1307 E Mission Ave Spokane, WA 99202
Logan NeighborhoodEstimated payment $2,361/month
Highlights
- Property is near public transit
- Park or Greenbelt View
- 2 Car Detached Garage
- Lewis & Clark High School Rated A
- Corner Lot
- 2-minute walk to Mission Park
About This Home
Directly across from Mission Park and just steps from Gonzaga University, this classic brick investment property sits in one of Spokane’s most consistent and in-demand rental locations. With campus, recreation, and neighborhood amenities all within easy reach, it’s ideally positioned for long-term tenant appeal. The home offers a functional six-bedroom layout with three bedrooms upstairs and three downstairs—well-suited for student housing or shared living. Solid brick construction adds lasting durability and timeless character, while the unbeatable proximity to Gonzaga ensures strong, reliable demand year after year. Currently leased through May 2027 at $3,000 per month, this is a true turnkey investment with immediate income. Tenants pay all utilities and landscaping, contributing to a low-maintenance ownership experience, and a strong 7.1% cap rate. An exceptional opportunity to own a stable, income-producing property just moments from Gonzaga’s campus.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,200
Year Built
- Built in 1960
Lot Details
- 8,520 Sq Ft Lot
- Fenced
- Corner Lot
- Level Lot
- Sprinkler System
Parking
- 2 Car Detached Garage
- Alley Access
- Off-Site Parking
Home Design
- Brick Exterior Construction
Interior Spaces
- 2,053 Sq Ft Home
- 1-Story Property
- Fireplace Features Masonry
- Utility Room
- Park or Greenbelt Views
- Basement Fills Entire Space Under The House
- Free-Standing Range
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Bathrooms
Laundry
- Dryer
- Washer
Location
- Property is near public transit
Schools
- Yasuhara Middle School
- North Central High School
Utilities
- Forced Air Heating and Cooling System
- High Speed Internet
Listing and Financial Details
- Assessor Parcel Number 35084.4114
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 | $3,351 | $312,600 | $70,000 | $242,600 |
| 2024 | $3,351 | $337,500 | $65,000 | $272,500 |
| 2023 | $3,108 | $317,500 | $60,000 | $257,500 |
| 2022 | $2,983 | $317,500 | $60,000 | $257,500 |
| 2021 | $2,550 | $214,100 | $22,000 | $192,100 |
| 2020 | $2,278 | $184,200 | $22,000 | $162,200 |
| 2019 | $1,855 | $155,000 | $21,000 | $134,000 |
| 2018 | $1,853 | $133,000 | $18,000 | $115,000 |
| 2017 | $1,820 | $133,000 | $18,000 | $115,000 |
| 2016 | $1,791 | $128,100 | $18,000 | $110,100 |
| 2015 | $1,777 | $124,300 | $18,000 | $106,300 |
| 2014 | -- | $125,600 | $18,000 | $107,600 |
| 2013 | -- | $0 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/30/2026 04/30/26 | Price Changed | $395,000 | -7.1% | $192 / Sq Ft | |
| 04/02/2026 04/02/26 | For Sale | $425,000 | +26.1% | $207 / Sq Ft | |
| 12/08/2023 12/08/23 | Sold | $337,000 | +2.1% | $164 / Sq Ft | View Prior Sale |
| 11/24/2023 11/24/23 | Pending | -- | -- | -- | |
| 11/20/2023 11/20/23 | For Sale | $330,000 | -- | $161 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $337,000 | Wfg National Title | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $180,000 | Pacific Nw Title | |
| Quit Claim Deed | -- | -- | |
| Interfamily Deed Transfer | -- | Transnation Title Insurance | |
| Warranty Deed | $100,000 | Transnation Title Insurance | |
| Interfamily Deed Transfer | -- | Transnation Title Insurance | |
| Gift Deed | -- | Pacific Nw Title | |
| Warranty Deed | $90,000 | Pacific Nw Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $180,000 | Purchase Money Mortgage | |
| Previous Owner | $80,000 | No Value Available | |
| Previous Owner | $80,910 | No Value Available | |
| Closed | $15,000 | No Value Available |
Source: Spokane Association of REALTORS®
MLS Number: 202614654
APN: 35084.4114
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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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Ask me questions while you tour the home.