2924 E Broad Ave Spokane, WA 99217
Hillyard NeighborhoodEstimated payment $2,856/month
Highlights
- Territorial View
- Forced Air Heating System
- Fenced
- Traditional Architecture
- Baseboard Heating
- Level Lot
About This Home
Fully occupied fourplex generating $2,950 per month in gross rental income. The unit mix includes one 2-bedroom unit and three 1-bedroom units, with current rents of $1,200, $700, $525, and $525 per month. This is an excellent opportunity for investors seeking immediate cash flow with additional upside through improved management, property improvements, and future rent increases, or by adding a 5th unit. The property is fully tenant occupied, providing income from day one. Whether you're an experienced investor looking for your next value-add project or someone looking to grow a rental portfolio, this property offers the chance to increase long-term returns while generating income from the start. Entire, 4 property portfolio available as a package.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1948
Lot Details
- 6,534 Sq Ft Lot
- Fenced
- Level Lot
Home Design
- Traditional Architecture
- Composition Roof
- Masonite
Interior Spaces
- 1.5-Story Property
- Territorial Views
- Finished Basement
- Basement Fills Entire Space Under The House
- Free-Standing Range
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Baseboard Heating
Community Details
- 4 Units
Listing and Financial Details
- Assessor Parcel Number 36343.2904
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $3,487 | $380,400 | $70,000 | $310,400 |
| 2025 | $3,605 | $340,900 | $65,000 | $275,900 |
| 2024 | $3,605 | $363,200 | $50,800 | $312,400 |
| 2023 | $3,089 | $383,000 | $50,800 | $332,200 |
| 2022 | $2,845 | $315,600 | $38,100 | $277,500 |
| 2021 | $2,098 | $175,950 | $19,050 | $156,900 |
| 2020 | $1,661 | $134,050 | $19,050 | $115,000 |
| 2019 | $1,430 | $119,350 | $19,050 | $100,300 |
| 2018 | $1,239 | $88,800 | $12,700 | $76,100 |
| 2017 | $1,217 | $88,800 | $12,700 | $76,100 |
| 2016 | $1,254 | $89,500 | $12,700 | $76,800 |
| 2015 | $1,281 | $89,500 | $12,700 | $76,800 |
| 2014 | -- | $90,000 | $12,700 | $77,300 |
| 2013 | -- | $0 | $0 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/27/2026 06/27/26 | For Sale | $475,000 | +272.5% | -- | |
| 11/14/2017 11/14/17 | Sold | $127,500 | -1.9% | $54 / Sq Ft | View Prior Sale |
| 10/01/2017 10/01/17 | Pending | -- | -- | -- | |
| 08/25/2017 08/25/17 | For Sale | $130,000 | -- | $55 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $127,500 | First American Title Ins Co | |
| Interfamily Deed Transfer | -- | First American Title Ins Co | |
| Warranty Deed | $110,000 | Pacific Nw Title | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $73,600 | New Conventional | |
| Previous Owner | $77,000 | New Conventional |
Source: Spokane Association of REALTORS®
MLS Number: 202620014
APN: 36343.2904
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Ask me questions while you tour the home.