BEDS0
BATHS
MLS#60338203
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
Exceptional Investment and Development Opportunity in Spokane! Ideally located just off Highway 160, 118-140 Palmetto Road offers tremendous potential for investors, developers, and builders alike. This unique multi-family property currently features three mobile homes, providing an opportunity for existing rental income while offering exciting possibilities for future development. With potential for a county-approved subdivision, the property presents an opportunity to maximize land value and explore additional residential development options, subject to applicable approvals and due diligence. Multiple septic tanks are already in place for hookups, and Liberty Utilities are on site, with city water and power available. The convenient highway access and desirable location add to the property's investment appeal. Whether you're looking to expand your rental portfolio, develop additional residential homes, or capitalize on the potential to subdivide, this versatile property offers a rare combination of existing improvements, utility infrastructure, accessibility, and future possibilities. Bring your vision and unlock the potential of this outstanding investment opportunity!
Property Features
Property Type: Multi Unit - Multiple
Cooling: Window Unit(s)
Heating: Forced Air, Central
Lot Size: 4.37 Acres
Taxes: $618
Year Built: 1980
Feature Descriptions
Body of Water: None
Days on Site: 2
Parcel#: 20-0.6-13-002-004-003.006
Parking: Two or More
Parking Notes: Two or More
Sewer: Septic Tank, City Sewer, Public
Units: 3
Water: City Water
Local Schools
High School: Spokane
Middle School: Spokane
Elementary School: Highlandville
Listed By / Shown
Listed By
Agency Name: Century Realty, SIQ, Inc.
Shown By
Agent Name: Luke Mitchell
Agent Phone: (573) 541-1232
Agency Title: Trophy Properties and Auction
Estimate Your Payment
Estimated Payment
$ 552.25 per month $500.75 Principal & Interest $51.50 Property Tax $0.00 Homeowner's Insurance
118-140 Palmetto Road | MLS# 60338203
This multi-family property located at 118-140 Palmetto Road , Spokane, MO 65754 is currently listed for sale with an asking price of $225,000. Search Spokane real estate on lukemitchell.trophypa.com today.