$425,000

Estimated payment $2,591/month

Total Views 3,227
6 Beds
2 Baths
2,084 Sq Ft
$204 Price per Sq Ft

Highlights

  • City View
  • Craftsman Architecture
  • Patio
  • North Central High School Rated A-
  • Property is near public transit
  • 5-minute walk to A. M. Cannon Park

About This Home

6-Bedroom, 2.5-Bathroom SRO Investment Property – High Cash Flow Opportunity! Well-maintained and income-generating Single Room Occupancy (SRO) property featuring 6 private bedrooms and 2.5 shared bathrooms. This single-family home is rented by the room, generating a gross monthly income of $4275.00. An SRO (Single Room Occupancy) model provides tenants with private rooms while sharing common areas such as the kitchen, bathrooms, and living spaces, making this a popular and affordable housing option. Investor Highlights: - All tenants on flexible month-to-month leases - Potential for increased cash flow and rental growth - Privately managed and well-maintained property This property is available for purchase individually or as part of a larger, high-performing rental portfolio, available at a discounted package rate. Call or Text the listing agent today to schedule a tour or request more information about this unique investment opportunity!

Listing Agent

Brendan Hollenbaugh

Amplify Real Estate Services Brokerage Phone: (509) 999-8507 License #21000350 Listed on: 07/31/2025

Amplify Real Estate Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,512

Year Built

  • Built in 1907

Lot Details

  • 6,000 Sq Ft Lot
  • Dirt Road
  • Fenced
  • Level Lot
  • Sprinkler System

Home Design

  • Craftsman Architecture
  • Vinyl Siding

Interior Spaces

  • 2,084 Sq Ft Home
  • 1.5-Story Property
  • City Views
  • Partially Finished Basement

Kitchen

  • Free-Standing Range
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Alley Access
  • Off-Site Parking

Schools

  • Yasuhara Middle School
  • North Central High School

Utilities

  • Forced Air Heating and Cooling System
  • Hot Water Heating System
  • Gas Available
  • High Speed Internet

Additional Features

  • Patio
  • Property is near public transit

Community Details

  • 6 Units
  • Community Deck or Porch

Listing and Financial Details

  • Assessor Parcel Number 25124.1715

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,512

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Year Built: 1907
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • ResoLotFeatures: Fencing, Sprinkler - Automatic, Level, City Bus (w/in 6 blks)
  • Lot Size Acres: 0.14
  • Road Frontage Type: City Street, Dirt Road
  • View Type:Pond View: City
  • Reso Association Amenities: Deck, Patio, Gas, See Remarks
  • Attribution Contact: Main: (509) 999-8507
  • Co List Office Phone: +1 (509) 294-75
  • MLS Status: Active
  • Architectural Style: Craftsman
  • Reso Structure Type: One and a Half Story
  • HighSpeedInternet: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial, Unfinished, Walk-Out Access
  • Appliances: Free-Standing Range, Dishwasher, Refrigerator, Washer, Dryer
  • Total Bedrooms: 6

Exterior Features

  • Roof: Composition
  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: Off Site, Alley Access

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air, Hot Water
  • NumberOfRanges: 1

Schools

  • Elementary School: Holmes
  • High School: North Central
  • Middle Or Junior School: Yasuhara

Lot Info

  • Parcel Number: 25124.1715
  • Lot Size Sq Ft: 6000
  • Additional Parcels: No

Multi Family

  • Number Of Units Total: 6

Tax Info

  • Tax Annual Amount: 3511.94

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $3,512 $356,500 $75,000 $281,500
2024 $3,512 $353,800 $66,000 $287,800
2023 $3,870 $371,400 $60,000 $311,400
2022 $3,569 $395,700 $50,000 $345,700
2021 $2,914 $244,800 $30,000 $214,800
2020 $2,719 $220,000 $24,500 $195,500
2019 $2,276 $190,300 $20,000 $170,300
2018 $2,385 $171,300 $18,000 $153,300
2017 $1,994 $145,800 $18,000 $127,800
2016 $1,967 $140,700 $18,000 $122,700
2015 $2,010 $140,700 $18,000 $122,700
2014 -- $147,000 $18,000 $129,000
2013 -- $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2025 07/31/25 For Sale $425,000 +13.3% $204 / Sq Ft
07/18/2022 07/18/22 Sold $375,000 -11.8% $100 / Sq Ft
04/20/2022 04/20/22 Pending -- -- --
03/18/2022 03/18/22 Price Changed $425,000 -5.6% $113 / Sq Ft
01/10/2022 01/10/22 For Sale $450,000 -- $119 / Sq Ft
Source: Spokane Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- First American Title
Warranty Deed -- Spokane County Title Company
Interfamily Deed Transfer -- First American Title Ins Co
Quit Claim Deed -- Spokane County Title Co
Interfamily Deed Transfer -- Pacific Northwest Title
Special Warranty Deed $129,900 Pacific Nw Title
Warranty Deed $131,700 Pacific Nw Title
Warranty Deed $89,900 First American Title Ins
Bargain Sale Deed $37,500 Pioneer Title Company
Warranty Deed $45,000 Pioneer Title Company
Quit Claim Deed -- Spokane County Title Co
Quit Claim Deed -- Pioneer Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,399,500 New Conventional
Previous Owner $558,750 Commercial
Previous Owner $160,000 Purchase Money Mortgage
Previous Owner $140,000 Unknown
Previous Owner $17,000 Unknown
Previous Owner $103,900 Fannie Mae Freddie Mac
Previous Owner $116,910 Fannie Mae Freddie Mac
Previous Owner $91,698 VA
Previous Owner $77,500 No Value Available
Previous Owner $40,500 No Value Available
Source: Public Records

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Source: Spokane Association of REALTORS®

MLS Number: 202521519

Spokane Association of REALTORS®

APN: 25124.1715