2823 W Sharp Ave Spokane, WA 99201
West Central NeighborhoodEstimated payment $2,234/month
Highlights
- City View
- Craftsman Architecture
- Property is near public transit
- North Central High School Rated A-
- Deck
- Forced Air Heating System
About This Home
Wonderful 6-Bedroom, 2-Bathroom investment property with great cashflow potential and track record! This well-maintained income-generating property features 6 private bedrooms and 2 shared bathrooms. This single-family home is currently rented by the room, generating an outrageously high gross monthly income of $4300.00. This investment model provides tenants with private rooms while sharing common areas such as the kitchen, bathrooms, and living spaces, making this a popular option for those looking to maximize income. All tenants are on flexible month-to-month leases, providing the opportunity to more easily increase cash flow and rental growth even further, or switch to a simpler and more traditional strategy, such as a single-family rental or mid-term rental. This property is available for purchase individually or as part of a larger, high-performing rental portfolio. Don't wait to reach out and learn how this opportunity can either jump-start or propel your real estate portfolio to the next level!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,489
Year Built
- Built in 1902
Lot Details
- 4,950 Sq Ft Lot
- Fenced
- Level Lot
- N/A
Home Design
- Craftsman Architecture
- Vinyl Siding
Interior Spaces
- 2,174 Sq Ft Home
- 1.5-Story Property
- Gas Fireplace
- City Views
- Partially Finished Basement
Kitchen
- Free-Standing Range
- Dishwasher
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Bathrooms
Laundry
- Dryer
- Washer
Parking
- Alley Access
- Off-Site Parking
Schools
- Yasuhara Middle School
- North Central High School
Utilities
- Forced Air Heating System
- Hot Water Heating System
- High Speed Internet
Additional Features
- Deck
- Property is near public transit
Listing and Financial Details
- Assessor Parcel Number 25132.2329
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,489 | $352,700 | $90,000 | $262,700 |
| 2024 | $3,489 | $351,500 | $80,000 | $271,500 |
| 2023 | $2,475 | $336,500 | $65,000 | $271,500 |
| 2022 | $1,752 | $252,600 | $65,000 | $187,600 |
| 2021 | $1,541 | $129,000 | $23,000 | $106,000 |
| 2020 | $1,407 | $113,400 | $18,000 | $95,400 |
| 2019 | $1,207 | $100,600 | $18,000 | $82,600 |
| 2018 | $1,262 | $90,400 | $18,000 | $72,400 |
| 2017 | $1,173 | $85,600 | $18,000 | $67,600 |
| 2016 | $1,036 | $73,900 | $18,000 | $55,900 |
| 2015 | $1,059 | $73,900 | $18,000 | $55,900 |
| 2014 | -- | $87,500 | $20,000 | $67,500 |
| 2013 | -- | $0 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/19/2026 03/19/26 | For Sale | $369,500 | -1.5% | $170 / Sq Ft | |
| 07/18/2022 07/18/22 | Sold | $375,000 | -11.8% | $130 / Sq Ft | View Prior Sale |
| 04/20/2022 04/20/22 | Pending | -- | -- | -- | |
| 03/18/2022 03/18/22 | Price Changed | $425,000 | -5.6% | $147 / Sq Ft | |
| 01/10/2022 01/10/22 | For Sale | $450,000 | -- | $155 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | First American Title | |
| Warranty Deed | -- | Spokane County Title Company | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | Spokane County Title Co | |
| Warranty Deed | $131,274 | Pacific Northwest Title | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $116,300 | First American Title Ins |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,399,500 | New Conventional | |
| Previous Owner | $118,146 | Purchase Money Mortgage | |
| Previous Owner | $104,650 | Purchase Money Mortgage |
About the Listing Agent
Cody's Other Listings
Source: Spokane Association of REALTORS®
MLS Number: 202613800
APN: 25132.2329
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Ask me questions while you tour the home.