7314 E 7th Ave Spokane Valley, WA 99212
Dishman Hills NeighborhoodEstimated payment $3,544/month
Highlights
- City View
- Utility Room
- Wood Siding
- Forced Air Heating System
- Level Lot
- 5-minute walk to Edgecliff Park
About This Home
Cash-flow opportunity in Spokane Valley! Don't miss this fully occupied 4-unit investment property featuring two side-by-side duplexes in a highly desirable location adjacent to Edgecliff Park. With a strong rental history, this is an excellent addition to any investment portfolio or a great opportunity for a first-time multifamily investor. Each of the four units offers 2 bedrooms, 1 bathroom, private laundry, and functional floor plans that attract long-term tenants. The property provides ample off-street parking, a shared courtyard between the buildings, and sits on a quiet dead-end street for added privacy and appeal. Tenants love the convenience of being just minutes from shopping, restaurants, schools, parks, and easy commuting routes, making this a consistently desirable rental location. Whether you're looking to expand your portfolio or secure a stable income-producing property, this Spokane Valley fourplex is one you don't want to miss.
Listing Agent
Keller Williams Spokane - Main Brokerage Phone: 509-209-0741 License #27451 Listed on: 08/03/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,114
Year Built
- Built in 1942
Lot Details
- 15,240 Sq Ft Lot
- Level Lot
Parking
- Off-Site Parking
Home Design
- Composition Roof
- Wood Siding
Interior Spaces
- 2,984 Sq Ft Home
- 1-Story Property
- Utility Room
- City Views
- Free-Standing Range
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Schools
- Chase Middle School
- Ferris High School
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Community Details
- 4 Units
Listing and Financial Details
- Assessor Parcel Number 35241.4001
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $6,114 | $537,400 | $125,000 | $412,400 |
| 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 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/03/2026 08/03/26 | For Sale | $549,900 | +11.1% | $184 / 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 |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $495,000 | First American Title | |
| Warranty Deed | -- | First American Title | |
| Quit Claim Deed | -- | Spokane County Title Co | |
| Warranty Deed | $210,000 | Spokane County Title Co | |
| Interfamily Deed Transfer | -- | Spokane County Title Co | |
| Trustee Deed | $89,546 | Spokane County Title Co |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
Source: Spokane Association of REALTORS®
MLS Number: 202622051
APN: 35241.4001
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Information is deemed reliable but not guaranteed.
Listings courtesy of Spokane Association of REALTORS® as distributed by MLS GRID.
Based on information submitted to the MLS GRID
- 7307 E 6th Ave
- 702 S Edgerton Ln
- 7119 E 6th Ave
- 7312 E 4th Ave
- 314 S Girard Rd
- 7103 E 11th Ave
- 6906 E 10th Ave
- 205 S Park Rd Unit 42
- 7128 E 13th Ave
- 6944 E Beverly Dr
- 7133 E Beverly Dr
- 1407 S Khinda Ct
- 1213 S Highland Dr
- 6714 E 4th Ave
- 7001 E 2nd Ave
- 7009 E Beverly Dr
- 205 S Elizabeth Rd
- 6903 E Beverly Ave
- 6606 E 4th Ave
- 6524 E 4th Ave
- 6020 E 4th Ave
- 916 N Ella Rd
- 111 N Locust Rd
- 711 N Argonne Rd
- 1301 S Carnahan Rd
- 210 S Farr Rd
- 515 S Farr Rd
- 120 N Locust Rd
- 601 S Woodruff Rd
- 10108 E Appleway Ave
- 4405 E 5th Ave
- 303 S Felts Ln
- 10211 E 14th Ave
- 1815 N Hutchinson Rd
- 1217 N Walnut Ln
- 9310 E Montgomery Ave
- 4707 E Upriver Dr
- 4909 E Upriver Dr
- 11802 E Main Ave
- 11813 E Broadway Ave
Ask me questions while you tour the home.