$1,050,000

Estimated payment $6,356/month

Total Views 7,353
-- Bed
-- Bath
6,000 Sq Ft
$175 Price per Sq Ft

Highlights

  • No HOA
  • Forced Air Heating System
  • Wood Siding
  • Lewis & Clark High School Rated A
  • Level Lot

About This Home

SVN Cornerstone is pleased to present the Villa Maria Apartments for sale located at 418 E Mission Ave in Spokane's Logan neighborhood. The Villa Maria Apartments consist of a 15 bedroom shared housing residence with five bathrooms. The property features a large shared kitchen, furnished common living areas, a common laundry room with two washers and two dryers, and five off street parking spaces. - Recent capital improvements include fully furnished bedrooms, upgraded copper electrical wiring, a newer asphalt shingle roof, double pane windows, and a high-efficiency gas water heater.
- Prime Logan neighborhood location within walking distance of Gonzaga University, downtown Spokane, shopping, dining, and major employers.
- All bedrooms and common areas are fully furnished, allowing for seamless leasing and making this a turnkey investment.
- Affordable by the room housing attracts a stable tenat base primarily consisting of students.
- Residential Utility Billing

Listing Agent

Jordan Lester

SVN Cornerstone Commercial License #1271842 Listed on: 03/30/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,085

Year Built

  • Built in 1905 | Remodeled in 1978

Lot Details

  • 6,970 Sq Ft Lot
  • Level Lot

Home Design

  • Duplex
  • Concrete Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 6,000 Sq Ft Home
  • Multi-Level Property
  • Finished Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 35172.0303

Community Details

Overview

  • No Home Owners Association
  • 15 Units
  • Central Subdivision

Building Details

  • Gross Income $118,656

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,085

Year Built

Built in 1905 | Remodeled in 1978

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: MultiFamily
  • Lot Size Acres: 0.16
  • Lot Size: 0.16
  • Road Surface Type: Paved
  • Subdivision Name: Central
  • Directions: From N Ruby St turn right onto E Mission Ave. VillaMaria Apartments are on your right between Astor Stand Addison St.
  • Year Built: 1905
  • General Property Description:Lot Acres2: 0.16
  • General Property Description:Lot Type 1: Duplex/Multi
  • Legal and Taxes:Zoning2: RMF-4
  • Legal and Taxes:Tax Year2: 2025
  • Property Subject To:Homeowners Assoc2: No
  • Property Subject To:Flood Zone2: No
  • Road Paved: Yes
  • Water:City5: Yes
  • General Property Description:Building Style: Multi Level
  • General Property Description:Remodeled: Yes
  • General Property Description:Year of Remodel: 1978
  • General Property Description:New Construction: No
  • Bsmt:Full Size: Yes
  • Percent Basement Finished: Yes
  • Foundation:Concrete: Yes
  • Roof:Comp Shingle: Yes
  • General Property Description:Total SqFt2: 6000.0
  • DelayedMarketingYN: No
  • Contract Information: Delayed Marketing: No
  • Special Features: None
  • Year Renovated: 1978

Interior Features

  • Has Basement: Finished
  • Basement YN: Yes
  • Living Area: 6000.0

Exterior Features

  • Lot Features: Level
  • View: None
  • Construction Type: Wood Siding, Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Composition
  • Construction:Frame: Yes
  • Lot Features:Level: Yes
  • Exterior: Wood Siding: Yes

Garage/Parking

  • General Property Description:Garage Stall2: None

Utilities

  • Heating: Natural Gas, Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Other

Lot Info

  • Lot Size Sq Ft: 6969.6
  • Parcel #: 35172.0303
  • Zoning: RMF-4

Multi Family

  • Number Of Units Total: 15

Tax Info

  • Tax Annual Amount: 7085.3
  • Tax Year: 2025

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $8,530 $911,300 $85,200 $826,100
2025 $8,530 $838,000 $85,200 $752,800
2024 $7,085 $715,000 $85,200 $629,800
2023 $6,974 $754,900 $85,200 $669,700
2022 $6,606 $714,000 $56,800 $657,200
2021 $4,046 $352,900 $42,600 $310,300
2020 $0 $280,100 $42,600 $237,500
2019 $0 $269,400 $35,500 $233,900
2018 $0 $250,480 $23,080 $227,400
2017 $0 $250,480 $23,080 $227,400
2016 $7 $253,080 $23,080 $230,000
2015 $7 $253,080 $23,080 $230,000
2014 -- $253,080 $23,080 $230,000
2013 -- $0 $0 $0
Source: Public Records

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
03/30/2026 03/30/26 For Sale $1,050,000 +19.3% $175 / Sq Ft
04/26/2024 04/26/24 Sold $880,000 -1.7% $147 / Sq Ft View Prior Sale
03/22/2024 03/22/24 Pending -- -- --
03/12/2024 03/12/24 For Sale $895,000 +36.6% $149 / Sq Ft
01/13/2021 01/13/21 Sold $655,000 -21.6% $219 / Sq Ft View Prior Sale
12/14/2020 12/14/20 Pending -- -- --
07/13/2020 07/13/20 For Sale $835,000 -- $279 / Sq Ft
Source: Coeur d'Alene Multiple Listing Service

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
Warranty Deed $313 None Listed On Document
Quit Claim Deed $313 First American Title Insurance
Warranty Deed $880,000 First American Title Insurance
Warranty Deed $654,500 Stewart Title Guaranty Co
Quit Claim Deed $50,000 Pacific Nw Title
Source: Public Records

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
Open $10,000 New Conventional
Open $697,500 New Conventional
Previous Owner $300,000 New Conventional
Previous Owner $580,000 New Conventional
Previous Owner $540,000 Unknown
Previous Owner $28,000 Unknown
Source: Public Records

Source: Coeur d'Alene Multiple Listing Service

MLS Number: 26-2798

Coeur d

APN: 35172.0303

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