$599,894
$50K PRICE DROP

Estimated payment $3,661/month

Total Views 7,835
8 Beds
4 Baths
2,984 Sq Ft
$201 Price per Sq Ft

Highlights

  • Park or Greenbelt View
  • Forced Air Heating System
  • Community Storage Space
  • Wood Frame Window
  • Level Lot
  • 5-minute walk to Edgecliff Park

About This Home

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

Lee Arnold

Keller Williams Spokane - Main Brokerage Phone: 801-574-4020 License #25890 Listed on: 01/02/2025

Keller Williams Spokane - Main

Co-Listing Agent

Michelle Eyraud-Mendez

Cogo Realty Brokerage Phone: 801-574-4020 License #22037767

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,720

Year Built

  • Built in 1942

Lot Details

  • 0.35 Acre Lot
  • Level Lot

Parking

  • Off-Site Parking

Home Design

  • Duplex

Interior Spaces

  • 2,984 Sq Ft Home
  • 1-Story Property
  • Wood Frame Window
  • Park or Greenbelt Views
  • Free-Standing Range

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Schools

  • Chase Middle School
  • Ferris High School

Utilities

  • Forced Air Heating System

Community Details

  • 4 Units
  • Community Storage Space

Listing and Financial Details

  • Assessor Parcel Number 35241.4001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,720

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Year Built: 1942
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • ResoLotFeatures: Level
  • Lot Size Acres: 0.35
  • Road Frontage Type: City Street, Paved Road
  • View Type:Pond View: Park/Greenbelt
  • Reso Association Amenities: Storage
  • Co List Office Mls Id: SAR1665
  • Co List Office Phone: 208-620-9171
  • Attribution Contact: Main: 801-574-4020
  • Co List Office Phone: 509-458-4000
  • MLS Status: Active
  • Architectural Style: Ranch
  • Reso Structure Type: Duplex
  • Reso Window Features: Wood Frames
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Appliances: Free-Standing Range, Refrigerator
  • Basement YN: No
  • Total Bedrooms: 8
  • Stories: 1

Exterior Features

  • Roof: Composition
  • Construction Type: Masonite

Garage/Parking

  • Parking Features: Off Site

Utilities

  • Heating: Natural Gas, Forced Air
  • NumberOfRanges: 4

Schools

  • Elementary School: Lincoln Heights
  • High School: Ferris
  • Middle Or Junior School: Chase

Lot Info

  • Parcel Number: 35241.4001
  • Lot Size Sq Ft: 15240
  • Additional Parcels: No

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 5720.12

Map

Range of Values:

Collateral Analytics

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $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
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/16/2025 09/16/25 Price Changed $599,894 0.0% $201 / Sq Ft
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 View Prior Sale
04/05/2021 04/05/21 Pending -- -- --
04/01/2021 04/01/21 For Sale $499,900 -- $168 / Sq Ft
Source: Spokane Association of REALTORS®

Purchase History

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
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $113,472 New Conventional
Previous Owner $116,100 Purchase Money Mortgage
Source: Public Records

Source: Spokane Association of REALTORS®

MLS Number: 202510126

Spokane Association of REALTORS®

APN: 35241.4001