11802 E Main Ave
Spokane Valley WA 99206

11802 E Main Avenue

11802 E Main Ave Spokane Valley WA 99206

Listing #: 711280 | Status: Available | Last Modified: 4/16/2026 |

For Sale
Scott Brewer
  • Phone:(509) 385-1662
  • Email:scottbrewer@kw.com
  • Office Name:Keller Williams Realty
  • Office Phone:(509) 458-4000
  • Office Website:
Eric Peterson
Showing Instructions
  • Call Listing AgentNo
  • Use DiscretionNo
Price Information
  • Listing Price$ 10,850,000.0
  • $/SF$ 280.4
  • $/Unit$ 10,850,000.0
  • Listing StatusAvailable
  • Days on Market24
  • Asset ClassMulti-Family
  • Terms
Investment Information
  • Investment Type
  • Investment PropYes
  • Gross Income915,720
  • Vacancy Factor %0.00%
  • Operating Expenses289,368
  • Net Operating Income626,352
  • CAP Rate 5.77 %
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
Financial Summary
  • CAP Rate 5.77 %
Associated Files
Building Information
  • Building StatusUnder Construction
  • # of Buildings1
  • # of Floors3
  • # of Units42
  • # of Elevators0
  • A/CYes
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Total Building SF1994
  • Net Rentable Area38700
  • Total Office SF
  • Largest Contiguous SF
  • Lot SF41295
  • Acres0.95
Property Type
  • Property TypeMulti-Family
  • Office Type
  • Building Class
Location
  • CountySpokane
  • Vicinity
  • Location Description
  • Second Address
  • Cross StreetPines Rd
  • Market AreaSpokane Valley
  • Tax ID #45164.0585
  • Additional Parcels
  • ZoningCorridor Mixed Use
Construction
  • Year Built2026
  • Year Renovated
  • Completion Date
  • Roof Type
  • SprinklersYes
  • Construction Type

Mason Apartments

Public Comments

New Construction "42 Unit Mason Apartment Complex" nearly an Acre site! There are 36 - 2 Bedroom/2 Bathroom Units and 6 - 1 Bedroom/1 Bathroom Units. Each Unit to be Well Appointed to include Hard Surface Countertops and Laminate Floor Throughout. 85 Parking Spots (with 12 EV Stalls). All Units have washer/dryers and private patios or decks. The Ceilings are 10' and Primary bedrooms have walk-in closets. All Units have mini-splits or PTAC units for heating/cooling. Security Gate is Roughed-in for Parking Lot - Asphalt is starting soon! Rent Study - 1 Bed/1 Bath Units (6 total) at $1,350.00 each and 2 Bed/2 Bath (36 total) at $1,825.00 each for a monthly estimate of $73,800. Approx Completion Date is July 2026. Total Income - $915,720. Total Annual Expenses - $289,367. NOI - 626

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