No photo
135 E 1st Avenue Colville, WA $ 989,000
135 E 1st Avenue
$ 989,000
Recently Listed
Share Save

135 E 1st Avenue

Colville, WA, 99114
$ 989,000
Bedrooms6 Baths4.0 Sq 14,301

Monthly Estimate*

$ 6,831

Listed by Alex Matthews, Ken Barcus Realty, 206-229-2049, alex@guidingmehome.com
​

Multi-Family Home for sale in Colville, WA

for $989,000 with 6 bedrooms and 4 full baths. This 14,301 square foot home was built in 1909 on a lot size of 0.1.

Wonderful investment opportunity with this iconic mixed-use masterpiece! Great building with 3 commercial spaces and 4 fully rented residential apartments with a cap rate holding 6% even with under market rents! Recognized for its immense cultural value and iconic period store front features, this building served for decades as a bustling retail and professional epicenter during Colville's transition into a booming timber, agricultural and mining hub. Today, it stands upgraded, maintained, and is ready for its next chapter. Boasting immaculately clean, easy to manage apartments that featuring stable, long-term tenants, as well as 3 prime commercial units. The large retail space currently homes RE LEE Shoes which seeks a new owner operator OR can be offered vacant. (Business and inventory are for sale separately.) Owner is open to SELLER FINANCING upon approval.

See more

Multi-Family Active

Price

$ 989,000

Bedrooms

6

Full Bath

4

Property Type

Multi-Family

Taxes

$ 4,770

Style

5-9 Units

Lot Size

0.1

Year Built

1909

Town/City

Colville

County/Region

Stevens

MLS | Web ID

2600677

Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard
Cooling Forced Air
Possession Negotiable Subject To Tenant Rights
Roof Flat See Remarks Torch Down
HOA Fee 0
Garage Spaces 0
Year Built 1909
View Territorial
Property Subtype Multi Family
Tax Year 2026
Building Name Downtown
County Stevens
Net Operating Income 56944
Insurance Expense 5700
New Construction N
Property Type Residential Income
HOA N
Energy Efficient Double Wall Thermal Windows
Subdivision Name Colville
Possible Use Business Commercial Multi-Family Retail
Special Listing Conditions None
Status Active
Directions Hwy 395 North into Colville. From 395 turn east on 1st Ave and park.
High School Colville Snr High
City Colville
Senior Community Y/N N
High School District Colville
Zoning Description Business Commercial Multi-Family Retail
Number Of Units Total 6
MLS Area 940 - Stevens County
Lot Size Units Square Feet
Lot Size Square Feet 4356
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional Owner Will Carry See Remarks
Elementary School Hofstetter Elem
Tax Annual Amount 4770
Electric Expense 10299
Fuel Expense 0
Middle/Junior High School Colville Jnr High
Property Condition Good
Public Remarks Wonderful investment opportunity with this iconic mixed-use masterpiece! Great building with 3 commercial spaces and 4 fully rented residential apartments with a cap rate holding 6% even with under m
Leasable Area 14301
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Amenities Basement Thermal Windows
Water Company City of Colville
Units Below Grade false
Units In Building Total 7
Water Sewer Garbage 6093
Property Style 55 - 5-9 Units
Cap Rate 6
See more
Exterior
Exterior Amenities Brick
Lot Features Alley Corner Lot
Total Parking 7
Foundation Details Concrete Ribbon Poured Concrete
Building Area Total 14301
Lot Dimensions 120X35
Lot Size Acres 0.1
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Parking Uncovered Total 7
Lot Number 9/10
See more
Interior
Flooring Ceramic Tile Hardwood Softwood
Total Fireplaces 0
Total Stories 3
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric Natural Gas
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
See more
Internal Only
OriginalMLSID NWM2600677
Street Number 1 135
See more
* Excluded Features
List By
Alex Matthews

Listing Agent

Ken Barcus Realty

Broker

alex@guidingmehome.com

Email

Affordability Calculator

$7,228
Per Month
95%
5%
0%
Monthly Principal & Interest
$6,831
Monthly Property Taxes
$398
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
5599470 Elementary School
4813817 Middle School
Colville Snr High High School
Pricing History
DatePricePrice ChangeDescription
11/3/2026$989,000 Listed Price

Map


See all

135 E 1st Avenue, Colville, WA, 99114 is a Multi-Family Home for sale at $989,000 with 14,301 sqft and a lot size of 0.1. 135 E 1st Avenue has 6 bedrooms, 4.0 baths, and was built in 1909. The property's zip code is 99114 which is in Colville, WA