12218 W 10th Ave - Apartments FOR SALE


Airway Heights, WA 99001
$495,500 USD
509-951-8885
12218 W 10th Ave, Airway Heights, WA for Sale
$495,500 USD
Apartments - FOR SALE
1/29
null | 6.21% Cap Rate

12218 W 10th Ave
Airway Heights, WA 99001


HIGHLIGHTS

  • Updated units, low maintenance and fully occupied.
  • Close to Fairchild Air Force Base, Spokane Airport and downtown Spokane

OVERVIEW

Welcome to Your Next Investment Opportunity! Don’t miss this exceptional duplex located in the rapidly growing community of Airway Heights—an area experiencing steady appreciation with even more development on the horizon. Major employers such as Spokane International Airport, Fairchild Air Force Base, Amazon, and others continue to drive strong demand, making this one of the most desirable regions for real estate investment. Unit 12218 W 10th is currently rented at $1,650/month and features fresh paint, new carpet, and luxury vinyl plank (LVP) flooring—making it both move-in ready and low-maintenance. Unit 12220 W 10th is rented at $1,750/month and has been similarly updated with modern flooring and thoughtful finishes. Whether you’re looking to live in one unit and rent the other, or expand your investment portfolio, this property offers flexibility, consistent cash flow, and long-term value. Ideal for generating passive income or serving as a comfortable home—this duplex is ready to work for you.

FOR SALE DETAILS

PRICE

$495,500 USD

PRICE/SF

$230 USD /SF

# OF UNITS

2

PRICE/UNIT

$247,750

CAP RATE

6.21%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

-

APN/PARCEL ID

15243.0207

ASK ABOUT THIS PROPERTY

Tim ToddWindermere NorthMore Info
509-951-8885

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Tim ToddWindermere NorthMore Info
509-951-8885

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.