$320,000
SOLD JAN 29, 2021
-- Bed
-- Bath
3,140 Sq Ft
6,000 Sq Ft Lot

Recently Sold

$102 Per Sq Ft

7% Below List Price

27 Days on Market

Highlights

  • Craftsman Architecture
  • Territorial View
  • Heating Available
  • North Central High School Rated A-
  • High Speed Internet

About This Home

As of January 2021

Great location! Contact List Agent to set up limited 30 minute showing appointment. What a great opportunity to own a well-cared for fourplex currently at a 6% cap rate with the ability increase that return. Just 4 blocks west of Kendall Yards shopping and restaurants! Owner has completed many updates during his ownership such as new windows, window AC in each unit, newer gas hot water heater. Very low turnover but easy to rent when a vacancy occurs. All four units are currently occupied and rent has been paid every month! Common laundry for the tenants in the basement at no charge and separate key for each tenant to access. Off street parking with security/motion lights and nice landscaping with fenced front yard. Near Downtown Spokane and Monroe Street restaurants and shopping. Room to increase the return on your investment! DO NOT DISTURB TENANTS!!

Last Agent to Sell the Property

Kelli Johnson

Home Sales Spokane License #106758 Listed on: 12/02/2020

Home Sales Spokane

Last Buyer's Agent

Danny Patterson

Synergy Properties License #114652

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1904

Lot Details

  • 6,000 Sq Ft Lot

Parking

  • 4 Parking Spaces

Home Design

  • Craftsman Architecture

Interior Spaces

  • 3,140 Sq Ft Home
  • 2-Story Property
  • Territorial Views
  • Partially Finished Basement

Utilities

  • Heating Available
  • Furnace
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 25131.0212

Community Details

Overview

  • 4 Units

Building Details

  • Fuel Expense $2,000
  • Water Sewer Expense $4,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Year Built: 1904
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • Lot Size Acres: 0.14
  • Road Frontage Type: City Street, Paved Road
  • View Type:Pond View: Territorial
  • Reso Association Amenities: See Remarks
  • Co List Office Phone: 509-747-1051
  • MLS Status: Sold
  • Architectural Style: Craftsman
  • Reso Structure Type: Two Story
  • HighSpeedInternet: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial, Unfinished, Laundry

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Wood

Garage/Parking

  • Parking Features: None
  • Total Parking Spaces: 4

Utilities

  • Heating: Gas Hot Air Furnace, Electric
  • NumberOfRanges: 4

Fee Information

  • Annual Fuel Expense: 2000
  • Annual Water Sewer Expense: 4200

Lot Info

  • Parcel Number: 25131.0212
  • Lot Size Sq Ft: 6000
  • Additional Parcels: No

Multi Family

  • Number Of Units Total: 4

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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

Property History

Date Event Price Change Sq Ft Price
08/07/2025 08/07/25 For Sale $525,000 +64.1% $172 / Sq Ft
01/29/2021 01/29/21 Sold $320,000 -7.2% $102 / Sq Ft
12/29/2020 12/29/20 Pending -- -- --
12/09/2020 12/09/20 For Sale $345,000 +7.8% $110 / Sq Ft
12/08/2020 12/08/20 Off Market $320,000 -- --
12/02/2020 12/02/20 For Sale $345,000 -- $110 / Sq Ft
Source: Spokane Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202025350

Spokane Association of REALTORS®

APN: 25131.0212