10003 E 9th Ave Spokane Valley, WA 99206
Dishman Hills NeighborhoodEstimated payment $4,539/month
Highlights
- Deck
- Territorial View
- Laundry Facilities
- Property is near public transit
- Corner Lot
- Cross Fenced
About This Home
Well-maintained and continuous upgrades made to this 7-unit apartment building in the heart of Spokane Valley. This property is offering stable cash flow and long-term investment potential. Cared for by the same family for many years and features a desirable unit mix of 2 bedrooms and 1 bedrooms units that have had significant upgrades—all currently occupied with a strong rental history. The property is generating approximately $6,820 in monthly rental income, while the pro forma supports a projected 6+% cap rate through simple market rent adjustments. A common laundry room in the basement provides additional income potential and added convenience for residents. Investors will appreciate the pride of ownership, low-maintenance operation, and the benefits of owning in Spokane Valley, including friendlier landlord regulations, lower utility costs, and consistently strong rental demand. A quality, turnkey asset with both dependable income and future upside.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,107
Year Built
- Built in 1915
Lot Details
- 7,499 Sq Ft Lot
- Cross Fenced
- Corner Lot
- Level Lot
- Sprinkler System
Home Design
- Converted Dwelling
- Composition Roof
- Wood Siding
- Siding
Interior Spaces
- 5,304 Sq Ft Home
- 3-Story Property
- Territorial Views
- Partially Finished Basement
- Laundry in Basement
Kitchen
- Free-Standing Range
- Dishwasher
Bedrooms and Bathrooms
- 11 Bedrooms
- 7 Bathrooms
Schools
- Bowdish Middle School
- University High School
Additional Features
- Deck
- Property is near public transit
- Ductless Heating Or Cooling System
Community Details
- 7 Units
- Laundry Facilities
Listing and Financial Details
- Assessor Parcel Number 45204.0658
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $5,108 | $445,500 | $89,990 | $355,510 |
| 2025 | $5,826 | $480,100 | $89,990 | $390,110 |
| 2024 | $5,826 | $549,000 | $89,990 | $459,010 |
| 2023 | $5,168 | $570,100 | $89,990 | $480,110 |
| 2022 | $3,840 | $546,500 | $44,990 | $501,510 |
| 2021 | $4,083 | $328,900 | $44,990 | $283,910 |
| 2020 | $2,549 | $207,550 | $18,750 | $188,800 |
| 2019 | $2,423 | $206,250 | $18,750 | $187,500 |
| 2018 | $2,975 | $210,750 | $18,750 | $192,000 |
| 2017 | $2,920 | $210,750 | $18,750 | $192,000 |
| 2016 | $2,991 | $209,350 | $18,750 | $190,600 |
| 2015 | $3,031 | $208,550 | $18,750 | $189,800 |
| 2014 | -- | $208,550 | $18,750 | $189,800 |
| 2013 | -- | $0 | $0 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/16/2026 07/16/26 | For Sale | $775,000 | -- | $146 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $180,000 | Spokane County Title | |
| Interfamily Deed Transfer | -- | None Available |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $10,000 | Purchase Money Mortgage | |
| Previous Owner | $350,000 | Unknown |
Source: Spokane Association of REALTORS®
MLS Number: 202621077
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Listings courtesy of Spokane Association of REALTORS® as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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