6606 E 4th Ave, Spokane Valley, WA 99212

Property Description

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!