5407 N Chase Rd Newman Lake, WA 99025

Multi-Family (2-4 Units) MLS #: 202510128 Courtesy Of Keller Williams Realty Spokane

$579,898

1,408 sq ft
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Est. Property Tax: $3,643
Estimated monthly payments: $2,839/mo.* (recalculate)

Property InformationDescription

Discover this nearly 5-acre property in the prime location of Otis Orchards. This estate includes a cozy 2-bedroom, 2-bathroom home, a massive 60x32 steel-framed shop with new 12x10 garage doors, an RV pad equipped with its own utilities, a separate barn, a carport, and multiple storage sheds. The property is ideal for large animals and horses, featuring fencing on three sides. This is a perfect investment opportunity build on the land, rent it out, and enjoy a steady monthly income.

Features

  • Age: 41-50 Years Old
  • Amenities: Dock
  • Appliances: Range, Refrigerator
  • Architecture Style: Rambler
  • Exterior Type: Stone, Stone Veneer
  • Heating System: Forced Air
  • Lot Size: 4.64 Acres
  • Roof Type: Metal
  • View Type: Territorial

MAP & DIRECTIONS

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5407 N Chase Rd, Newman Lake, WA 99025
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School Information

5407 N Chase Rd, Newman Lake, WA 99025

Elementary School
Grades KG-6 | Public School
EAST FARMS STEAM MAGNET SCHOOL
Newman Lake, WA 99025
26203 E Rowan Ave
509.­226.3039
Distance: 0.1 mi
School Rating
C+
Student:Teacher Ratio
15:1
Total Students
398
Middle School
Grades 7-8 | Public School
EAST VALLEY MIDDLE SCHOOL
Spokane Valley, WA 99216
4920 N Progress Rd
509.­924.9383
Distance: 6.9 mi
School Rating
D+
Student:Teacher Ratio
16:1
Total Students
442
High School
Grades 9-12 | Public School
EAST VALLEY HIGH SCHOOL
Spokane Valley, WA 99216
15711 E Wellesley Ave
509.­927.3200
Distance: 6.5 mi
School Rating
C+
Student:Teacher Ratio
17:1
Total Students
821
Other Nearby Schools Distance Type Grades School Rating
Pine Grove Academy 2.0 mi Private PK-8
Otis Orchards Elementary School 2.6 mi Public KG-6 C+
Liberty Launch Academy 2.7 mi Private PK-8
Stepping Stone Christian School 3.0 mi Private KG
Liberty Creek Elementary School 3.1 mi Public KG-2
Liberty Lake Elementary School 3.2 mi Public 3-5 B-
Liberty Lake Children's Academy 3.6 mi Private EE-PK
Liberty Lake Montessori 3.8 mi Private PK-KG
Liberty Lake Children's Academy - River District 4.1 mi Private EE-PK
West Ridge Elementary School 4.1 mi Public KG-5
Selkirk Middle School 4.4 mi Public 6-8 B
Seltice Elementary School 4.6 mi Public KG-5 C+
River City Middle School 4.8 mi Public 6-8 C-
Mullan Trail Elementary School 4.8 mi Public KG-5 B-
Frederick Post Kinder Center 4.8 mi Public PK
New Vision High School 4.9 mi Public 9-12
Cvsd Open Doors Programs 5.0 mi Public 10-12
Ridgeline High School 5.1 mi Public 9-12
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Newman Lake, WA 99025

Median Age: 47.3
Married: 72%
Number of Households: 2,077
Households with Children: 22.9%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
Copyright © 2025 Spokane Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.