$799,000
$181K PRICE DROP

Estimated payment $5,250/month

Total Views 11,893
7 Beds
8 Baths
4,900 Sq Ft
$163 Price per Sq Ft

Highlights

  • City View
  • Colonial Architecture
  • Forced Air Heating System
  • Sacajawea Middle School Rated A-
  • Programmable Thermostat
  • 5-minute walk to Cowley Park

About This Home

Welcome to this charming Victorian-style property in the heart of Spokane! Featuring detailed craftsman woodwork throughout, this building has been thoughtfully converted into an 8-unit income-generating rental property. With (7) 1-bedroom, 1-bathroom units and (1) studio unit, this fully occupied property offers steady cash flow and a NOI of 5.78%. Tenants enjoy the convenience of on-site laundry, managed by Hainsworth Laundry, and easy parking with monthly passes available through the City of Spokane at an affordable rate. Located within close proximity to downtown Spokane, this property offers both historic charm and modern convenience- don't miss out!

Listing Agent

Jessica Rafter

Rafter Realty, LLC License #24004722

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 10,650 Sq Ft Lot

Home Design

  • Colonial Architecture
  • Hardboard

Interior Spaces

  • 4,900 Sq Ft Home
  • 4-Story Property
  • City Views

Kitchen

  • Free-Standing Range
  • Dishwasher

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 8 Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Rough-In Basement Bathroom
  • Rough in Bedroom

Parking

  • 15 Parking Spaces
  • Off-Site Parking

Schools

  • Sacajawea Middle School
  • Lewis & Clark High School

Utilities

  • Forced Air Heating System
  • Furnace
  • Baseboard Heating
  • Programmable Thermostat
  • High Speed Internet

Community Details

  • 8 Units
  • Fuel Expense $6,000

Listing and Financial Details

  • Assessor Parcel Number 35191.4902

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Year Built: 1900
  • Property Sub-Type: Rental
  • Lot Size Acres: 0.24
  • Road Frontage Type: City Street, Paved Road
  • View Type:Pond View: City
  • Co List Office Phone: +1 (509) 842-6939
  • MLS Status: Active
  • Architectural Style: Colonial
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Finished, RI Bdrm, RI Bath, Walk-Out Access
  • Appliances: Free-Standing Range, Dishwasher, Refrigerator, Washer, Dryer
  • Basement YN: Yes
  • Total Bedrooms: 7
  • Stories: 4

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Hardboard Siding, Wood

Garage/Parking

  • Parking Features: Off Site
  • Total Parking Spaces: 15

Utilities

  • Heating: Gas Hot Air Furnace, Electric, Forced Air, Baseboard, Prog. Therm.
  • NumberOfRanges: 8

Fee Information

  • Annual Fuel Expense: 6000

Schools

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

Lot Info

  • Parcel Number: 35191.4902
  • Lot Size Sq Ft: 10650
  • Additional Parcels: No

Multi Family

  • Number Of Units Total: 8

Tax Info

  • 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
02/16/2025 02/16/25 Price Changed $799,000 -5.7% $163 / Sq Ft
12/13/2024 12/13/24 Price Changed $847,400 -2.6% $173 / Sq Ft
12/11/2024 12/11/24 Price Changed $870,400 -2.7% $178 / Sq Ft
11/12/2024 11/12/24 Price Changed $895,000 -1.6% $183 / Sq Ft
10/29/2024 10/29/24 For Sale $910,000 0.0% $186 / Sq Ft
10/24/2024 10/24/24 Pending -- -- --
10/08/2024 10/08/24 Price Changed $910,000 -2.2% $186 / Sq Ft
09/18/2024 09/18/24 Price Changed $930,000 -2.1% $190 / Sq Ft
08/06/2024 08/06/24 Price Changed $950,000 -3.1% $194 / Sq Ft
07/22/2024 07/22/24 For Sale $980,000 -- $200 / Sq Ft
Source: Spokane Association of REALTORS®

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Source: Spokane Association of REALTORS®

MLS Number: 202420141

Spokane Association of REALTORS®