5703 S Thomas Mallen Rd | Image 1
New
5703 S Thomas Mallen Rd | Image 2
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5703 S Thomas Mallen Rd | Image 7

$1,200,000

For Sale

20 hours ago

5703 S Thomas Mallen Rd, Spokane, WA

House

MLS® 202622726

5 Bed

2 Bath

--

2 Parking

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size -
Garage Yes
Taxes 
Days Active 0
Lot Size 4.42 Acres
Approx. Age 1948
MLS® Number 202622726

Property Address: 5703 S Thomas Mallen Rd, Spokane, WA, 99224

Average square foot calculated using Size range provided by listing agent.

Description

Exceptional investment and development opportunity on ±4.42 acres of Light Industrial-zoned land in a prime Spokane location with quick, convenient access to I-90. This versatile property offers the rare combination of immediate rental income and outstanding future development potential. Two updated residential homes are currently leased, generating $4, 600 per month with the opportunity for immediate rent increases. The homes include a 5-bedroom, 2-bath residence with approximately 1, 656 square feet and a 4-bedroom, 2-bath residence with approximately 1, 200 square feet. Continue collecting rental income while planning your next commercial or industrial project. The Light Industrial zoning supports a variety of business and development opportunities, making this an ideal investment for developers, owner-users, or investors seeking long-term upside. Rarely does a property offer this combination of income, flexibility, desirable zoning, and a highly accessible location.
MLS® Number202622726
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1948
BasementCrawl Space, Slab
DrivewayAttached, Slab, RV Access/Parking, Off Site
Garage Spaces
HeatElectric, Heat Pump, Ductless
A/CWall Unit(s)

Extras

Rooms

Other:First FloorNot available
Other:Not available

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 17, 2026List Date
$1,200,000List Price
  • Commute

Commute

Starting Address
Destination Address
5703 S Thomas Mallen Rd, Spokane, WA

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