NOT LISTED FOR SALE
3 Beds
2 Baths
-- Sq Ft
54,886 Sq Ft Lot

Last Sold October 31, 2022

Last sale price $4,800,000

14 Days on Market

Highlights

  • 1.26 Acre Lot
  • Cooling Available
  • High Speed Internet
  • Hamblen Elementary School Rated A-
  • Laundry Facilities
  • Heating Available

About This Home

As of October 2022

Great investor opportunity on the South Hill! This 28 unit apartment complex is close to schools and shopping with a beautiful green area and mature trees on the property. (14) 1 Bed/1 Bath Units & (14) 2 Bed/1 Bath Units Upside on Rents Great South Hill Location $219,000 NOI 4.38% Cap Rate

Last Agent to Sell the Property

Ryan Towner

LT Real Estate License #24027253 Listed on: 09/16/2022

Last Buyer's Agent

MISC MISC

NON MLS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1976

Lot Details

  • 1.26

Home Design

  • Composition Roof
  • Vinyl Siding

Parking

  • Carport
  • Off-Street Parking

Utilities

  • Cooling Available
  • Heating Available
  • High Speed Internet

Additional Features

  • 2-Story Property
  • 1.26 Acre Lot

Community Details

  • 28 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 35331.0308

Property Details

Home Type

Multi-Family

Year Built

Built in 1976

Lot Details

1.26 Acres

Listing Details

  • Sub Type: Rental Income
  • Access: Pub Rd, Paved
  • Class: Rental Income
  • Year Built: 1976
  • Style Of Construction: 2 Story
  • Lvt Date: 09/16/2022
  • Common Interest Community: No
  • Geo Address Line: 2707 E 32nd Ave
  • Geo Primary City: Spokane
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 9/17/2022 12:03:24 AM
  • Geo Zoom Level: 15
  • Allow Public Comments: Yes
  • High Speed Internet Avail: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Number of Stories: 2
  • Number of Ranges: 28
  • Number of Refrigerators: 28

Exterior Features

  • Exterior: Vinyl
  • Roof: Comp

Garage/Parking

  • Garage Parking: Carport, Off St Prkg
  • Garage Size: 0

Utilities

  • Heating/Cooling: Elec
  • Power Company: Avista
  • Water Company: City

Condo/Co-op/Association

  • Common Amenities: Lndry

Schools

  • School District: Spokane Dist 81

Lot Info

  • Acres Mol: 1.26
  • Estimated Lot Sq Ft: 54670
  • Estimated Lot Dimension Depth: 136
  • Parcel Number: 35331.0308
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr
  • Additional Assessor Parcel Numbers: 35331.0312
  • Multiple Parcels: Yes

Multi Family

  • Number Of Units: 28
  • Number Units A: 14
  • Number Units B: 14
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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
10/31/2022 10/31/22 Sold $4,800,000 -4.0% --
09/30/2022 09/30/22 Pending -- -- --
09/16/2022 09/16/22 For Sale $5,000,000 -- --
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 $40,040 $3,700,200 $328,020 $3,372,180
2024 $40,040 $4,046,100 $328,020 $3,718,080
2023 $26,557 $4,051,900 $328,020 $3,723,880
2022 $22,705 $2,722,400 $273,350 $2,449,050
2021 $23,453 $1,977,500 $273,350 $1,704,150
2020 $21,496 $1,746,210 $273,350 $1,472,860
2019 $17,171 $1,439,150 $273,350 $1,165,800
2018 $18,259 $1,314,950 $273,350 $1,041,600
2017 $17,539 $1,286,350 $273,350 $1,013,000
2016 $17,512 $1,256,650 $273,350 $983,300
2015 $17,179 $1,206,150 $273,350 $932,800
2014 -- $1,189,850 $273,350 $916,500
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202222864

Spokane Association of REALTORS®
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