3123 E Carlisle Ave Spokane, WA 99207
Minnehaha NeighborhoodEstimated payment $5,766/month
About This Home
3123-3125 E Carlisle Ave is a fully renovated 7-unit multifamily property in Spokane. The property features a uniform two-bedroom, one-bathroom unit mix, providing operational simplicity and broad tenant appeal. With updated interiors, stabilized occupancy, and limited near-term capital needs, the asset offers immediate cash flow supported by straightforward day-to-day operations. The property is located in a tight residential pocket of east Spokane with convenient access to nearby employment, education, transportation, and recreation drivers. Tenants benefit from proximity to grocery stores, dining, parks, public transit, and major arterials, while investors benefit from a concentrated comp set supported by recent sales, new construction, and active investment within the immediate area. This localized momentum helps distinguish the property from the broader Southeast Spokane market and reinforces demand for well-maintained rental housing in the submarket. As Spokane continues to grow, the area surrounding E Carlisle Ave is positioned to benefit from ongoing infrastructure improvements, including the continued development of the North-South Corridor. The combination of high occupancy, updated condition, straightforward two-bedroom floorplans, and remaining upside through rent adjustments and utility reimbursement creates a durable small-balance multifamily opportunity.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2562067
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,942
Year Built
- Built in 1979 | Remodeled
Lot Details
- 8,000 Sq Ft Lot
- 35102.3912
Home Design
- Quadruplex
- Slab Foundation
- Composition Roof
- Metal Construction or Metal Frame
- Vinyl Construction Material
Interior Spaces
- 5,760 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 14 Bedrooms
- 7 Bathrooms
Schools
- Logan Elementary School
- North Central High School
Utilities
- Baseboard Heating
Community Details
- No Home Owners Association
- Peter Sapara's Riverside Addition Condos
- Spokane Subdivision
Listing and Financial Details
- Legal Lot and Block 11 and 12 / 39
- Assessor Parcel Number 35102.3913
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 | $4,926 | $498,500 | $75,000 | $423,500 |
| 2025 | $4,926 | $478,300 | $75,000 | $403,300 |
| 2024 | $4,572 | $461,000 | $48,000 | $413,000 |
| 2023 | $4,200 | $461,800 | $48,000 | $413,800 |
| 2022 | $3,433 | $429,500 | $48,000 | $381,500 |
| 2021 | $3,135 | $263,500 | $24,000 | $239,500 |
| 2020 | $2,343 | $189,500 | $24,000 | $165,500 |
| 2019 | $2,051 | $171,400 | $24,000 | $147,400 |
| 2018 | $2,775 | $199,400 | $20,000 | $179,400 |
| 2017 | $2,712 | $198,500 | $20,000 | $178,500 |
| 2016 | $2,772 | $198,500 | $20,000 | $178,500 |
| 2015 | $2,833 | $198,500 | $20,000 | $178,500 |
| 2014 | -- | $198,500 | $20,000 | $178,500 |
| 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 |
|---|---|---|---|---|---|
| 09/18/2019 09/18/19 | Sold | $560,000 | -6.5% | $194 / Sq Ft | View Prior Sale |
| 07/19/2019 07/19/19 | Pending | -- | -- | -- | |
| 06/03/2019 06/03/19 | For Sale | $599,000 | -- | $208 / 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 |
|---|---|---|---|
| Deed | $559,831 | First American Title Ins Co | |
| Quit Claim Deed | -- | Pacific Northwest Title | |
| Warranty Deed | $209,900 | First American Title Ins | |
| Interfamily Deed Transfer | -- | None Available |
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 |
|---|---|---|---|
| Closed | -- | Unknown | |
| Open | $448,000 | Commercial | |
| Previous Owner | $112,500 | Commercial | |
| Previous Owner | $109,900 | Commercial |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2562067
APN: 35102.3913
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All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2026 NWMLS.
Based on information submitted to the MLS GRID
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