Agent profile image in chat bubble
Agent profile image in chat header

Ardivusx Brivity

Sooper Dooper Guy | Robert Davis's Site

Agent profile image in message

407 1st Ave , Ritzville, WA 99169
$465,000
Est. Payment: $2,550.32/mo
0.23 Acres
Status: active | Days on site: 260
Get Pre-Qualified
9633 - 84629
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from Ardivusx Brivity, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
Agent profile image
Ardivusx Brivity
Sooper Dooper Guy

House Description

Excellent investment opportunity in the growing community of Ritzville! Originally constructed in 1950, this income-producing property has undergone extensive updates and now features 8 studio apartments, 1 one-bedroom unit with a full kitchen, 2 two-bedroom units with full kitchens, and a remodeled office space. Recent improvements include fresh exterior paint, the addition of a coin-operated laundry facility, and a brand-new roof installed in 2025. Each studio unit is equipped with a private bathroom, hot plate, microwave, and compact refrigerator, providing comfortable and efficient living accommodations. Two additional studio units are ready for renovation, offering significant upside potential and the opportunity to increase the property to a total of 11 income-producing units. Whether you're looking to expand your portfolio or enter the multifamily market, this property offers both immediate cash flow and value-add potential.

Highlights

Listed by Jay P. Kincaid , 509-989-3309 Windermere RE K-2 Realty , 509-765-3337. Northwest Multiple Listing Service mls logo

Property Type

Commercial Sale

Lot/Acreage
0.23

Year Built

1950

County

Adams

Area

381 - Adams County

Neighborhood

Ritzville

Listing ID

2461226

Questions about this listing?

Contact Agent

Interior Features

Air Cond:Wall Unit(s),Window Unit(s)
Fireplaces:
Floor:Laminate,Vinyl,Carpet
Water:City of Ritzville

Exterior Features

Lot:Zoning: Commercial,Multi-Family
Zoning:Commercial,Multi-Family
Roof:Composition
Others:
  • ▪ Additional:Metal/Vinyl, Wood, Fair
Sewer:City of Ritzville
Principal Interest
$2,550
Taxes
$289

Home Price

$465,000

Loan Details

30 yrs
7.3%

Down Payment

20%
$93,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,550.32

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,550.32 $288.75 $0.00 $2,839.07
Yearly $30,603.89 $3,465.00 $0.00 $34,068.89
Total $918,116.59 $103,950.00 $0.00 $1,022,066.59
Lender profile image
ardi preflender
A Lender
GET PRE-QUALIFIED

Never Miss a Property

Be the first to know when a property hits the market.

Current Listings

Last 30 Days
N/A
Oct 2026

Average Price

All Price Ranges
N/A
Oct 2026

Average Days on Market

All Price Ranges
N/A
Oct 2026
Market insight data is pulled from the same city as the listing being viewed (Ritzville, WA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Estimated Payment, Market Insight Calculations, School and Neighborhood Information provided by Blueroof360

The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.
The three tree icon represents listings courtesy of NWMLS. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

IDX service by Blueroof 360

Data last updated: 2026-10-17T17:37:12.000Z

© 2026 Northwest Multiple Listing Service

MLS Logo - Northwest Multiple Listing Service