407 1st Avenue

Ritzville, WA 99169

  • Bed

  • Bath

  • 4004 SqFt

  • 60 DOM

  • Built: 1950

  • Status: Active

$459,000

X

407 1st Avenue

Ritzville 99169

$459000

  • Bed

  • Bath

  • 4004 SqFt

  • 60 DOM

  • Built: 1950

  • Status: Active

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Srinivas Kasam

CEO & Founder

(650)533-3259

Investment opportunity in the bustling town of Ritzville! Motel built in 1950 has been mostly remodeled with 8 studio apartments, one 1-bedroom unit with a full kitchen, two 2-bedroom units with a full kitchen, and a remodeled office space. New exterior paint, a coin-op laundry room was added and a brand new roof was installed in 2025. Each studio unit has it's own bathroom, a hot plate, microwave, and a small fridge. There are two studio units that need to be remodeled with the potential for 11 total units of income.

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Residence Information

  • 4004

  • Composition

  • 56 - 10+ Units

  • 1950

  • Concrete Ribbon

Features and Utilities

  • Metal/Vinyl, Wood

  • Public

  • Sewer Connected

  • 0

Financial

  • 3465

  • Cash, Conventional

  • 12-16-2025

Comparable Information

  • 60

  • 60

  • Cash, Conventional

  • $469,000

  • $469,000

  • Feb 14, 2026 19:10

Schools

Map

Listing courtesy of Windermere RE K-2 Realty.

The content relating to real estate for sale on this site comes in part from the IDX program of the NWMLS of Seattle, Washington. Real Estate listings held by brokerage firms other than this firm are marked with the NWMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 NWMLS of Seattle, Washington. All information provided is deemed reliable but is not guaranteed and should be independently verified. Kasamestates data last checked: Feb 22, 2026 11:21 | Listing last modified Feb 14, 2026 19:10. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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