6606 E 4th Ave Spokane Valley, WA 99212
Dishman Hills NeighborhoodEstimated payment $4,099/month
Highlights
- 1.08 Acre Lot
- Separate Outdoor Workshop
- Fenced
- Property is near public transit
- Oversized Lot
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 west 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. A 3 bed/2 bath home on the property also boasts a standout 28’x40’ heated shop ideal for contractor staging, equipment storage, or interim income generation during redevelopment planning. A rare blend of immediate livability/rental income and substantial redevelopment 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
Est. Annual Taxes
- $5,565
Lot Details
- 1.08 Acre Lot
- Fenced
- Oversized Lot
- Level Lot
- Open Lot
- Property is zoned MFR
Schools
- Chase Middle School
- Ferris High School
Additional Features
- Separate Outdoor Workshop
- Property is near public transit
Listing and Financial Details
- Assessor Parcel Number 35242.9016
Map
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 | $4,450 | $526,470 | $282,270 | $244,200 |
| 2024 | $4,450 | $416,120 | $171,120 | $245,000 |
| 2023 | $3,884 | $409,520 | $127,120 | $282,400 |
| 2022 | $3,756 | $374,020 | $121,120 | $252,900 |
| 2021 | $3,335 | $262,300 | $89,000 | $173,300 |
| 2020 | $3,259 | $246,800 | $89,000 | $157,800 |
| 2019 | $2,565 | $202,200 | $53,400 | $148,800 |
| 2018 | $2,569 | $173,200 | $35,600 | $137,600 |
| 2017 | $2,528 | $173,200 | $35,600 | $137,600 |
| 2016 | $2,777 | $162,200 | $35,600 | $126,600 |
| 2015 | $2,411 | $158,400 | $35,600 | $122,800 |
| 2014 | -- | $155,800 | $35,600 | $120,200 |
| 2013 | -- | $0 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/21/2026 03/21/26 | For Sale | $675,000 | +17.4% | -- | |
| 06/03/2024 06/03/24 | Sold | $575,000 | 0.0% | $235 / Sq Ft | View Prior Sale |
| 06/03/2024 06/03/24 | Pending | -- | -- | -- | |
| 05/24/2024 05/24/24 | For Sale | $575,000 | +36.9% | $235 / Sq Ft | |
| 03/21/2023 03/21/23 | Sold | $420,000 | 0.0% | $179 / Sq Ft | View Prior Sale |
| 02/18/2023 02/18/23 | Pending | -- | -- | -- | |
| 02/15/2023 02/15/23 | For Sale | $420,000 | -- | $179 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $575,000 | Vista Title | |
| Warranty Deed | -- | Ticor Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Quit Claim Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $399,000 | New Conventional |
About the Listing Agent
Aryn's Other Listings
Source: Spokane Association of REALTORS®
MLS Number: 202613954
APN: 35242.9016
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Ask me questions while you tour the home.