505 E Baldwin Ave Spokane, WA 99207
Logan NeighborhoodEstimated payment $2,652/month
Highlights
- Craftsman Architecture
- Property is near public transit
- Fenced Yard
- Lewis & Clark High School Rated A
- No HOA
- 1 Car Detached Garage
About This Home
Fantastic Gonzaga-area investment property! Over 2,600 sq ft with 5 bedrooms, 2 baths, and two full kitchens plus a bonus room—perfect setup for student housing or multi-generational living. Current leases in place through June with tenants paying all utilities, offering a solid 5.25% cap rate. Lower level features exterior entrance and separate living space, ideal for privacy or dual-rental potential. Off-street parking, detached garage, fenced backyard with deck, and convenient access to Gonzaga, downtown, and the University District. Strong rental history and steady performance make this a turnkey opportunity for investors or parents looking for housing options near campus.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,365
Year Built
- Built in 1903
Lot Details
- 6,086 Sq Ft Lot
- Fenced Yard
- Level Lot
- Partial Sprinkler System
Parking
- 1 Car Detached Garage
- Carport
- Alley Access
Home Design
- Craftsman Architecture
- Brick or Stone Veneer
Interior Spaces
- 2,668 Sq Ft Home
- 2-Story Property
- Fireplace Features Masonry
- Vinyl Clad Windows
- Bay Window
- Aluminum Window Frames
- Utility Room
- Basement Fills Entire Space Under The House
Kitchen
- Free-Standing Range
- Dishwasher
Bedrooms and Bathrooms
- 6 Bedrooms
- In-Law or Guest Suite
- 2 Bathrooms
Schools
- Yasuhara Middle School
- North Central High School
Utilities
- Forced Air Heating System
- High Speed Internet
Additional Features
- Patio
- Property is near public transit
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 35083.1010
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,365 | $335,600 | $75,000 | $260,600 |
| 2024 | $3,365 | $338,900 | $70,000 | $268,900 |
| 2023 | $3,380 | $339,300 | $65,000 | $274,300 |
| 2022 | $2,687 | $345,400 | $65,000 | $280,400 |
| 2021 | $2,466 | $207,000 | $25,000 | $182,000 |
| 2020 | $2,204 | $178,200 | $25,000 | $153,200 |
| 2019 | $1,830 | $152,900 | $23,000 | $129,900 |
| 2018 | $1,849 | $132,700 | $20,000 | $112,700 |
| 2017 | $1,595 | $116,500 | $20,000 | $96,500 |
| 2016 | $1,100 | $78,500 | $20,000 | $58,500 |
| 2015 | $1,124 | $78,500 | $20,000 | $58,500 |
| 2014 | -- | $78,500 | $20,000 | $58,500 |
| 2013 | -- | $0 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/28/2025 10/28/25 | For Sale | $450,000 | +31.6% | $169 / Sq Ft | |
| 10/19/2022 10/19/22 | Sold | $342,000 | -2.3% | $128 / Sq Ft | View Prior Sale |
| 10/02/2022 10/02/22 | Pending | -- | -- | -- | |
| 09/29/2022 09/29/22 | For Sale | $350,000 | +169.2% | $131 / Sq Ft | |
| 07/31/2015 07/31/15 | Sold | $130,000 | -3.7% | $50 / Sq Ft | View Prior Sale |
| 06/17/2015 06/17/15 | Pending | -- | -- | -- | |
| 05/29/2015 05/29/15 | For Sale | $135,000 | +59.8% | $51 / Sq Ft | |
| 01/04/2012 01/04/12 | Sold | $84,500 | +4.3% | $44 / Sq Ft | View Prior Sale |
| 12/31/2011 12/31/11 | Pending | -- | -- | -- | |
| 08/26/2011 08/26/11 | For Sale | $81,000 | -- | $42 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Vista Title And Escrow Llc | |
| Quit Claim Deed | $313 | None Listed On Document | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $130,000 | First American Title Ins Co | |
| Warranty Deed | $90,000 | First American Title Ins Co | |
| Warranty Deed | $84,780 | First American Title Ins Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $50,000 | Seller Take Back | |
| Previous Owner | $82,357 | FHA |
Source: Spokane Association of REALTORS®
MLS Number: 202526081
APN: 35083.1010
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