Estimated payment $3,739/month
Investors check this out! 4-units in two separate side-by-side duplex buildings on 1 lot right next to Edgecliff Park in Spokane Valley. Fully rented with room to increase rents. All units are 2 bed / 1 bath with their own washer/dryer and a comfortable layout. Two residences have a bonus 3rd room which could be used as office space, additional family room or possibly extra bedroom. Plenty of off street parking & individual storage units. There's a courtyard between the buildings, located on a dead-end street directly adjacent to a quiet park and some newer constructed duplexes & single family homes. Don't miss out on this opportunity.
Listing Agent
Keller Williams Spokane - Main Brokerage Phone: (801) 574-4020 License #25890 Listed on: 01/02/2025
Co-Listing Agent
Cogo Realty Brokerage Phone: (801) 574-4020 License #22037767
| 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 | $5,972 | $568,800 | $125,000 | $443,800 |
| 2024 | $5,972 | $551,200 | $95,000 | $456,200 |
| 2023 | $5,016 | $536,200 | $80,000 | $456,200 |
| 2022 | $4,049 | $475,400 | $80,000 | $395,400 |
| 2021 | $3,842 | $297,530 | $37,130 | $260,400 |
| 2020 | $3,793 | $282,750 | $33,750 | $249,000 |
| 2019 | $2,642 | $203,150 | $33,750 | $169,400 |
| 2018 | $2,772 | $182,550 | $33,750 | $148,800 |
| 2017 | $2,874 | $192,750 | $33,750 | $159,000 |
| 2016 | $2,708 | $176,950 | $33,750 | $143,200 |
| 2015 | $2,754 | $176,950 | $33,750 | $143,200 |
| 2014 | -- | $173,150 | $33,750 | $139,400 |
| 2013 | -- | $0 | $0 | $0 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/27/2025 08/27/25 | Price Changed | $599,895 | 0.0% | $201 / Sq Ft |
| 08/12/2025 08/12/25 | Price Changed | $599,896 | 0.0% | $201 / Sq Ft |
| 07/16/2025 07/16/25 | Price Changed | $599,897 | 0.0% | $201 / Sq Ft |
| 06/04/2025 06/04/25 | Price Changed | $599,898 | 0.0% | $201 / Sq Ft |
| 05/28/2025 05/28/25 | Price Changed | $599,899 | 0.0% | $201 / Sq Ft |
| 04/15/2025 04/15/25 | Price Changed | $599,900 | -7.7% | $201 / Sq Ft |
| 04/10/2025 04/10/25 | Price Changed | $649,891 | 0.0% | $218 / Sq Ft |
| 04/03/2025 04/03/25 | Price Changed | $649,892 | 0.0% | $218 / Sq Ft |
| 03/20/2025 03/20/25 | Price Changed | $649,893 | 0.0% | $218 / Sq Ft |
| 03/11/2025 03/11/25 | Price Changed | $649,894 | 0.0% | $218 / Sq Ft |
| 02/20/2025 02/20/25 | Price Changed | $649,895 | 0.0% | $218 / Sq Ft |
| 02/12/2025 02/12/25 | Price Changed | $649,896 | 0.0% | $218 / Sq Ft |
| 02/05/2025 02/05/25 | Price Changed | $649,897 | 0.0% | $218 / Sq Ft |
| 01/23/2025 01/23/25 | Price Changed | $649,898 | 0.0% | $218 / Sq Ft |
| 01/17/2025 01/17/25 | Price Changed | $649,899 | 0.0% | $218 / Sq Ft |
| 01/02/2025 01/02/25 | For Sale | $649,900 | +31.3% | $218 / Sq Ft |
| 04/23/2021 04/23/21 | Sold | $495,000 | -1.0% | $166 / Sq Ft |
| 04/05/2021 04/05/21 | Pending | -- | -- | -- |
| 04/01/2021 04/01/21 | For Sale | $499,900 | -- | $168 / Sq Ft |
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | First American Title | |
| Warranty Deed | $495,000 | First American Title | |
| Quit Claim Deed | -- | Spokane County Title Co | |
| Interfamily Deed Transfer | -- | Spokane County Title Co | |
| Warranty Deed | $210,000 | Spokane County Title Co | |
| Trustee Deed | $89,546 | Spokane County Title Co |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,310,000 | Credit Line Revolving | |
| Previous Owner | $113,472 | New Conventional | |
| Previous Owner | $31,000 | Unknown | |
| Previous Owner | $116,100 | Purchase Money Mortgage | |
| Previous Owner | $124,000 | Unknown |
$635,000
Turn-key apartment building in the highly desired, landlord friendly market of Spokane Valley. With studs up unit and system upgrades, buyers are perfectly positioned to immediately focus on rent increases without putting any capital improvements into the property.
Max Frame Kidder Mathews
Source: Spokane Association of REALTORS®
MLS Number: 202510126
APN: 35241.4001
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