$400,000

2224 N Park Rd Spokane Valley, WA 99212

Estimated payment $2,558/month

Total Views 9,712
3 Beds
4 Baths
1,856 Sq Ft
$216 Price per Sq Ft

Highlights

  • 1 Car Detached Garage
  • Forced Air Heating System
  • 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 #116242 Listed on: 05/15/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,099

Year Built

  • Built in 1935

Lot Details

  • 0.42 Acre Lot

Parking

  • 1 Car Detached Garage
  • Off-Site Parking

Home Design

  • 1,856 Sq Ft Home
  • Vinyl Siding

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Bathrooms

Schools

  • Centennial Middle School
  • West Valley High School

Utilities

  • Forced Air Heating System
  • High Speed Internet

Additional Features

  • Partially Finished Basement

Community Details

  • 2 Units
  • Orchard Ave Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 45073.2113

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,099

Year Built

Built in 1935

Lot Details

0

Parking

1

Listing Details

  • Year Built: 1935
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • Lot Size Acres: 0.42
  • Road Frontage Type: City Street
  • Reso Association Amenities: None
  • Co List Office Phone: +1 (208) 215-20
  • MLS Status: Active
  • Subdivision Name: Orchard Ave Add
  • Reso Structure Type: One Story
  • Master Plan Zoning: IMU
  • HighSpeedInternet: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial, Unfinished
  • Total Bedrooms: 3

Exterior Features

  • Roof: Composition
  • Construction Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Detached, RV Access/Parking, Off Site

Utilities

  • Heating: Natural Gas, Forced Air

Schools

  • Elementary School: Orchard Elementary
  • High School: West Valley
  • Middle Or Junior School: Centennial

Lot Info

  • Parcel Number: 45073.2113
  • Lot Size Sq Ft: 18255

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4099.37

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

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: Spokane Association of REALTORS®

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: Spokane Association of REALTORS®

MLS Number: 202516894

Spokane Association of REALTORS®

APN: 45073.2113