$560,000
SOLD APR 23, 2024
-- Bed
-- Bath
3,324 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$168 Per Sq Ft

3 Days on Market

Highlights

  • Territorial View
  • No HOA
  • Fireplace
  • Sacajawea Middle School Rated A-
  • Covered patio or porch
  • Baseboard Heating

About This Home

As of April 2024

Welcome to your next investment opportunity nestled in the heart of Spokane - a charming triplex, yielding nearly a 6.5% cap rate, boasting a rich history of great tenants. Situated in the coveted south hill, this triplex offers convenience and accessibility to all that Spokane has to offer. With its great rental history and 100% occupancy rate, you're stepping into a lucrative venture from day one. Whether you're a seasoned investor looking to expand your portfolio or a newcomer seeking a stable income stream, this triplex presents an unparalleled opportunity to grow your portfolio. From refreshed interiors to upgraded amenities, this triplex won't disappoint. Parking is no problem with the added 3 stall garage with openers in addition to off-street parking.

Last Agent to Sell the Property

Patrick Libey

Avalon 24 Real Estate License #SP41950 Listed on: 03/18/2024

Last Buyer's Agent

Rebecca Ruark

Windermere Valley/Liberty Lake License #SP40191

Windermere Valley/Liberty Lake

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,780

Year Built

  • Built in 1906 | Remodeled in 2010

Lot Details

  • 6,970 Sq Ft Lot
  • Property is Fully Fenced
  • Level Lot

Home Design

  • Duplex
  • Concrete Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Lap Siding

Interior Spaces

  • 3,324 Sq Ft Home
  • Multi-Level Property
  • Fireplace
  • Territorial Views

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Covered patio or porch

Utilities

  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Gas Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 25244.3609

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Gross Income $49,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,780

Year Built

Built in 1906 | Remodeled in 2010

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: MultiFamily
  • Lot Size Acres: 0.16
  • Lot Size: 7100
  • Road Surface Type: Paved
  • Subdivision Name: N/A
  • Directions: South on Maple, west on 8th two blocks. Property is third house on the right fron corner of 8th and Ash.
  • Architectural Style: Multi Level
  • Year Built: 1906
  • General Property Description:Lot Acres2: 0.16
  • General Property Description:Lot Type 1: Duplex/Multi
  • Legal and Taxes:Zoning2: RMF
  • Legal and Taxes:Tax Year2: 2023
  • Property Subject To:Homeowners Assoc2: No
  • Property Subject To:Flood Zone2: No
  • View:Territorial: Yes
  • Road Paved: Yes
  • Water:City5: Yes
  • Sewer:City Sewer: Yes
  • General Property Description:Building Style: Multi Level
  • General Property Description:Remodeled: Yes
  • General Property Description:Year of Remodel: 2010
  • General Property Description:New Construction: No
  • Bsmt:Full Size: Yes
  • Foundation:Concrete: Yes
  • Roof:Comp Shingle: Yes
  • Fuel:Gas: Yes
  • General Property Description:Total SqFt2: 3324.0
  • Special Features: None
  • Year Renovated: 2010

Interior Features

  • Has Basement: Part Finished, Walk-Out Access
  • Basement YN: Yes
  • Interior Amenities: Cable TV, Fireplace, High Speed Internet
  • Living Area: 3324.0
  • ResoLivingAreaSource: Assessor
  • Interior Features:Fireplace: Yes
  • Interior Features:High Speed Internet: Yes
  • Interior Features:Cable TV: Yes
  • Basement:Walk-Out Access: Yes
  • Basement:Part Finished: Yes

Exterior Features

  • Lot Features: Level
  • View: Territorial
  • Construction Type: Lap Siding, Frame
  • Exterior Features: Covered Porch, Fencing - Full
  • Foundation Details: Concrete Perimeter
  • Other Structures: See Remarks
  • Roof: Composition
  • Exterior Features:Fencing - Full: Yes
  • Construction:Frame: Yes
  • Lot Features:Level: Yes
  • Exterior Features:Covered Porch: Yes
  • Exterior:Lap Siding: Yes

Garage/Parking

  • General Property Description:Garage Stall2: 2 Car

Utilities

  • Heating: Natural Gas, Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Baseboard: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Other

Lot Info

  • Lot Size Sq Ft: 6969.6
  • Additional Parcels Description: N/A
  • Parcel #: 25244.3609
  • Zoning: RMF

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 4779.85
  • Tax Year: 2023

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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
04/23/2024 04/23/24 Sold $560,000 +0.2% $168 / Sq Ft
03/22/2024 03/22/24 Pending -- -- --
03/18/2024 03/18/24 For Sale $559,000 +119.2% $168 / Sq Ft
12/05/2013 12/05/13 Sold $255,000 -1.9% $75 / Sq Ft
05/31/2013 05/31/13 Pending -- -- --
05/22/2013 05/22/13 For Sale $259,950 -- $76 / Sq Ft
Source: Coeur d'Alene Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coeur d'Alene Multiple Listing Service

MLS Number: 24-2087

Coeur d

APN: 25244.3609