$400,000

2224 N Park Rd Spokane Valley, WA 99212

Estimated payment $2,558/month

Total Views 9,825
3 Beds
2 Baths
1,120 Sq Ft
$357 Price per Sq Ft

Highlights

  • Territorial View
  • Patio
  • Forced Air Heating System
  • No HOA
  • 1-Story Property
  • High Speed Internet

About This Home

Investment opportunity in Spokane Valley! This unique property features two separate homes on one parcel—ideal for generating rental income or house hacking. Whether you're an investor looking for a solid asset or a buyer hoping to live in one unit while renting out the other, this setup offers flexibility and opportunity with some sweat equity. Each home has its own private entrance and living space, giving tenants or occupants privacy and independence. Located in a convenient area with easy access to shopping, transit, and local amenities, this property checks all the boxes for creative investors. Don't miss your chance to own a rare multi-unit opportunity with endless potential!

Listing Agent

Patrick Libey

Avalon 24 Real Estate License #SP41950 Listed on: 05/15/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,099

Year Built

  • Built in 1935

Lot Details

  • 0.42 Acre Lot
  • Level Lot
  • Property is zoned IMU, IMU

Parking

  • No Garage

Home Design

  • Concrete Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,120 Sq Ft Home
  • 1-Story Property
  • Territorial Views
  • Crawl Space
  • Electric Oven or Range

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Available
  • High Speed Internet

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 45073.2113

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,099

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Sub Type: Site Built < 2 Acre
  • Prop. Type: Residential
  • Lot Size Acres: 0.42
  • Lot Size: 18255
  • Road Surface Type: Paved
  • Subdivision Name: N/A
  • Directions: Take W Riverside Ave and E M.L.K. Jr Way to E Trent Ave, Turn right onto E Trent Ave, Turn left onto N Park Rd
  • Year Built: 1935
  • General Property Description:Lot Acres2: 0.42
  • General Property Description:Lot Type 1: Residential
  • Legal and Taxes:Zoning2: IMU
  • Legal and Taxes:Tax Year2: 2024
  • View:Territorial: Yes
  • Road Paved: Yes
  • Water:City5: Yes
  • Sewer:City Sewer: Yes
  • General Property Description:Building Style: Single Level
  • General Property Description:New Construction: No
  • Property Subject to:Homeowners Assoc: None
  • Property Subject to:Flood Zone: No
  • Common Walls:No Common Walls: Yes
  • Appliances Refrigerators: Yes
  • Foundation:Concrete: Yes
  • Roof:Comp Shingle: Yes
  • Flooring:Carpet: Yes
  • Flooring:Laminate: Yes
  • Fuel:Gas: Yes
  • Exterior:Wood2: Yes
  • General Property Description:Total SqFt2: 1120.0
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Range/Oven - Elec
  • Has Basement: None, Crawl Space
  • Basement YN: No
  • Total Bedrooms: 3
  • Flooring: Laminate, Carpet
  • Interior Amenities: High Speed Internet
  • Living Area: 1120.0
  • Other Rooms:Main Floor Utilities: Yes
  • Appliances:RangeOven - Elec: Yes
  • Interior Features:High Speed Internet: Yes
  • Basement:None Crawl Space: Yes

Exterior Features

  • Lot Features: Level
  • View: Territorial
  • Common Walls: No Common Walls
  • Construction Type: Wood, Frame
  • Exterior Features: Open Patio, See Remarks
  • Foundation Details: Concrete Perimeter
  • Roof: Composition
  • Exterior Features:Open Patio: Yes
  • Exterior Features:See Remarks3: Yes
  • Construction:Frame: Yes
  • Lot Features:Level: Yes

Garage/Parking

  • Attached Garage: No
  • General Property Description:Garage Type2: None
  • General Property Description:Garage Stall2: None

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Other

Lot Info

  • Lot Size Sq Ft: 18295.2
  • Additional Parcels Description: N/A
  • Parcel #: 45073.2113
  • Zoning: IMU

Tax Info

  • Tax Annual Amount: 4099.37
  • Tax Year: 2024

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 $4,099 $333,100 $120,000 $213,100
2024 $4,099 $306,330 $109,530 $196,800
2023 $3,030 $298,930 $109,530 $189,400
2022 $3,032 $211,940 $45,640 $166,300
2021 $2,938 $158,440 $45,640 $112,800
2020 $2,799 $131,540 $45,640 $85,900
2019 $2,438 $117,840 $45,640 $72,200
2018 $2,759 $117,840 $45,640 $72,200
2017 $2,660 $117,840 $45,640 $72,200
2016 $2,662 $115,540 $45,640 $69,900
2015 $2,747 $118,240 $45,640 $72,600
2014 -- $118,240 $45,640 $72,600
2013 -- $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2025 05/15/25 For Sale $400,000 -- $357 / Sq Ft
Source: Coeur d'Alene Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Warranty Deed $228,980 Stewart Title Of Spokane
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $191,660 Unknown
Previous Owner $50,000 Unknown
Source: Public Records

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Source: Coeur d'Alene Multiple Listing Service

MLS Number: 25-4865

Coeur d

APN: 45073.2113