2927 E Olympic Ave Spokane, WA 99217
Hillyard NeighborhoodEstimated payment $3,485/month
Highlights
- Contemporary Architecture
- Fenced
- Heating Available
- Property is near public transit
- Level Lot
About This Home
Strong performing 4-plex designed for investors seeking reliable income and long term stability. Current rents total $5,400 per month, delivering excellent cash flow and making this a solid addition to an investment portfolio or a strategic entry into multi family ownership. Several tenants are month-to-month, creating the possibility of owner-occupant purchase. Each of the four units offers a 2 bedroom, 1 bath layout with updated interiors that attract quality tenants and support consistent occupancy. Well maintained throughout, the property includes off street parking +dedicated tenant storage. Each unit features its own laundry hookups, and washers & dryers are included, creating added tenant appeal and reducing vacancy risk. Located near a bus route providing convenient access to transportation for tenants to nearby stores & restaurants.
Listing Agent
REAL Broker LLC Brokerage Phone: (509) 844-3664 License #21027304 Listed on: 04/10/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,650
Year Built
- Built in 1982
Lot Details
- 6,350 Sq Ft Lot
- Fenced
- Level Lot
- Sprinkler System
Home Design
- Contemporary Architecture
Interior Spaces
- 2,912 Sq Ft Home
- 2-Story Property
- Basement Fills Entire Space Under The House
- Dishwasher
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Laundry
- Dryer
- Washer
Parking
- 4 Parking Spaces
- Alley Access
- Assigned Parking
Location
- Property is near public transit
Utilities
- Ductless Heating Or Cooling System
- Heating Available
Community Details
- 4 Units
- Water Sewer Expense $5,520
Listing and Financial Details
- Assessor Parcel Number 36343.2017
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 | $4,479 | $355,500 | $65,000 | $290,500 |
| 2024 | $4,479 | $451,600 | $50,800 | $400,800 |
| 2023 | $4,003 | $460,600 | $50,800 | $409,800 |
| 2022 | $3,433 | $409,300 | $38,100 | $371,200 |
| 2021 | $2,949 | $247,750 | $19,050 | $228,700 |
| 2020 | $2,284 | $184,650 | $19,050 | $165,600 |
| 2019 | $1,944 | $162,450 | $19,050 | $143,400 |
| 2018 | $2,157 | $154,880 | $15,880 | $139,000 |
| 2017 | $2,118 | $154,880 | $15,880 | $139,000 |
| 2016 | $2,221 | $158,980 | $15,880 | $143,100 |
| 2015 | $2,270 | $158,980 | $15,880 | $143,100 |
| 2014 | -- | $158,980 | $15,880 | $143,100 |
| 2013 | -- | $0 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/10/2026 04/10/26 | For Sale | $599,900 | +250.8% | $206 / Sq Ft | |
| 08/12/2016 08/12/16 | Sold | $171,000 | -3.9% | $59 / Sq Ft | View Prior Sale |
| 08/12/2016 08/12/16 | Pending | -- | -- | -- | |
| 05/11/2016 05/11/16 | For Sale | $178,000 | -- | $61 / Sq Ft |
Source: Spokane Association of REALTORS®
MLS Number: 202615275
APN: 36343.2017
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Listings courtesy of Spokane Association of REALTORS® as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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