$988,500
SOLD JUL 8, 2025

2516 N Nevada St Unit 2518,2520,2522,2524, Spokane, WA 99207

Logan Neighborhood
45 Beds
27 Baths
5,850 Sq Ft
0.46 Acres

Recently Sold

$169 Per Sq Ft

18 Days on Market

Highlights

  • 0.46 Acre Lot
  • Contemporary Architecture
  • Baseboard Heating
  • Lewis & Clark High School Rated A
  • Corner Lot
  • Laundry Facilities

About This Home

As of July 2025

INVESTORS should be interested in this 9-UNIT INCOME PROPERTY. Location is everything and this property is one mile or less from Gonzaga University, grocery stores, restaurants, pubs, parks, Centennial Trail, and more. This property consists of three side-by-side buildings, each with 3 units; and each with two 2 bedrooms and 1 bathroom and one 1 bedroom and 1 bathroom configurations. Each unit has its own unique floor plan. Most units have been refreshed with the changeover of tenants. There are three 3-car carports with newer roofs. And in March 2025 all three buildings’ exteriors were refurbished and painted including adding a no-slip surface applied on the painted stairs. All 9 units are occupied. Monthly Gross Rents are $10,215. Owner pays Electricity & Gas ($199/mo); Water, Sewer & Garbage ($707/mo). New property management as of 1/1/25 have had a very positive impact on this property’s operations and profitability. These three buildings may also be sold individually for $333,000 each.

Last Agent to Sell the Property

Rich King

Keller Williams Spokane - Main Brokerage Phone: (509) 703-8187 License #128097 Listed on: 04/10/2025

Last Buyer's Agent

Jake RADAWICK

Amplify Real Estate Services License #25008809

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,344

Year Built

  • Built in 1937

Lot Details

  • 0.46 Acre Lot
  • Corner Lot
  • Oversized Lot
  • Level Lot
  • Sprinkler System
  • 35081.4315 / 35081.4316

Home Design

  • Contemporary Architecture

Interior Spaces

  • 5,850 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement

Kitchen

  • Free-Standing Range
  • Dishwasher

Bedrooms and Bathrooms

  • 45 Bedrooms
  • 27 Bathrooms

Parking

  • 9 Parking Spaces
  • Carport
  • Off-Site Parking

Schools

  • Yasuhara Middle School
  • North Central High School

Utilities

  • Baseboard Heating

Community Details

  • 9 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 35081.4314

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,344

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Year Built: 1937
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • ResoLotFeatures: Sprinkler - Automatic, Level, Corner Lot, Oversized Lot
  • Lot Size Acres: 0.46
  • Road Frontage Type: City Street, Paved Road
  • Reso Association Amenities: Laundry
  • Attribution Contact: Main: (509) 703-8187
  • Co List Office Phone: +1 (509) 458-40
  • MLS Status: Sold
  • Architectural Style: Contemporary
  • Reso Interior Features: Multi Pn Wn
  • Reso Structure Type: Two Story
  • Master Plan Zoning: LDR
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Appliances: Free-Standing Range, Dishwasher, Refrigerator
  • Basement YN: Yes
  • Total Bedrooms: 45
  • Stories: 2

Exterior Features

  • Roof: Composition
  • Construction Type: Wood Siding

Garage/Parking

  • Parking Features: Carport, Off Site
  • Total Parking Spaces: 9

Utilities

  • Heating: Electric, Baseboard

Schools

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

Lot Info

  • Parcel Number: 35081.4314
  • Lot Size Sq Ft: 19800
  • Additional Parcels Description: 35081.4315 / 35081.4316
  • Additional Parcels: Yes

Multi Family

  • Number Of Units Total: 9

Tax Info

  • Tax Annual Amount: 9344

Range of Values:

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List Price
Sold Price
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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 Change Sq Ft Price
07/08/2025 07/08/25 Sold $988,500 0.0% $169 / Sq Ft
04/28/2025 04/28/25 Pending -- -- --
04/10/2025 04/10/25 For Sale $988,500 -- $169 / Sq Ft
Source: Spokane Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Rich King

    Seller's Agent in 2025

    Rich King

    Keller Williams Spokane - Main

    (509) 703-8187

    1 in this area

    172 Total Sales

    Rich King
    Section Image

  • J

    Buyer's Agent in 2025

    Jake RADAWICK

    Amplify Real Estate Services

    (253) 651-5472

    1 in this area

    2 Total Sales

    Jake RADAWICK
    Section Image
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Map

Source: Spokane Association of REALTORS®

MLS Number: 202514751

Spokane Association of REALTORS®
Washington Spokane County Spokane 99207 Logan

2516 N Nevada St Unit 2518,2520,2522,2524,, Spokane, WA

This home is located at 2516 N Nevada St Unit 2518,2520,2522,2524,, Spokane, WA 99207 and is currently priced at $988,500, approximately $168 per square foot. This property was built in 1937. 2516 N Nevada St Unit 2518,2520,2522,2524, is a home located in Spokane County with nearby schools including Logan Elementary School, Shaw Middle School, and Lewis & Clark High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Spokane Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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