3905 S Dishman Mica Rd
Spokane Valley WA 99206

The Marx Apartments

3905 S Dishman Mica Rd Spokane Valley WA 99206

Listing #: 710053 | Status: Pending | Last Modified: 4/7/2026 |

For Sale
Ryan Towner
  • Phone:(509) 315-8714
  • Email:ryan@ltrealestateco.com
  • Office Name:LT Real Estate
  • Office Phone:(509) 315-8720
  • Office Website:
Dallas Lightner
Showing Instructions
  • Call Listing AgentNo
  • Use DiscretionNo
Price Information
  • Listing Price$ 7,500,000.0
  • $/SF$ 243.1
  • $/Unit$ 7,500,000.0
  • Listing StatusPending
  • Days on Market48
  • Asset ClassMulti-Family
  • Terms
Investment Information
  • Investment Type
  • Investment PropYes
  • Gross Income0
  • Vacancy Factor %0.00%
  • Operating Expenses0
  • Net Operating Income0
  • CAP Rate 5.74 %
Detail Listing Information
  • Min Total SF0
  • Max Total SF0
  • Lease Rate Low$ 00.0
  • Lease Rate High$ 00.0
  • Heat Source
  • Total Units
Utilities
  • Water
  • Electricity
  • Storm Sewer
Retail Information
  • SignageSignage on Building and Freestanding
  • Anchor
Associated Files
Building Information
  • Building StatusExisting
  • # of Buildings1
  • # of Floors4
  • # of Units32
  • # of Elevators
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Total Building SF30848
  • Net Rentable Area30848
  • Total Office SF
  • Largest Contiguous SF
  • Lot SF53957
  • Acres1.24
Property Type
  • Property TypeMulti-Family
  • Office Type
  • Building Class
Location
  • CountySpokane
  • Vicinity
  • Location Description
  • Second Address
  • Cross StreetE 40th Ave
  • Market AreaSpokane Valley
  • Tax ID #45332.9174
  • Additional Parcels
  • ZoningR-2
Construction
  • Year Built2022
  • Year Renovated
  • Completion Date
  • Roof Type
  • Construction Type

The Marx

Public Comments

Marx Apartments is a new construction 32-unit multifamily property located in Spokane Valley. The property consists of 16 one-bedroom/one-bath units and 16 two-bedroom/one-bath units, generating approximately $45,583 in monthly rental income. Units feature modern finishes including LVP flooring, quartz countertops, stainless steel appliances, in-unit washers and dryers, walk-in closets, and private balconies, with carport parking available for residents. Conveniently located near Spokane Valley shopping and restaurants, Interstate 90, and University High School, the property benefits from strong rental demand and excellent accessibility. Property Highlights - 32 Units Total – 16 1BD/1BA & 16 2BD/1BA - $45,583 Monthly Rental Income - Modern Finishes – LVP Flooring, Quartz Countertops & St

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