NOT LISTED FOR SALE
6 Beds
4 Baths
2,248 Sq Ft
4,792 Sq Ft

Last Sold December 27, 2021

Last sale price $565,000 $251 Per Sq Ft

10 Days on Market

Highlights

  • Traditional Architecture
  • Corner Lot
  • Cooling System Mounted In Outer Wall Opening
  • Lewis & Clark High School Rated A
  • 2 Car Detached Garage
  • Landscaped with Trees

About This Home

As of December 2021

Here is your opportunity to own a great 4 Plex in the Gonzaga area. Get the passive income you have been waiting for with $4750 a month in gross rents and potential to increase! All in a highly sought after location with low vacancy. One of the units has been made available to show and the other three units are occupied. 2 units have 2 bedrooms and 1 bath and the other 2 units have 1 bedroom and 1 bath. Building is a 2 story with a metal roof, newer vinyl siding and stairs. Detached garage can be rented for extra income along with 4 onsite parking spots and there is an timed sprinkler system. Corner lot with a side yard and large front yard! Close to all. This is a 4 unit multi-unit building and will qualify for owner financing to live in one unit and collect rent on the rest. Either way this Gonzaga property is a a huge WIN!

Last Agent to Sell the Property

Todd Grubb

Keller Williams Spokane - Main License #101798 Listed on: 10/30/2021

Keller Williams Spokane - Main

Last Buyer's Agent

Melissa Murphy

Prime Real Estate Group License #24076

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,623

Year Built

  • Built in 1900

Lot Details

  • 5,000 Sq Ft Lot
  • Corner Lot
  • Level Lot
  • Sprinkler System
  • Landscaped with Trees

Home Design

  • Traditional Architecture
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 2,248 Sq Ft Home
  • 2-Story Property
  • Free-Standing Range

Parking

  • 2 Car Detached Garage
  • Shared Driveway
  • Off-Street Parking

Schools

  • Logan Elementary School
  • Shaw Middle School
  • Lewis & Clark High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating Available
  • 200+ Amp Service

Listing and Financial Details

  • Assessor Parcel Number 35083.3210

Community Details

Overview

  • 4 Units

Building Details

  • Insurance Expense $1,065
  • Other Expense $715

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,623

Year Built

Built in 1900

Lot Details

5,000 Sq Ft Lot

Listing Details

  • Sub Type: Rental Income
  • Access: Pub Rd, Paved
  • Class: Rental Income
  • Excluded Items: Tenants belongings
  • Year Built: 1900
  • Style Of Construction: 2 Story
  • Lvt Date: 10/30/2021
  • Common Interest Community: No
  • Geo Address Line: 227 E Ermina Ave
  • Geo Primary City: Spokane
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 10/31/2021 10:00:07 PM
  • Geo Zoom Level: 15
  • Sr High: Lewis & Clark
  • Year Renovated: 2021
  • Jr High: Shaw
  • Allow Public Comments: Yes
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Approx Sq Ft: 2248
  • Price Per Sq Ft: 251.33
  • Number of Stories: 2
  • Special Features: Vinyl Wn Fr
  • Design: Traditional
  • Features: Breakers, 200 AMP
  • Kitchen Appliances: Fr Stnd Rng, Refrig
  • Number of Ranges: 4
  • Number of Refrigerators: 4

Exterior Features

  • Exterior: Vinyl
  • Roof: Metal

Garage/Parking

  • Garage Parking: Detached, Off St Prkg, Shared Drv
  • Garage Size: 2
  • Number Garages: 1
  • Number Parking Spaces: 4

Utilities

  • Heating/Cooling: Elec, El Wall Unit
  • Power Company: Avista
  • Water Company: City

Schools

  • School District: Spokane Dist 81
  • Elementary School: Logan

Lot Info

  • Acres Mol: 0.11
  • Estimated Lot Sq Ft: 5000
  • Loc Dir E W: E
  • Loc Numberblk E W: 2
  • Estimated Lot Dimension Depth: 100
  • Lot Information: Spr Sys, Treed, Level, Corner
  • Parcel Number: 35083.3210
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr
  • Loc Numberblk N S: 21

Tax Info

  • Taxes: 2623

Multi Family

  • Number Of Units: 4
  • Number Units A: 1
  • Number Units B: 2
  • Number Units C: 3
  • Number Units D: 4
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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 List to Sale Price per Sq Ft
12/27/2021 12/27/21 Sold $565,000 +4.6% $251 / Sq Ft
11/09/2021 11/09/21 Pending -- -- --
10/30/2021 10/30/21 For Sale $540,000 -- $240 / Sq Ft
Source: Spokane Association of REALTORS®

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 $3,979 $372,800 $68,000 $304,800
2024 $3,979 $401,000 $110,000 $291,000
2023 $4,734 $434,400 $110,000 $324,400
2022 $3,118 $484,300 $40,000 $444,300
2021 $2,204 $184,900 $40,000 $144,900
2020 $1,994 $161,100 $30,000 $131,100
2019 $1,871 $156,300 $30,000 $126,300
2018 $2,176 $156,300 $30,000 $126,300
2017 $2,137 $156,300 $30,000 $126,300
2016 $2,194 $157,000 $30,000 $127,000
2015 $2,157 $151,000 $30,000 $121,000
2014 -- $151,000 $30,000 $121,000
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202124564

Spokane Association of REALTORS®

APN: 35083.3210

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