2823 W Sharp Ave Spokane, WA 99201
West Central NeighborhoodEstimated payment $2,536/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
6-Bedroom, 2-Bathroom SRO Investment Property – High Cash Flow Opportunity! Well-maintained and income-generating Single Room Occupancy (SRO) property featuring 6 private bedrooms and 2 shared bathrooms. This single-family home is rented by the room, generating a gross monthly income of $4300.00! An SRO (Single Room Occupancy) model provides tenants with private rooms while sharing common areas such as the kitchen, bathrooms, and living spaces, making this a popular and affordable housing option. Investor Highlights: - All tenants on flexible month-to-month leases - Potential for increased cash flow and rental growth - Privately managed and well-maintained property This property is available for purchase individually or as part of a larger, high-performing rental portfolio, available at a discounted package rate. Call or Text the listing agent today to schedule a tour or request more information about this unique investment opportunity!
Listing Agent
Amplify Real Estate Services Brokerage Phone: (509) 999-8507 License #21000350 Listed on: 07/31/2025
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
Home Design
- Craftsman Architecture
- Vinyl Siding
Interior Spaces
- 2,174 Sq Ft Home
- 1.5-Story Property
- 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
Community Details
- 6 Units
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 | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/31/2025 07/31/25 | For Sale | $425,000 | +13.3% | $195 / Sq Ft |
| 07/18/2022 07/18/22 | Sold | $375,000 | -11.8% | $130 / Sq Ft |
| 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 | $558,750 | Commercial | |
| Previous Owner | $115,850 | New Conventional | |
| Previous Owner | $118,146 | Purchase Money Mortgage | |
| Previous Owner | $104,650 | Purchase Money Mortgage | |
| Previous Owner | $40,692 | Unknown |
Source: Spokane Association of REALTORS®
MLS Number: 202521524
APN: 25132.2329
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.
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Information is deemed reliable but not guaranteed.
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