101 W 4th Ave
Metaline Falls, WA 99153
- – beds
- – baths
- – sqft
- 13,939 sqft lot
- 1953 build
- – on site
Your rare opportunity to own a 57 unit, five story apartment building! Property has 29 one bedroom, 18 studio and 10 two bedroom units, all with single bathrooms, and full basement with community laundry, bathrooms, and rec area. All floors accessible by elevator, and each unit has the opportunity to be individually metered. Each room is serviced by electric heat, and newer vinyl thermo pane windows have been installed throughout the building. The units are very spacious, clean and well maintained. The building is a concrete and brick structure that was originally started in 1929 as two levels, and the additional top 3 levels were added in the early 1950's. Property currently has over a 7.3% cap rate, with a projected 8%+ cap rate in 2024! The building is serviced by the local PUD utility.
Last checked:
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Last updated Nov 8, 2024
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MLS# 202416427 —
The Building
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Year Built:1953
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Roof:Flat
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Architectural Style:Other
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Construction Materials:Brick
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Structure Type:See Remarks
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Basement:Finished, Rec/Family Area, See Remarks
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# of Units Total:57
Financial & Terms
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Listing Terms:Cash, Exchange
The Property
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Property Type:Residential Income
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Property Subtype:Rental
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Road Frontage Type:City Street, Paved Road
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Lot Features:Level, Corner Lot, Irregular Lot
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Lot Size SqFt:13,939 Sqft
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Lot Size Acres:0.32
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View:City
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Parcel Number:433921510002
Listing Agent
- Contact info:
- Agent phone:
- (509) 690-4389
- Office phone:
- (509) 684-2121
Heating & Cooling
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Heating:Electric
Schools
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Elementary School District:Selkirk
The Community
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Association Amenities:Laundry, See Remarks
Parking
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Parking Features:Off Site
The information being provided by Spokane Association of REALTORS is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified.
©2024 Spokane Association of REALTORS All rights reserved.
Based on information submitted to the 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.
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
7/9/24
Jul 9, 2024
|
Price Changed | SARMLS | $3,200,000 | -13.5% |
|
5/16/24
May 16, 2024
|
Listed / Active | SARMLS | $3,700,000 |
