6524 E 4th Ave Spokane Valley, WA 99212
Dishman Hills NeighborhoodEstimated payment $3,949/month
Total Views
5,792
1.08
Acres
$625,000
Price per Acre
47,045
Sq Ft Lot
Highlights
- 1.08 Acre Lot
- Oversized Lot
- Fenced
- Property is near public transit
About This Lot
Prime Multifamily Development Opportunity in Spokane Valley! Unlock exceptional investment potential with this strategically zoned parcel, primed for high-density residential growth. Current zoning (MF) currently permits up to 22 dwelling units and likely more with upcoming density changes. The neighboring property to the east is also available to double (or more) the opportunity! This site offers strong upside for multifamily apartments, townhomes, or mixed residential development. Capitalize on the area’s demand for modern housing options near urban amenities. Shop space potentially for contractor staging, equipment storage, or interim income generation during redevelopment planning. This property is rare and substantial development potential—perfect for builders, investors, or developers seeking their next high-return project. Don’t let this versatile gem pass you by!
Property Details
Property Type
- Land
Lot Details
- 1.08 Acre Lot
- Fenced
- Oversized Lot
- Level Lot
- Open Lot
- Property is zoned MFR
Location
- Property is near public transit
Schools
- Chase Middle School
- Ferris High School
Listing and Financial Details
- Assessor Parcel Number 35242.9033
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,771 | $331,620 | $329,320 | $2,300 |
| 2024 | $3,771 | $351,380 | $188,180 | $163,200 |
| 2023 | $3,220 | $375,680 | $188,180 | $187,500 |
| 2022 | $291 | $308,620 | $121,120 | $187,500 |
| 2021 | $295 | $220,400 | $89,000 | $131,400 |
| 2020 | $295 | $209,800 | $89,000 | $120,800 |
| 2019 | $280 | $166,900 | $53,400 | $113,500 |
| 2018 | $320 | $141,800 | $35,600 | $106,200 |
| 2017 | $316 | $141,800 | $35,600 | $106,200 |
| 2016 | $219 | $134,700 | $35,600 | $99,100 |
| 2015 | $43 | $132,200 | $35,600 | $96,600 |
| 2014 | -- | $130,500 | $35,600 | $94,900 |
| 2013 | -- | $0 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/21/2026 03/21/26 | For Sale | $675,000 | +21.4% | -- | |
| 04/25/2024 04/25/24 | Sold | $556,000 | 0.0% | $334 / Sq Ft | View Prior Sale |
| 04/06/2024 04/06/24 | Pending | -- | -- | -- | |
| 04/05/2024 04/05/24 | For Sale | $555,800 | +29.3% | $334 / Sq Ft | |
| 08/05/2022 08/05/22 | Sold | $430,000 | -4.4% | $258 / Sq Ft | View Prior Sale |
| 07/06/2022 07/06/22 | Pending | -- | -- | -- | |
| 06/24/2022 06/24/22 | For Sale | $450,000 | -- | $270 / Sq Ft |
Source: Spokane Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $313 | None Listed On Document | |
| Warranty Deed | $556,000 | Ticor Title | |
| Warranty Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | Spokane County Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $315,000 | New Conventional |
Source: Public Records
About the Listing Agent
Aryn's Other Listings
Source: Spokane Association of REALTORS®
MLS Number: 202613955
APN: 35242.9033
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Based on information submitted to the MLS GRID
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