$475,000

Estimated payment $2,856/month

Total Views 2,719
5 Beds
4 Baths
-- Sq Ft
-- Price per Sq Ft

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.

Listing Agent

Billy Deese

Deese Real Estate License #27657 Listed on: 06/27/2026

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Year Built: 1948
  • Property Sub-Type: Residential Income
  • PropertyType: Residential Income
  • ResoLotFeatures: Fencing, Level
  • Lot Size Acres: 0.15
  • Road Frontage Type: City Street, Paved Road
  • View Type:Pond View: Territorial
  • Reso Association Amenities: None
  • Co List Office Phone: 509-293-9291
  • MLS Status: Active
  • Architectural Style: Traditional
  • ResoBuildingAreaSource: Public Records
  • Reso Structure Type: One and a Half Story
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Finished
  • Appliances: Free-Standing Range, Refrigerator
  • Total Bedrooms: 5

Exterior Features

  • Roof: Composition
  • Construction Type: Masonite

Garage/Parking

  • Parking Features: None

Utilities

  • Heating: Natural Gas, Electric, Forced Air, Baseboard
  • NumberOfRanges: 4

Lot Info

  • Parcel Number: 36343.2904
  • Lot Size Sq Ft: 6534

Multi Family

  • Number Of Units Total: 4

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

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
Source: Spokane Association of REALTORS®

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 -- --
Source: Public Records

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: Public Records

Source: Spokane Association of REALTORS®

MLS Number: 202620014

Spokane Association of REALTORS®

APN: 36343.2904

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