11406 E 4th Ave Spokane Valley, WA 99206
Opportunity NeighborhoodEstimated payment $2,577/month
Highlights
- City View
- Separate Outdoor Workshop
- 1 Car Detached Garage
- Fenced Yard
- Oversized Lot
- Forced Air Heating and Cooling System
About This Home
Motivated Seller! Exceptional opportunity to own a fully rented duplex on over half an acre in Spokane Valley. (One side will be vacant on 5/15 for possible owner occupy) Whether you’re looking to expand your portfolio or secure a property with future upside, this one checks all the boxes. Each unit provides steady rental income, making this a true turnkey investment from day one. The expansive lot is a rare find—offering potential for a shop, ADU, or additional improvements (buyer to verify), giving you multiple paths to increase value and cash flow. Located in a convenient area close to amenities, schools, and major routes, this property combines current income with long-term development potential.
Listing Agent
Keller Williams Spokane - Main Brokerage Phone: 509-389-4800 License #21024143 Listed on: 03/26/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1939
Lot Details
- 134 Sq Ft Lot
- Property fronts an easement
- Fenced Yard
- Oversized Lot
- Level Lot
Parking
- 1 Car Detached Garage
- Alley Access
- Off-Site Parking
Home Design
- Duplex
Interior Spaces
- 2,350 Sq Ft Home
- 2-Story Property
- City Views
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Laundry
- Dryer
- Washer
Schools
- North Pines Middle School
- University High School
Additional Features
- Separate Outdoor Workshop
- Forced Air Heating and Cooling System
Community Details
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 45212.2702
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | -- | $514,700 | $121,500 | $393,200 |
| 2024 | $3,631 | $333,700 | $99,000 | $234,700 |
| 2023 | $2,937 | $325,000 | $100,000 | $225,000 |
| 2022 | $2,994 | $299,000 | $74,000 | $225,000 |
| 2021 | $2,982 | $237,000 | $60,000 | $177,000 |
| 2020 | $2,656 | $213,900 | $55,000 | $158,900 |
| 2019 | $2,809 | $237,000 | $83,600 | $153,400 |
| 2018 | $2,783 | $194,900 | $62,700 | $132,200 |
| 2017 | $2,588 | $184,300 | $62,700 | $121,600 |
| 2016 | $2,570 | $177,400 | $62,700 | $114,700 |
| 2015 | $2,613 | $177,400 | $62,700 | $114,700 |
| 2014 | -- | $173,400 | $62,700 | $110,700 |
| 2013 | -- | $0 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/16/2026 04/16/26 | Price Changed | $429,000 | -4.6% | $183 / Sq Ft |
| 03/26/2026 03/26/26 | For Sale | $449,900 | -- | $191 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $280,000 | Washington Title | |
| Interfamily Deed Transfer | -- | Stewart Title Of Spokane | |
| Warranty Deed | $210,000 | Stewart Title Of Spokane |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $300,000 | New Conventional | |
| Previous Owner | $131,950 | FHA |
Source: Spokane Association of REALTORS®
MLS Number: 202614133
APN: 45212.0910
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Based on information submitted to the MLS GRID
Listings courtesy of Spokane Association of REALTORS® as distributed by MLS GRID
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Ask me questions while you tour the home.