$235,000
$15K PRICE DROP

Estimated payment $1,453/month

Total Views 18,437
3 Beds
1 Bath
936 Sq Ft
$251 Price per Sq Ft

Highlights

  • City View
  • No HOA
  • Level Lot
  • Sacajawea Middle School Rated A-
  • Fenced
  • Heating Available

About This Home

7.6% CAP RATE POTENTIAL. High-performance investment opportunity in Spokane’s desirable Cliff-Cannon neighborhood! This 3-bedroom, 1-bath cottage is perfectly positioned for the medical professional tenant pool, just minutes from the hospital district and Downtown core. Pro-forma market rent is estimated at $2,100/mo, delivering a projected 7.6% cap rate at the $235,000 price point. Delivered fully vacant, this property allows a new owner to establish a fresh market-rate baseline under 2026 rent stabilization guidelines. Featuring a newer roof, fresh exterior paint, and a compact, low-maintenance footprint, this asset is designed for consistent occupancy and high yield. Ideally situated in a resilient rental sub-market with historically low vacancy. Buyer to verify all financial projections, square footage, and local rental regulations.

Listing Agent

Noah Ullah

Epique Realty License #23084 Listed on: 04/11/2026

Epique Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,404

Year Built

  • Built in 1954

Lot Details

  • 4,205 Sq Ft Lot
  • Fenced
  • Level Lot

Parking

  • Off-Site Parking

Interior Spaces

  • 936 Sq Ft Home
  • 1-Story Property
  • City Views
  • Free-Standing Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Ductless Heating Or Cooling System
  • Heating Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 25241.5018

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,404

Year Built

Built in 1954

Lot Details

4,205 Sq Ft Lot

Listing Details

  • Year Built: 1954
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • ResoLotFeatures: Fencing, Level
  • Lot Size Acres: 0.1
  • Road Frontage Type: City Street, Paved Road
  • View Type:Pond View: City
  • Co List Office Phone: 360-815-6637
  • MLS Status: Active
  • Architectural Style: Ranch
  • ResoBuildingAreaSource: Public Records
  • New Construction: No
  • Reso Structure Type: One Story
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space
  • Appliances: Free-Standing Range, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 1

Exterior Features

  • Roof: Composition
  • Construction Type: Wood Siding

Garage/Parking

  • Parking Features: Off Site

Utilities

  • Heating: Electric, Ductless

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Parcel Number: 25241.5018
  • Lot Size Sq Ft: 4205
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 2404
  • Tax Database ID: 1

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 $2,181 $234,200 $82,800 $151,400
2024 $2,181 $219,300 $72,000 $147,300
2023 $2,055 $219,300 $72,000 $147,300
2022 $1,798 $209,500 $72,000 $137,500
2021 $1,507 $126,100 $34,200 $91,900
2020 $1,448 $116,700 $31,500 $85,200
2019 $1,328 $110,800 $31,500 $79,300
2018 $1,430 $102,500 $27,000 $75,500
2017 $1,311 $95,700 $27,000 $68,700
2016 $1,206 $86,100 $27,000 $59,100
2015 $1,196 $83,500 $27,000 $56,500
2014 -- $93,500 $30,000 $63,500
2013 -- $0 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/30/2026 04/30/26 Price Changed $235,000 -6.0% $251 / Sq Ft
04/11/2026 04/11/26 For Sale $250,000 +557.9% $267 / Sq Ft
06/13/2013 06/13/13 Sold $38,000 -9.0% $41 / Sq Ft View Prior Sale
06/06/2013 06/06/13 Pending -- -- --
05/03/2013 05/03/13 For Sale $41,750 -- $45 / Sq Ft
Source: Spokane Association of REALTORS®

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Available
Bargain Sale Deed $38,000 Chicago Title Company
Trustee Deed $88,537 First American Title Ins Co
Warranty Deed $89,000 Pacific Nw Title
Warranty Deed $53,000 Spokane County Title Co
Trustee Deed $76,854 Spokane County Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $80,100 Purchase Money Mortgage
Previous Owner $51,916 No Value Available
Source: Public Records

Source: Spokane Association of REALTORS®

MLS Number: 202615277

Spokane Association of REALTORS®

APN: 25241.5018

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