Washington
Spokane
1222 E Marietta Ave

$125,000

1222 E Marietta Ave, Spokane, WA 99207

Land
Built in ——
5,663sqft lot
—— car garage
$——/sqft
Listed 18 days 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:: 202524215

Road/Access: City StreetPaved Road
Originating MLS: sarmls
School District: Spokane Dist 81
County: Spokane

Zoning: 35081.4515

Utilities: Natural Gas AvailablePwr Av Prop L
Water: Public
Sewer: Public Sewer

Source: sarmls

This listing courtesy of Ben Olney, Windermere City Group

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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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

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.