Property Details

We are pleased to present the Felts Townhomes for sale located at 303-314 S Felts Ln in the Spokane Valley. The Felts Townhomes consist of 12 two story townhome units, each offering two bedrooms and one and a half bathrooms. The property features newer construction with high end finishes, dedicated covered carports for each unit, in unit washer and dryer, and an on site community garden for residents.-Newer Construction: 8 of the 12 units were built in 2016 and 4 of the 12 units were completed in 2025, providing modern systems and low future maintenance-High Quality Interiors: Each unit includes LVP flooring, stainless steel appliances, hard surface countertops, ductless heating and cooling, private patios, in unit washer and dryer, and covered carport parking-Investor Friendly Location: Spokane Valley location with lower utility costs, tenants paying garbage directly, 90 day rent increase notices versus 180 days in the City of Spokane, and fewer regulatory restrictions-Strong Rental Demand and Demographics: Desirable Dishman Hills location with easy access to I-90, schools, parks, and employment, supported by strong household incomes averaging $152,588 within one mile-Rental Upside and Exit Flexibility: Current rents average $1,656 versus $1,750 market rents, offering immediate upside and the option to sell 4 of 12 units individually due to separate parcels for added flexibility