NOT LISTED FOR SALE

316 E 18th Ave Unit 320-324 Spokane, WA 99203

Rockwood Neighborhood
6 Beds
4 Baths
11,980 Sq Ft
0.61 Acres

Last Sold December 19, 2022

Last sale price $2,700,000 $225 Per Sq Ft

97 Days on Market

Highlights

  • 0.61 Acre Lot
  • Territorial View
  • 4 Car Detached Garage
  • Sacajawea Middle School Rated A-
  • Traditional Architecture
  • Family Room Off Kitchen

About This Home

As of December 2022

Once in a lifetime opportunity to add a Crown Jewel to your portfolio! First time on the market EVER...built by the current owner as their own Legacy Property! Very well constructed on solid basalt and lovingly cared for for over 50 years! The over Half Acre grounds are gorgeously landscaped and make an eye catching setting*Just a half block from the entrance to Spokane's 96 Acre Manito Park! Just blocks from lower Grand Blvd shops and the Manito shopping and dining district to the South*Across the street from the old Rockwood Market, now the Rockwood Bakery and Coffee House*There are 3 buildings total...316, 320, 324 E 18th Ave*Building 316 has four single car garages detached, along with storage bays inside*Buildings 320 and 324 have assigned open parking spaces and generous storage lockers outside of each unit*Sold as a package only*The pictures show some of the different floor plans. The rents have not been raised in years*The value is reflective of projected rents*All units are occupied at this time.

Last Agent to Sell the Property

Bill Richard

Keller Williams Spokane - Main License #7180 Listed on: 07/14/2022

Keller Williams Spokane - Main

Last Buyer's Agent

MISC MISC

Edwards Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,719

Year Built

  • Built in 1972

Lot Details

  • 0.61 Acre Lot
  • Sprinkler System
  • Landscaped with Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • Stone Exterior Construction

Interior Spaces

  • 11,980 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Family Room Off Kitchen
  • Dining Room
  • Territorial Views

Kitchen

  • Free-Standing Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Parking

  • 4 Car Detached Garage
  • Assigned Parking

Outdoor Features

  • Storage Shed

Schools

  • Roosevelt Elementary School
  • Sacajawea Middle School
  • Lewis & Clark High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • 200+ Amp Service
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 35292.1103

Community Details

Overview

  • 12 Units
  • Rockwood Subdivision

Amenities

  • Building Patio

Building Details

  • Insurance Expense $6,753
  • Other Expense $5,000
  • Water Sewer Expense $3,181

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,719

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Sub Type: Rental Income
  • Access: Pub Rd, Paved
  • Class: Rental Income
  • Excluded Items: Tenant belongings
  • Year Built: 1972
  • Style Of Construction: 2 Story
  • Lvt Date: 07/14/2022
  • Common Interest Community: No
  • Geo Address Line: 316 E 18th Ave
  • Geo Primary City: Spokane
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 7/14/2022 11:08:16 PM
  • Geo Zoom Level: 15
  • Sr High: Lewis & Clark
  • Year Renovated: 2021
  • Jr High: Sacajawea Middle School
  • Allow Public Comments: No
  • High Speed Internet Avail: Yes
  • Subdivision/Development: Rockwood
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Approx Sq Ft: 11980
  • Price Per Sq Ft: 225.38
  • Number of Stories: 2
  • Basement: Slab
  • Special Features: Mn Flr Util, Alum Wn Fr
  • Design: Traditional
  • Dining Room: Informal
  • Family/Recreation Room: Off Kit
  • Features: 200 AMP
  • Fireplace: Gas
  • Kitchen Appliances: Fr Stnd Rng, D/W, Refrig, Washer, Dryer
  • Primary Bedroom: 3/4 Bath
  • Number of Ranges: 12
  • Number of Refrigerators: 12

Exterior Features

  • Exterior: Stn Accent, Wood
  • Out Buildings: Stge Shd
  • Roof: Comp

Garage/Parking

  • Garage Parking: Detached, Asigned Sp
  • Garage Size: 4+
  • Number Garages: 4
  • Number Parking Spaces: 12

Utilities

  • Heating/Cooling: Elec, Basebd, Wall A/C
  • Power Company: Avista
  • Water Company: Spokane

Condo/Co-op/Association

  • Amenities: Patio

Schools

  • School District: Spokane Dist 81
  • Elementary School: Roosevelt Elementary
  • Middle School: Sacajawea Middle School
  • High School: Lewis & Clark
  • School District: Spokane Dist 81
  • Elementary School: Roosevelt Elementary

Lot Info

  • Acres Mol: 0.61
  • Estimated Lot Sq Ft: 26550
  • Loc Dir E W: E
  • Loc Dir N S: S
  • Loc Numberblk E W: 3
  • Estimated Lot Dimension Depth: 177
  • Estimated Lot Dimension Front: 150
  • Lot Information: Spr Sys, Treed
  • Lot View: Territorial
  • Parcel Number: 35292.1103
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr
  • Loc Numberblk N S: 18
  • Additional Assessor Parcel Numbers: 35292.1124 , 35292.1125
  • Multiple Parcels: Yes

Tax Info

  • Tax Database Id: 1
  • Taxes: 13,719
  • Assessor Parcel Number: 35292.1103

Multi Family

  • Number Air Cond: 12
  • Number Of Units: 12
  • Number Units A: 4
  • Number Units B: 4
  • Number Units C: 4

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2022 12/19/22 Sold $2,700,000 -22.9% $225 / Sq Ft
10/19/2022 10/19/22 Pending -- -- --
07/14/2022 07/14/22 For Sale $3,500,000 -- $292 / Sq Ft
Source: Spokane Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Bill Richard

    Seller's Agent in 2022

    Bill Richard

    Keller Williams Spokane - Main

    (509) 701-4400

    5 in this area

    202 Total Sales

    Bill Richard
    Section Image

  • M

    Buyer's Agent in 2022

    MISC MISC

    Edwards Real Estate Group

See All Agents

Map

Source: Spokane Association of REALTORS®

MLS Number: 202219423

Spokane Association of REALTORS®

Washington Spokane County Spokane 99203 Rockwood

316 E 18th Ave Unit 320-324, Spokane, WA

This home is located at 316 E 18th Ave Unit 320-324, Spokane, WA 99203 since 14 July 2022. This property was built in 1972. 316 E 18th Ave Unit 320-324 is a home located in Spokane County with nearby schools including Roosevelt Elementary School, Sacajawea Middle School, and Lewis & Clark High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Spokane Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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