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513 E 1ST AVE, COLVILLE, WA 99114

$600,000
Property Type: MultiFamily Square Footage: 7,976 Lot Size (sq. ft.): 18,295 Status: Closed
Current Price: $600,000 List Date: 9/04/2025 Last Modified: 1/01/2026

Overview

Description

Great investment opportunity in the heart of Colville. 8-2 bedroom/1bath units; 4 down and 4 up together with a studio unit up and the space for 1 to be built out down. Laundry facility onsite plus covered carport parking off the alley. Oversized lot offers room to expand with paved streets to the West and South with alley access from the North.

Listing Details MLS# 45111

Location, Tax & Legal

County
Stevens
Area
S1 - Colville
St #
513
St Dir Prefix
E
Street Name
1ST
St Sfx
AVE
State/Province
WA
Zip Code
99114

Contract Information

Price
624900
Lock Box
None
Sign
Yes
Assumable
No

Property Information

Type
Apartment Complex
Realtor.COM Type
Multi Family
Approx Total SqFt.
7976
Style
Contemporary
Stories
2
Auto Storage
No
Lot Dimensions
See Plat
# of Acres
0.42
# Units
Yes
Construction
Masonry
Year Built
1965

Status Change Info

Closing Date
2025-12-31
Under Contract Date
2025-09-04
How Sold
Conventional

Income

Annual Gross Rent
88500
Vacancy %
11
Other Income
996
Gross Op Income
83246

Expense 1

Insurance
5105
Utilities
1010

More Information

Utility Providers

Electric
Avista
Garbage
Sunshine
Sewer
City of Colville
Water
City of Colville

Location Tax & Legal

Taxes
$4,161
Tax Yr
2025
Special Tax Class
No
Nearest Town
Colville
Miles/Nearest Town
0
Parcel #
0111200
Section
9
Township
35
Range
39
Legal
COLVILLE L W MEYERS INC VAC ALLEY SW4 BLK 37 COLVILLE L W MEYER'S
Title Co
Vista
Title Co. Order #
2437093
Closing Agent
McGrane & Schuerman
HOA
None

Remarks & Misc

Hot Sheet Comment
new
Directions
Colville Hwy 395 Main St to E 1st Ave. east on East 1st Ave. follow to address.

Basement

None
Yes

Utilities

Public Sewer
Yes
Public Water
Yes

Foundation

Concrete Perimeter
Yes
Slab
Yes

Siding

Brick Accents
Yes
Vinyl
Yes

Roof

Composition
Yes

Heating

Baseboard
Yes
Electric
Yes

Common Amenities

Decks/Patios
Yes
Laundry Facility
Yes
Storage
Yes

Water Heater

Electric
Yes

Electric Service

100 Amp
Yes
Breakers
Yes

Documents On File

Seller Disclosure
Yes
Title Work
Yes

Site Improvements

Alley
Yes
Easement
Yes
Paved
Yes

Grounds

Corner
Yes
Level
Yes

Parking

Alley Access
Yes
Assigned
Yes
Lighted
Yes
Off Street
Yes

Auto Storage Type

Carport Attached
Yes
Off Street
Yes

Schools

Colville
Yes

Showing Instructions

Call Listing Office
Yes

Terms

Cash
Yes
Conventional
Yes

Possession

Close Of Escrow
Yes

Property Features

Basement: None Foundation: Concrete Perimeter; Slab Siding: Brick Accents; Vinyl Roof: Composition Common Amenities: Decks/Patios; Laundry Facility; Storage Heating: Baseboard Water Heater: Electric Electric Service: 100 Amp; Breakers Utilities: Public Sewer; Public Water Site Improvements: Alley; Easement; Paved Grounds: Corner; Level Parking: Alley Access; Assigned; Lighted; Off Street Auto Storage Type: Carport Attached; Off Street Showing Instructions: Call Listing Office Documents On File: Seller Disclosure; Title Work Schools: Colville Terms: Cash; Conventional Possession: Close Of Escrow
Listing Office: Ken Barcus Realty
Last Updated: January - 01 - 2026
Information deemed reliable but not guaranteed.

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