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Elizabeth Apartments
On the Market
Pricing: $675,000
Tour Dates: Contact Broker
Offers Date: To be Announced
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Site Details
Opportunity
The Elizabeth Apartments is a 5-unit apartment building located in Spokane Valley, WA. Originally built in 1951, the property has undergone significant system upgrades, including studs-up renovations in 2021. It offers convenient access to major transportation routes and is situated in a desirable area near schools, parks, and employment centers.
Location
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Elizabeth Apartments
205 S Elizabeth Rd
Spokane Valley, WA
Units: 5
Price: $675,000
About the Area
The Spokane area, one of Washington’s fastest-growing and most dynamic rental markets. Spokane serves as the economic, medical, and cultural hub of Eastern Washington, driven by a diverse employment base that includes major healthcare systems, universities, and Fairchild Air Force Base. Residents of the properties enjoy immediate access to major transportation routes, top-rated schools, parks, shopping, and dining options.
With a steadily expanding population, high occupancy rates, and a landlord-friendly environment, Spokane provides an exceptional setting for multifamily investment — supporting both stable cash flow today and strong rent growth potential over the long term.
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