$430,000
$20K PRICE DROP

Estimated payment $2,624/month

Total Views 342,988
5 Beds
3 Baths
2,570 Sq Ft
$167 Price per Sq Ft

Highlights

  • City View
  • Property is near public transit
  • Victorian Architecture
  • Sacajawea Middle School Rated A-
  • Wood Flooring
  • Corner Lot

About This Home

Incredible investment opportunity just minutes from downtown Spokane! Zoned commercial with flexible use options. Previously operated as a 5-unit Airbnb averaging nearly $5K/month over the past 2 years. Currently has 3 month-to-month renters grossing $4,500. The main floor includes: a 1 bed/1 bath with full kitchen and living space; a 1 bed with living area, kitchen, and shared bath; and a back unit with bedroom, shared bath, kitchenette, laundry, and private entry. Upstairs is a 1 bed unit with shared bath, living/dining area, and a separate loft-style unit with a loft bed and mini fridge. The unfinished basement has potential for another unit, laundry, or storage. City approval and a sprinkler system would be needed for short-term rental use under 30 days. Could be converted into a 3-unit rental, used commercially, or live in one unit and rent the others. Nestled near the historic Cannon Hill district, this home offers neighborhood charm with fast access to parks, hospitals, downtown, shopping, and dining.

Listing Agent

Cambria Henry

Haven Real Estate Group License #25838 Listed on: 05/06/2025

Co-Listing Agent

Emily Polanco

Haven Real Estate Group License #20107698

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,993

Year Built

  • Built in 1901

Lot Details

  • 4,356 Sq Ft Lot
  • Fenced
  • Corner Lot
  • Sprinkler System

Parking

  • 2 Car Detached Garage
  • Alley Access

Home Design

  • Victorian Architecture
  • Vinyl Siding

Interior Spaces

  • 2,570 Sq Ft Home
  • 2-Story Property
  • Bay Window
  • Utility Room
  • Wood Flooring
  • City Views

Kitchen

  • Free-Standing Range
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • In-Law or Guest Suite
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Workshop

Location

  • Property is near public transit

Schools

  • Sacajawea Middle School
  • Lewis & Clark High School

Utilities

  • Forced Air Heating and Cooling System
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 25241.4309

Community Details

Overview

  • 5 Units

Amenities

  • Community Deck or Porch
  • Laundry Facilities
  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,993

Year Built

Built in 1901

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1901
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • ResoLotFeatures: Sprinkler - Automatic, Corner Lot, City Bus (w/in 6 blks), Fencing
  • Lot Size Acres: 0.1
  • Road Frontage Type: City Street
  • View Type:Pond View: City
  • Reso Association Amenities: Deck, Laundry, Storage
  • Co List Office Mls Id: SAR1311
  • Co List Office Phone: (509) 590-1765
  • Co List Office Phone: (509) 590-1765
  • MLS Status: Active
  • Architectural Style: Victorian
  • Reso Interior Features: In-Law Floorplan
  • ResoRoomType: Utility Room
  • Reso Structure Type: Two Story
  • Reso Window Features: Bay Window(s)
  • HighSpeedInternet: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Unfinished, Walk-Out Access, Workshop
  • Appliances: Free-Standing Range, Refrigerator, Washer, Dryer, Hard Surface Counters
  • Total Bedrooms: 5
  • Flooring: Wood
  • Stories: 2

Exterior Features

  • Roof: Composition
  • Construction Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached, RV Access/Parking, Alley Access

Utilities

  • Cooling: Central Air, Other
  • Heating: Natural Gas, Forced Air, See Remarks

Schools

  • Elementary School: Roosevelt
  • High School: Lewis & Clark
  • Middle Or Junior School: Sacajawea

Lot Info

  • Parcel Number: 25241.4309
  • Lot Size Sq Ft: 4356
  • Additional Parcels: No

Multi Family

  • Number Of Units Total: 5

Tax Info

  • Tax Annual Amount: 2993
  • Tax Database ID: 1

Map

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
06/11/2025 06/11/25 Price Changed $430,000 -4.4% $167 / Sq Ft
05/06/2025 05/06/25 For Sale $450,000 +83.7% $175 / Sq Ft
06/24/2019 06/24/19 Sold $245,000 +2.1% $169 / Sq Ft
06/04/2019 06/04/19 Pending -- -- --
05/22/2019 05/22/19 For Sale $240,000 -- $166 / Sq Ft
Source: Spokane Association of REALTORS®

About the Listing Agent

Cambria Henry

Haven Real Estate Group

(509) 394-4286

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I work hard to set myself apart from other agents. Some of the ways I do this is by not only finding you a home that fits your needs but finding you the home that you love! I also ensure that you do not pay too much for the home.

Once you find a home I run my own competitive market analysis. I do this because 97% of homes listed are priced above market value. I use the market analysis to recommend an offer price for you AND to justify your price in negotiations with the other real estate

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Source: Spokane Association of REALTORS®

MLS Number: 202516299

Spokane Association of REALTORS®

APN: 25241.4309