NOT LISTED FOR SALE

3806 E 57th Ave Spokane, WA 99223

Moran Prairie Neighborhood

Estimated Value: $594,419 - $1,160,000

4 Beds
4 Baths
5,304 Sq Ft
$151/Sq Ft Est. Value

Last Sold October 31, 2024

Last sale price $1,220,000 $230 Per Sq Ft

Est. 34% decrease in value since last sale

Current estimated payment $4,699/month

2 Days on Market

Highlights

  • 1.01 Acre Lot
  • Ranch Style House
  • Separate Outdoor Workshop
  • Sacajawea Middle School Rated A-
  • Corner Lot
  • Skylights

About This Home

As of October 2024

The Palouse & 57th Duplexes offer a prime investment opportunity in Spokane’s South Hill at 3806-3814 E 57th Ave. This property includes two single-story duplexes with four 3-bedroom, 2-bathroom units, each featuring a 2-car garage and fenced backyard patio. A versatile 30x60 shop with a powered roll-up door adds extra rental income potential. Built in 2003, these well-maintained units have under-market rents, allowing for increased revenue in a low-vacancy area. A newly renovated unit is rent-ready, with month-to-month leases offering flexibility. Located near transit, schools, shopping, and parks, this property appeals to tenants and investors alike. With further development potential, the Palouse & 57th Duplexes are a significant opportunity in Spokane’s desirable South Hill.

Last Agent to Sell the Property

Jacob Browne

Prime Real Estate Group License #141063 Listed on: 10/01/2024

Last Buyer's Agent

Mollie Sweat

Coldwell Banker Tomlinson License #13013

Coldwell Banker Tomlinson

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2003

Lot Details

  • 1.01 Acre Lot
  • Property fronts an easement
  • Corner Lot
  • Oversized Lot
  • Level Lot
  • Sprinkler System
  • 34034.0423

Parking

  • 2 Car Garage
  • Workshop in Garage
  • Shared Driveway

Home Design

  • Ranch Style House
  • Hardboard

Interior Spaces

  • 5,304 Sq Ft Home
  • Skylights
  • Gas Fireplace
  • Vinyl Clad Windows

Kitchen

  • Gas Cooktop
  • Free-Standing Range
  • Dishwasher
  • Disposal

Accessible Home Design

  • Ramp on the main level

Outdoor Features

  • Patio
  • Separate Outdoor Workshop

Schools

  • Lewis & Clark High School

Utilities

  • Forced Air Heating and Cooling System
  • Furnace
  • Cable TV Available

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 34034.0422

Property Details

Home Type

Multi-Family

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • Year Built: 2003
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • ResoLotFeatures: Sprinkler - Automatic, Level, Corner Lot, Oversized Lot
  • Lot Size Acres: 1.01
  • Road Frontage Type: Easement, City Street, Paved Road
  • Reso Association Amenities: Cable TV, Patio, None
  • Co List Office Phone: (509) 218-4663
  • MLS Status: Sold
  • Reso Accessibility Features: Ramp - Main Level
  • Architectural Style: Rancher
  • Reso Fireplace Features: Gas
  • Reso Interior Features: Skylight(s), Windows Vinyl
  • Reso Structure Type: One Story
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Appliances: Free-Standing Range, Gas Cooktop, Dishwasher, Refrigerator, Disposal, Pantry
  • Basement YN: No

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Hardboard Siding
  • Other Structures: Workshop, See Remarks

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Workshop in Garage, Shared Driveway

Utilities

  • Cooling: Central Air
  • Heating: Gas Hot Air Furnace, Electric, Forced Air

Schools

  • Elementary School: Mullan Road Elementary
  • High School: Lewis & Clark

Lot Info

  • Parcel Number: 34034.0422
  • Lot Size Sq Ft: 43996
  • Additional Parcels Description: 34034.0423
  • Additional Parcels: Yes

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2024
Closed on
Dec 19, 2024
Sold by
Bho Holdings Llc
Bought by
Double Duplex 57Th Llc
Seller's Agent
Jacob Browne
Prime Real Estate Group
Buyer's Agent
Mollie Sweat
Coldwell Banker Tomlinson
List Price
$1,299,999
Sold Price
$1,220,000
Premium/Discount to List
-$79,999
-6.15%
Views
6
Current Estimated Value
$799,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$420,527
Avg. Annual Appreciation
-30.54%
Original Mortgage
$600,000
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 1, 2024
Closed on
Oct 31, 2024
Sold by
Stanek Duplexes Llc
Bought by
Bho Holdings Llc
Seller's Agent
Jacob Browne
Prime Real Estate Group
Buyer's Agent
Mollie Sweat
Coldwell Banker Tomlinson
List Price
$1,299,999
Sold Price
$1,220,000
Premium/Discount to List
-$79,999
-6.15%
Views
6

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 29, 2012
Sold by
Stanek Timothy P and Stanek Jean K
Bought by
Stanek Duplexes Llc

Purchase Details

Closed on
Sep 9, 2003
Sold by
Staneks Inc
Bought by
Stanek Timothy P
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Double Duplex 57Th Llc $313 None Listed On Document
Bho Holdings Llc $1,220,000 Wfg Title
Stanek Duplexes Llc -- None Available
Stanek Timothy P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bho Holdings Llc $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2024 10/31/24 Sold $1,220,000 -6.2% $230 / Sq Ft
10/03/2024 10/03/24 Pending -- -- --
10/01/2024 10/01/24 For Sale $1,299,999 -- $245 / Sq Ft
Source: Spokane Association of REALTORS®

Tax History Compared to Growth

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 $6,116 $578,300 $103,500 $474,800
2024 $6,116 $581,100 $90,000 $491,100
2023 $5,495 $561,050 $84,150 $476,900
2022 $5,373 $535,050 $74,250 $460,800
2021 $4,859 $386,600 $59,400 $327,200
2020 $4,662 $356,550 $54,450 $302,100
2019 $4,254 $330,450 $44,550 $285,900
2018 $4,711 $313,350 $44,550 $268,800
2017 $4,448 $298,380 $41,580 $256,800
2016 $4,317 $283,980 $41,580 $242,400
2015 $4,160 $275,980 $41,580 $234,400
2014 -- $281,200 $61,000 $220,200
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jacob Browne

    Seller's Agent in 2024

    Jacob Browne

    Prime Real Estate Group

    (509) 591-2648

    1 in this area

    32 Total Sales

    Jacob Browne
    Section Image
  • Mollie Sweat

    Buyer's Agent in 2024

    Mollie Sweat

    Coldwell Banker Tomlinson

    (509) 879-4492

    52 in this area

    159 Total Sales

    Mollie Sweat
    Section Image
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Map

Source: Spokane Association of REALTORS®

MLS Number: 202423718

Spokane Association of REALTORS®

APN: 34034.0422

Washington Spokane County Spokane 99223 Moran Prairie

3806 E 57th Ave, Spokane, WA

Not Listed for Sale

MultiFamily

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