360 | Ticor Title Company | |
Warranty Deed | $253,325 | First American Title Ins Co |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $816,000 | Commercial |
Source: Coeur d'Alene Multiple Listing Service
MLS Number: 25-8108

APN: 45222.4310
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