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11802 E Main Avenue
11802 E Main Ave Spokane Valley WA 99206
Listing #: 711280 | Status: Available | Last Modified: 4/16/2026
| Showing Instructions | |
|---|---|
| Call Listing Agent | No |
| Use Discretion | No |
| Investment Information | |
|---|---|
| Investment Prop | Yes |
| Gross Income | 915,720 |
| Vacancy Factor % | 0.00% |
| Operating Expenses | 289,368 |
| Net Operating Income | 626,352 |
| CAP Rate | 5.77 % |
| Detail Listing Information | |
|---|---|
| Min Total SF | 0 SF |
| Max Total SF | 0 SF |
| Lease Rate Low | $ 0.00 |
| Lease Rate High | $ 0.00 |
| Retail Information | |
|---|---|
| Signage | Signage on Building and Freestanding |
| Financial Summary | |
|---|---|
| CAP Rate | 5.773 |
| Building Information | |
|---|---|
| Building Status | Under Construction |
| # of Buildings | 1 |
| # of Floors | 3 |
| # of Units | 42 |
| # of Elevators | 0 |
| A/C | Yes |
| Total Building SF | 1,994 SF |
| Net Rentable Area | 38,700 SF |
| Total Office SF | 0 SF |
| Largest Contiguous SF | 0 SF |
| Lot SF | 41,295 SF |
| Acres | 0.95 |
| Year Built | 2026 |
| Sprinklers | Yes |
| Property Type | |
|---|---|
| Property Type | Multi-Family |
| Location | |
|---|---|
| County | Spokane |
| Cross Street | Pines Rd |
| Market Area | Spokane Valley |
| Tax ID # | 45164.0585 |
| Zoning | Corridor Mixed Use |
Mason Apartments
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
11802 E Main Avenue
11802 E Main Ave Spokane Valley WA 99206
Listing #: 711280 | Status: Available | Listing Date: 4/9/2026 | Last Modified: 4/16/2026 | Email Listing
For Sale
11802 E Main Avenue
