2823 W Sharp Ave Spokane, WA 99201
West Central NeighborhoodEstimated payment $2,638/month
Total Views
292
6
Beds
2
Baths
2,174
Sq Ft
$195
Price per Sq Ft
Highlights
- City View
- Craftsman Architecture
- Forced Air Heating System
- North Central High School Rated A-
- Property is near public transit
- Hot Water 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
Location
- Property is near public transit
Schools
- Yasuhara Middle School
- North Central High School
Utilities
- Forced Air Heating System
- Hot Water Heating System
- Gas Available
- High Speed Internet
Community Details
- 6 Units
- Community Deck or Porch
Listing and Financial Details
- Assessor Parcel Number 25132.2329
Map
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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 |
Source: Public Records
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 |
Source: Spokane Association of REALTORS®
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 |
Source: Public Records
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: Public Records
Similar Homes in Spokane, WA
Source: Spokane Association of REALTORS®
MLS Number: 202521524
APN: 25132.2329
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