$500,000
SOLD MAY 30, 2025

1008 E Ermina Ave Unit 1010 E Ermina Ave Spokane, WA 99207

Logan Neighborhood
8 Beds
4 Baths
3,440 Sq Ft
7,100 Sq Ft Lot

Recently Sold

$145 Per Sq Ft

7% Below List Price

7 Days on Market

About This Home

As of May 2025

Welcome to 1008 & 1010 E Ermina Ave, a well-maintained duplex located in a strong rental market just minutes from Gonzaga University and downtown Spokane. This turn-key investment offers two spacious, updated units with solid rental income and long-term potential. Recent updates, clean landscaping, and off-street parking make this a highly desirable rental for tenants and a low-maintenance asset for investors. Tenants pay utilities, and both units are currently leased. This property is ideal for seasoned investors looking to expand their portfolio seeking a strong-performing asset in an appreciating neighborhood.

Last Agent to Sell the Property

Shaun Flanigan

Windermere Manito, LLC License #24000690 Listed on: 04/30/2025

Windermere Manito, LLC

Last Buyer's Agent

MISC MISC

Edwards Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,577

Year Built

  • Built in 2002

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 3,440 Sq Ft Home
  • 2-Story Property

Kitchen

  • Free-Standing Range
  • Dishwasher

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 3 Carport Spaces
  • Alley Access

Schools

  • Yasuhara Middle School
  • North Central High School

Additional Features

  • 7,100 Sq Ft Lot
  • Forced Air Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 35084.2010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,577

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Year Built: 2002
  • Property Sub-Type: Rental
  • Lot Size Acres: 0.16
  • Road Frontage Type: City Street, Paved Road, See Remarks
  • Co List Office Phone: +1 (509) 747-10
  • MLS Status: Sold
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Slab, None
  • Appliances: Free-Standing Range, Dishwasher, Refrigerator, Washer, Dryer
  • Total Bedrooms: 8
  • Stories: 2

Exterior Features

  • Roof: Composition
  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: Slab, Alley Access

Utilities

  • Heating: Electric, Forced Air

Schools

  • Elementary School: Logan
  • High School: North Central
  • Middle Or Junior School: Yasuhara

Lot Info

  • Parcel Number: 35084.2010
  • Lot Size Sq Ft: 7100
  • Additional Parcels: No

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4577

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2025
Closed on
May 24, 2025
Sold by
Dearey William M and Zipp-Dearey Rita E
Bought by
Japji Enterprises Llc
Seller's Agent
Shaun Flanigan
Windermere Manito, LLC
Buyer's Agent
MISC MISC
Edwards Real Estate Group
List Price
$535,000
Sold Price
$500,000
Premium/Discount to List
-$35,000
-6.54%
Views
18

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
749.52%

Purchase Details

Closed on
Mar 22, 2019
Sold by
Sunrise Shores Llc
Bought by
Dearey William M and Zipp Dearey Rita E

Purchase Details

Closed on
Dec 1, 2007
Sold by
Dearey William M and Zipp Dearey Rita E
Bought by
Sunrise Shores Llc

Purchase Details

Closed on
Sep 27, 2007
Sold by
Sunrise Shores Llc
Bought by
Dearey William M and Zipp Dearey Rita E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 16, 2007
Sold by
Dearey William M and Zipp Dearey Rita E
Bought by
Sunrise Shores Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 5, 2007
Sold by
Hedger Sarah B
Bought by
Dearey William M and Zipp Dearey Rita E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,600
Interest Rate
1.4%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jan 13, 2006
Sold by
Dressel Alexander L and Dressel Linette D
Bought by
Hedger Sarah B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 22, 2004
Sold by
Dressel Vincent G and Dressel Janet L
Bought by
Dressel Alexander L and Dressel Linette D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 8, 2003
Sold by
Dressel Vincent G
Bought by
Dressel Janet L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 1992
Sold by
Gonzaga Preparatory School Foundation Of
Bought by
Dressel Vincent G and Dressel Janet L
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $500,000 First American Title
Interfamily Deed Transfer -- None Available
Warranty Deed -- None Available
Quit Claim Deed -- First American Title Ins
Warranty Deed -- None Available
Warranty Deed $354,000 First American Title Ins
Warranty Deed $330,000 Spokane County Title Co
Interfamily Deed Transfer $65,000 Spokane County Title Co
Interfamily Deed Transfer -- Spokane County Title Co
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $284,000 Purchase Money Mortgage
Previous Owner $318,600 Negative Amortization
Previous Owner $264,000 Purchase Money Mortgage
Previous Owner $135,000 Purchase Money Mortgage
Previous Owner $130,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2025 05/30/25 Sold $500,000 -6.5% $145 / Sq Ft
05/07/2025 05/07/25 Pending -- -- --
04/30/2025 04/30/25 For Sale $535,000 -- $156 / Sq Ft
Source: Spokane Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

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
2024 $4,577 $461,500 $70,000 $391,500
2023 $4,548 $465,200 $65,000 $400,200
2022 $4,389 $465,200 $65,000 $400,200
2021 $4,225 $355,400 $25,000 $330,400
2020 $4,024 $326,100 $25,000 $301,100
2019 $3,481 $291,300 $23,000 $268,300
2018 $3,673 $264,100 $20,000 $244,100
2017 $3,497 $256,100 $20,000 $236,100
2016 $3,453 $247,400 $20,000 $227,400
2015 $3,563 $249,800 $20,000 $229,800
2014 -- $249,800 $20,000 $229,800
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202515884

Spokane Association of REALTORS®

APN: 35084.2010