NOT LISTED FOR SALE

1320 W 5th Ave Spokane, WA 99204

Cliff-Cannon Neighborhood
-- Bed
-- Bath
10,445 Sq Ft
9,352 Sq Ft Lot

Last Sold November 07, 2023

Last sale price $1,570,000 $150 Per Sq Ft

8 Days on Market

Highlights

  • City View
  • Wood Flooring
  • No HOA
  • Sacajawea Middle School Rated A-
  • Corner Lot
  • Forced Air Heating System

About This Home

As of November 2023

Well maintained, value-add opportunity located in Spokane’s highly desired South Hill neighborhood. Situated just down the street from Spokane’s medical district, this is prime living. 13 Unit with cottage next door. 6 Parking spots.

Last Listed By

Winslow Lee

Kidder Mathews License #136708 Listed on: 08/08/2023

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2148599

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,907

Year Built

  • Built in 1938

Lot Details

  • 9,352 Sq Ft Lot
  • Corner Lot
  • Property is in very good condition

Property Views

  • City
  • Territorial

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof

Interior Spaces

  • 10,445 Sq Ft Home
  • 4-Story Property

Flooring

  • Wood
  • Ceramic Tile

Parking

  • 6 Parking Spaces
  • Open Parking

Utilities

  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Spokane Subdivision

Listing and Financial Details

  • Assessor Parcel Number 351924007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,907

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1938
  • Buyer Agency Compensation: 2
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 10445
  • EffectiveYearBuiltSource: Public Records
  • SOCComments: 2%
  • Special Features: VirtualTour
  • Cumulative Days on Market: 274

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Ceramic Tile, Hardwood
  • Stories: 4
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry,Storage

Exterior Features

  • Roof: Composition, See Remarks
  • View: City, Territorial
  • Lot Features: Corner Lot, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Brick
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 6
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 6

Utilities

  • Sewer: Sewer Connected
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • WaterSewerGarbage: 8762

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Fee Information

  • Annual Fuel Expense: 8763

Schools

  • Junior High Dist: Spokane

Lot Info

  • Parcel Number: 351924007
  • Lot Size Acres: 0.2147
  • Lot Size: 9352
  • Lot Size Sq Ft: 9352
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Spokane Parcel Viewer
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 23
  • LeasedItems: Washer/Dryer
  • TotalMonthlyIncome: 9423

Multi Family

  • Gross Scheduled Income: 151476
  • Net Operating Income: 67628
  • Number Of Units Total: 14
  • Electric Expense: 8762
  • Insurance Expense: 3822
  • Leasable Area: 10445
  • EnergySource: Electric
  • UnitsInBuildingTotal: 14
  • UnitsBelowGrade: false
  • VacancyRate: 4

Tax Info

  • Year: 2023
  • Tax Annual Amount: 10907
  • AdditionalTaxIds: 351924007

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2023 11/07/23 Sold $1,570,000 -1.9% $150 / Sq Ft
08/16/2023 08/16/23 Pending -- -- --
08/08/2023 08/08/23 For Sale $1,600,000 -- $153 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Winslow Lee

    Seller's Agent in 2023

    Winslow Lee

    Kidder Mathews

    (602) 501-5855

    1 in this area

    40 Total Sales

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2148599

Northwest Multiple Listing Service (NWMLS)

Washington Spokane County Spokane 99204 Cliff-Cannon

1320 W 5th Ave, Spokane, WA

Homes for Sale in Spokane, WA

This home is located at 1320 W 5th Ave, Spokane, WA 99204 since 08 August 2023. This property was built in 1938. 1320 W 5th Ave is a home located in Spokane County with nearby schools including Roosevelt Elementary School, Sacajawea Middle School, and Lewis & Clark High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. ©2025 NWMLS.

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