303-314 S Felts Ln Ln, Spokane Valley, WA 99206

• 14,560 sqft

Property Description

Felts Townhomes is a 12-unit, two-story townhome property in Spokane Valley near Dishman Hills. The property features newer construction, with eight units built in 2016 and four additional units completed in 2025, offering modern systems and low maintenance. Each townhome includes LVP flooring, stainless steel appliances, hard-surface countertops, ductless heating and cooling, in-unit washer and dryer, private patios, and covered carport parking. The property is in an investor-friendly location with lower utility costs, tenant-paid garbage, a 90-day rent increase notice period, and fewer regulations than the City of Spokane. Strong rental demand is driven by access to I-90, schools, parks, and nearby employment, supported by average household incomes of approximately $152,588 within one mile. In-place rents average $1,656 versus estimated market rents of $1,750, offering immediate upside. Separate parcels allow flexibility to sell up to four units individually.

Listing Status:

Active

Data Last Updated:

May 23, 2026 at 8:18PM

Listing Office:

SVN Cornerstone : 509-496-6922

Listing Agent:

Jordan Lester : 509-496-6922

MLS ID:

202611680

Interior

• Basement: None
• A/C: Wall Unit(s)
• Heating: ElectricZoned

Exterior

• Parking: AttachedCarport

Construction

• Roofing: Composition
• General: Two Story

Location

• Road/Access: City Street
• HOA Amenities: None
• Originating MLS: sarmls
• School District: Central Valley
• County: Spokane

Lot

• Zoning: 45201.2813

Financial

• Source: sarmls