$942,000

1627 W 7th Ave Spokane, WA 99204

Cliff-Cannon Neighborhood

Estimated payment $5,961/month

Total Views 8,500
8 Beds
8 Baths
5,120 Sq Ft
$184 Price per Sq Ft

Highlights

  • Baseboard Heating
  • Sacajawea Middle School Rated A-
  • Laundry Facilities

About This Home

This well-maintained multi-unit property offers a total of 8 rental units, featuring 4 spacious 1-bedroom units, 2 comfortable 2-bedroom units, and 2 efficient studio apartments. With a monthly rental income of $8,573, this is a turnkey opportunity for investors seeking steady cash flow. Tenants enjoy the convenience of on-site laundry facilities, carport parking, and a durable brick exterior that adds both charm and low-maintenance appeal. Ideally located in the highly desirable South Hill neighborhood, just minutes from I-90, and within walking distance to restaurants, shopping, and parks. Whether you’re expanding your portfolio or looking for your first investment, this property combines location, income, and potential in one unbeatable package.

Listing Agent

Dallas Lightner

LT Real Estate License #26840 Listed on: 04/22/2025

Co-Listing Agent

Ryan Towner

LT Real Estate License #24027253

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Parking

  • 3 Carport Spaces

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 5,120 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Schools

  • Sacajawea Middle School
  • Lewis & Clark High School

Additional Features

  • 7,100 Sq Ft Lot
  • Baseboard Heating

Community Details

  • 8 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 25244.3506

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Year Built: 1956
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • Lot Size Acres: 0.16
  • Road Frontage Type: City Street
  • Reso Association Amenities: Laundry
  • Co List Office Mls Id: SAR1400
  • Co List Office Phone: +1 (509) 315-87
  • Co List Office Phone: +1 (509) 315-87
  • MLS Status: Active
  • Reso Structure Type: Two Story
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Basement YN: No
  • Total Bedrooms: 8
  • Stories: 2

Exterior Features

  • Roof: Composition
  • Construction Type: Brick

Garage/Parking

  • Parking Features: Carport

Utilities

  • Heating: Electric, Baseboard

Schools

  • Elementary School: Roosevelt
  • High School: Lewis & Clark
  • Middle Or Junior School: Sacajawea

Lot Info

  • Parcel Number: 25244.3506
  • Lot Size Sq Ft: 7100

Multi Family

  • Number Of Units Total: 8

Map

Range of Values:

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Average Value
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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
04/22/2025 04/22/25 For Sale $942,000 +54.4% $184 / Sq Ft
04/13/2020 04/13/20 Sold $610,000 +1.8% --
02/10/2020 02/10/20 Pending -- -- --
01/29/2020 01/29/20 For Sale $599,000 -- --
Source: Spokane Association of REALTORS®

Source: Spokane Association of REALTORS®

MLS Number: 202515424

Spokane Association of REALTORS®
Washington Spokane County Spokane 99204 Cliff-Cannon

1627 W 7th Ave, Spokane, WA

This home is located at 1627 W 7th Ave, Spokane, WA 99204 and is currently priced at $942,000, approximately $183 per square foot. This property was built in 1956. 1627 W 7th 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.

Spokane Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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Dallas Lightner
Listing Agent
Dallas Lightner
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LT Real Estate
(509) 631-9650