$550,000
SOLD APR 11, 2025

2628 E Wellesley Ave Spokane, WA 99217

Bemiss Neighborhood
8 Beds
4 Baths
3,300 Sq Ft
10,306 Sq Ft Lot

Recently Sold

$167 Per Sq Ft

8% Below List Price

133 Days on Market

Highlights

  • City View
  • Corner Lot
  • Baseboard Heating
  • Property is near public transit

About This Home

As of April 2025

This well-cared-for 4-plex offers prime convenience near bus lines, shopping, and dining, making it highly attractive for tenants. Each spacious unit includes 2 bedrooms and 1 bathroom, with recent updates adding fresh appeal throughout. All units are equipped with a dishwasher, range, and refrigerator for ease of living. The property also provides both covered and off-street parking, enhancing resident comfort. A fantastic investment in a sought-after location—don’t let this one slip by!

Last Agent to Sell the Property

Lee Arnold

Keller Williams Spokane - Main License #25890 Listed on: 10/29/2024

Keller Williams Spokane - Main

Co-Listed By

Michelle Eyraud-Mendez

Cogo Realty License #22037767

Last Buyer's Agent

Patrick Stillman

eXp Realty, LLC Branch License #139058

eXp Realty, LLC Branch

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,341

Year Built

  • Built in 1978

Lot Details

  • 10,306 Sq Ft Lot
  • Corner Lot
  • Level Lot
  • 35041.0202

Home Design

  • Duplex

Interior Spaces

  • 3,300 Sq Ft Home
  • City Views
  • Free-Standing Range

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Carport Spaces
  • Off-Site Parking

Location

  • Property is near public transit

Schools

  • Shaw Middle School
  • Rogers High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 35041.0201

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,341

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Year Built: 1978
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • ResoLotFeatures: Level, Corner Lot, City Bus (w/in 6 blks)
  • Lot Size Acres: 0.24
  • Road Frontage Type: City Street, Paved Road
  • View Type:Pond View: City
  • Reso Association Amenities: None
  • Co List Office Mls Id: SAR1665
  • Co List Office Phone: +1 (208) 620-9171
  • Co List Office Phone: +1 (509) 458-4000
  • MLS Status: Sold
  • Architectural Style: Other
  • Reso Structure Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Finished
  • Appliances: Free-Standing Range, Refrigerator
  • Total Bedrooms: 8

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Wood

Garage/Parking

  • Parking Features: Carport, Off Site

Utilities

  • Cooling: Window Unit(s)
  • Heating: Electric, Baseboard
  • NumberOfRanges: 4

Schools

  • Elementary School: Regal
  • High School: Rogers
  • Middle Or Junior School: Shaw

Lot Info

  • Parcel Number: 35041.0201
  • Lot Size Sq Ft: 10306
  • Additional Parcels Description: 35041.0202
  • Additional Parcels: Yes

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 5340.71

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2024
Closed on
Apr 3, 2025
Sold by
First Choice Real Estate Investment Llc
Bought by
Walcott Gregory and Vando Ang Van
Seller's Agent
Lee Arnold
Keller Williams Spokane - Main
Buyer's Agent
Patrick Stillman
eXp Realty, LLC Branch
List Price
$599,900
Sold Price
$550,000
Premium/Discount to List
-$49,900
-8.32%
Views
121
Current Estimated Value
$543,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,000
Avg. Annual Appreciation
7.14%
Original Mortgage
$412,500
Outstanding Balance
$411,789
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$149,711

Purchase Details

Listed on
Sep 6, 2024
Closed on
Oct 10, 2024
Sold by
Secured Investment High Yield Fund Ii Ll
Bought by
First Choice Real Estate Investments Llc
Seller's Agent
Lee Arnold
Keller Williams Spokane - Main
Buyer's Agent
Lee Arnold
Keller Williams Spokane - Main
List Price
$499,900
Sold Price
$449,900
Premium/Discount to List
-$50,000
-10%
Views
35

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
50.68%
Original Mortgage
$437,034
Interest Rate
6.35%
Mortgage Type
Construction

Purchase Details

Listed on
Sep 6, 2024
Closed on
Sep 4, 2024
Sold by
Mccluskey P B P and Mccluskey Paul B
Bought by
Secured Investment High Yield Fund Ii Llc
Seller's Agent
Lee Arnold
Keller Williams Spokane - Main
Buyer's Agent
Lee Arnold
Keller Williams Spokane - Main
List Price
$499,900
Sold Price
$449,900
Premium/Discount to List
-$50,000
-10%
Views
35

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,034
Interest Rate
6.35%
Mortgage Type
Construction
Source: Public Records

Similar Homes in Spokane, WA

  • 4722 N Regal St, Spokane, WA 99217

    $450,000

    • 7 Beds
    • 2 Baths
    • 3,406 Sq Ft
    • 4722 N Regal St
    • Spokane, WA

    7-Bedroom, 2.5-Bathroom SRO Investment Property – High Cash Flow Opportunity! Well-maintained and income-generating Single Room Occupancy (SRO) property featuring 7 private bedrooms and 2.5 shared bathrooms. This single-family home is rented by the room, generating a gross monthly income of $4925.00! An SRO (Single Room Occupancy) model provides tenants with private rooms while sharing common

    Brendan Hollenbaugh Amplify Real Estate Services

    Section Image
  • 4822 N Lee St, Spokane, WA 99207

    $465,000

    • 6 Beds
    • 3 Baths
    • 2,144 Sq Ft
    • 4822 N Lee St
    • Spokane, WA

    Check out this fully occupied triplex offering three 2 Bed / 1 Bath units with a combined rental income of $3,882/month. Each unit is well-maintained and enjoys access to a fenced yard, providing added privacy and outdoor space. Located just steps from Kehoe Park, this property is ideal for investors seeking immediate cash flow or a buyer looking for a great owner-occupancy opportunity—live in

    Ryan Towner LT Real Estate

    Section Image
  • 2411 E Columbia Ave, Spokane, WA 99208

    $500,000

    • 6 Beds
    • 4 Baths
    • 2,928 Sq Ft
    • 2411 E Columbia Ave
    • Spokane, WA

    Nice size 2 story duplex offering 3Bd, 2.5Bth and about 1500 sq.ft. per side. Open Great room design on the main floor. The kitchen is spacious and offers a breakfast bar along side the informal dining area. Outside you will find a patio as well as separately fenced back yards. The master suite features a full bathroom and a walk-in closet, plus the laundry closet is right outside the door. The

    Natalia Seefeldt Regal Real Estate

    Section Image
  • 6027 N Smith St, Spokane, WA 99208

    $659,900

    • 6 Beds
    • 6 Baths
    • 3,080 Sq Ft
    • 6027 N Smith St
    • Spokane, WA

    Discover your next investment opportunity with this exceptional rental duplex! Situated in a prime location, perfectly positioned to attract potential tenants. Its close proximity to dining and groceries ensures both convenience and accessibility! Each unit boasts 3 bedrooms & 2.5 baths across a generous 1,540 sq/ft of living space. The entry welcomes you with a coat closet and an accommodating

    Nick Grishko Kelly Right Real Estate of Spokane

    Section Image
  • 923 E Everett Ave Unit 921 E Everett Ave, Spokane, WA 99207

    $599,000

    • 6 Beds
    • 6 Baths
    • 2,948 Sq Ft
    • 923 E Everett Ave
    • Unit 921 E Everett Ave
    • Spokane, WA

    Dynamite Duplex Deal! Come discover this NEW construction, beautifully built duplex completed in 2025! This two-story property is a turnkey investment opportunity with strong rental potential & low-maintenance appeal. Each side of the duplex offers a spacious, modern layout featuring 3 bedrooms, 2.5 baths, a dedicated laundry room, & an attached one-car garage with separate driveways at 1,474 sq

    Leslie Plaksin Kelly Right Real Estate of Spokane

    Section Image
  • 908 E Rockwell Ave Unit 910, Spokane, WA 99207

    $420,000

    • 6 Beds
    • 2 Baths
    • 2,240 Sq Ft
    • 908 E Rockwell Ave
    • Unit 910
    • Spokane, WA

    Househackers, here's your chance to live for less! This well-maintained duplex lets you move into the lower unit—vacant by the end of the month—while the upstairs tenant brings in $1,550/month to offset your mortgage. Recent upgrades include a newer roof, fresh exterior paint, and brand-new carpet in the lower unit. Each unit features private, fenced yards—plus a private deck for the upper. A

    Haydn Halsted REAL Broker LLC

    Section Image
  • 2911 E Illinois Ave, Spokane, WA 99207

    $475,000

    • 8 Beds
    • 5 Baths
    • 5,655 Sq Ft
    • 2911 E Illinois Ave
    • Spokane, WA

    VIEW! Brick 4-plex with new laminated comp roof. Very happy long term tenants! This property was originally built as a duplex. Two egress apartments were finished out in the basement at some time. Off street parking (4 carports plus 3 uncovered). Easy N/S Access. Property is 100% occupied. The biggest apartment (2911) has 3 bedrooms, 2 baths, living room with fireplace, and family

    Bob Cooke R.H. Cooke & Associates

    Section Image
  • 2905 E Illinois Ave, Spokane, WA 99207

    $425,000

    • 6 Beds
    • 4 Baths
    • 3,255 Sq Ft
    • 2905 E Illinois Ave
    • Spokane, WA

    VIEW! Clean updated 4-plex. All units are occupied with very happy tenants! All units have fireplaces. Beautiful hardwood floors. Tile roof. Low maintenance vinyl siding with brick accent. Includes 4 garages plus uncovered off street parking. Easy N/S Access. Separately metered. Estate sale. Priced well under assessed value of $578,780. Neighboring building at is also listed for

    Bob Cooke R.H. Cooke & Associates

    Section Image
  • 1418 E Dalton Ave, Spokane, WA 99207

    $525,000

    • 7 Beds
    • 4 Baths
    • 3,000 Sq Ft
    • 1418 E Dalton Ave
    • Spokane, WA

    Great low maintenance duplex with long term tenants. New roof in 2021. First unit (1418) has 4 bedrooms, 2 in lower level with egress, 1 bathroom down and 1 bathroom on the main floor. Second unit (1420) has 3 bedrooms, the 3rd one in the lower level with egress and a bathroom on each floor. Lower level of second unit was remodeled in 2023. Fenced yard. Conveniently located close to downtown,

    Marilou Buan EXIT Real Estate North

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $550,000 First American Title
Warranty Deed $449,900 First American Title
Warranty Deed $346,266 Wfg National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $412,500 New Conventional
Previous Owner $437,034 Construction
Previous Owner $93,925 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2025 04/11/25 Sold $550,000 -8.3% $167 / Sq Ft
03/11/2025 03/11/25 Pending -- -- --
10/29/2024 10/29/24 For Sale $599,900 +33.3% $182 / Sq Ft
10/15/2024 10/15/24 Sold $449,900 -10.0% $68 / Sq Ft
09/11/2024 09/11/24 Pending -- -- --
09/11/2024 09/11/24 Price Changed $499,900 0.0% $76 / Sq Ft
09/10/2024 09/10/24 Pending -- -- --
09/06/2024 09/06/24 For Sale $499,900 -- $76 / Sq Ft
Source: Spokane Association of REALTORS®

Tax History Compared to Growth

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 $350 $40,600 $37,500 $3,100
2024 $350 $34,160 $30,860 $3,300
2023 $389 $34,160 $30,860 $3,300
2022 $269 $38,660 $30,860 $7,800
2021 $273 $22,030 $15,430 $6,600
2020 $279 $21,730 $15,430 $6,300
2019 $264 $21,530 $15,430 $6,100
2018 $270 $18,960 $12,860 $6,100
2017 $265 $18,960 $12,860 $6,100
2016 $244 $17,060 $12,860 $4,200
2015 $250 $17,060 $12,860 $4,200
2014 -- $17,050 $12,850 $4,200
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Spokane Association of REALTORS®

MLS Number: 202424987

Spokane Association of REALTORS®

APN: 35041.0201