1222 E Marietta Ave, Spokane, WA 99207
Land
Built in ——
5,663sqft lot
—— car garage
$——/sqft
Listed 1 month ago
Property Description
A ready-to-build lot offering a rare opportunity for multifamily development in a high-demand area. The property comes with a pre-approved 8-year Multi-Family Tax Exemption (MFTE). This exemption applies to the residential improvements, a significant financial benefit over its term. The property includes nearly completed fourplex plans, along with civil and structural engineering—offering a head start—or the flexibility to pursue your own design. The MFTE requires a minimum of four units to qualify for the program. There are no income or rent restrictions, allowing for market-rate development. With a growing demand for multifamily housing, this property presents an ideal opportunity for investors to capitalize on Spokane's expanding housing market.
- Listing Status:
- Active
- Listing Office:
- Windermere City Group : (208) 629-6477
- Listing Agent:
- Ben Olney : (208) 629-6477
- MLS ID:
- 202516253

- Road/Access: City StreetPaved Road
- Originating MLS: sarmls
- School District: Spokane Dist 81
- County: Spokane
This listing courtesy of Ben Olney, Windermere City Group
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Logan Elementary School
1001 E Montgomery Ave, Spokane, WA, 99207
Grades PK-5
0.22 miles away
Yasuhara Middle School
, Spokane, WA, 99201
Grades 6-8
1.21 miles away
North Central High School
1600 N Howard St, Spokane, WA, 99205
Grades 9-12
1.47 miles away