Listed by Kidder Mathews
$2,900,000
PENDING

Estimated payment $17,022/month

Total Views 2,021
3 Beds
2 Baths
18,012 Sq Ft
$161 Price per Sq Ft

Highlights

  • 0.93 Acre Lot
  • Sport Court
  • Baseboard Heating
  • No HOA
  • Vinyl Plank Flooring
  • Property is in very good condition

About This Home

Well-maintained and ideally situated along the highly desirable Spokane River, River Court offers immediate rental upside with the potential to increase rents by 14% as-is and up to 24% with renovations. The property features spacious, majority 2-bedoom layouts with attractive amenities including a full-sized sports court, covered parking, large decks, and air conditioning. With ample additional land, there's also a strong future development opportunity, making this an excellent investment in a growing market.

Listing Agent

Max Frame

Kidder Mathews License #130533 Listed on: 10/21/2025

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2447189

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,930

Year Built

  • Built in 1979

Lot Details

  • 0.93 Acre Lot
  • 351023804,351023805
  • Property is in very good condition

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 18,012 Sq Ft Home
  • 3-Story Property
  • Vinyl Plank Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • 34 Parking Spaces
  • Open Parking

Outdoor Features

  • Sport Court

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating

Community Details

  • No Home Owners Association
  • Spokane Subdivision

Listing and Financial Details

  • Assessor Parcel Number 351023803

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,930

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1979
  • MLS Status: Pending
  • Prev Status: Pending
  • New Construction: No
  • CalculatedSquareFootage: 18012
  • EffectiveYearBuiltSource: Public Records
  • SOCComments: 2%
  • Special Features: None

Interior Features

  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Vinyl Plank
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Construction Type: Wood
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Multi Family

Garage/Parking

  • Carport Spaces: 20
  • Carport Y N: No
  • Open Parking: Yes
  • Total Parking Spaces: 34

Utilities

  • Sewer: Sewer Connected
  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: Avista
  • SewerCompany: City of Spokane
  • WaterCompany: City of Spokane

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Fee Information

  • Annual Fuel Expense: 12084

Schools

  • Junior High Dist: Spokane

Lot Info

  • Parcel Number: 351023803
  • Lot Size Acres: 0.9294
  • Lot Size: 40485
  • Lot Size Sq Ft: 40485
  • Additional Parcels Description: 351023804,351023805
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Athletic Court
  • MLSLotSizeSource: County Assessor
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 9.1
  • LeasedItems: None
  • TotalMonthlyIncome: 21635

Tax Info

  • Year: 2025
  • Tax Annual Amount: 21930

Multi Family

  • Number Of Units Total: 2
  • Electric Expense: 12083
  • EnergySource: Electric
  • UnitsBelowGrade: false

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $1,022 $102,000 $90,000 $12,000
2024 $1,022 $102,100 $90,000 $12,100
2023 $952 $96,480 $84,380 $12,100
2022 $927 $96,380 $84,380 $12,000
2021 $942 $78,500 $67,500 $11,000
2020 $975 $78,300 $67,500 $10,800
2019 $807 $67,050 $56,250 $10,800
2018 $938 $67,050 $56,250 $10,800
2017 $917 $66,750 $56,250 $10,500
2016 $932 $66,450 $56,250 $10,200
2015 $953 $66,450 $56,250 $10,200
2014 -- $66,450 $56,250 $10,200
2013 -- $0 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/10/2025 12/10/25 Pending -- -- --
11/04/2025 11/04/25 For Sale $2,900,000 0.0% $161 / Sq Ft
10/23/2025 10/23/25 Pending -- -- --
10/21/2025 10/21/25 For Sale $2,900,000 +61.3% $161 / Sq Ft
01/06/2020 01/06/20 Sold $1,797,400 -2.8% $100 / Sq Ft View Prior Sale
09/27/2019 09/27/19 For Sale $1,850,000 -- $103 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,797,400 First American Title Ins Co
Interfamily Deed Transfer -- Stewart Title Of Spokane
Warranty Deed $1,150,280 None Available
Contract Of Sale $1,150,000 Inland Professional Title Ll
Warranty Deed $950,000 First American Title Ins
Warranty Deed $785,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,444,000 Commercial
Previous Owner $800,000 Commercial
Previous Owner $850,000 Seller Take Back
Source: Public Records

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2447189

Northwest Multiple Listing Service (NWMLS)

APN: 35102.3803