820 E Nora Ave Spokane, WA 99207
Logan NeighborhoodEstimated payment $8,827/month
About This Home
Excellent investment opportunity near Gonzaga University. This four-unit property, built in 2015, features spacious 5 bedroom, 2.5 bathroom layouts in each unit. All units include central heating and in-unit laundry for tenant convenience. The property generates a strong rental income of $10,250 per month and offers consistent occupancy due to its prime location within walking distance of Gonzaga University, restaurants, shopping, and parks.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 2015
Interior Spaces
- 6,160 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 20 Bedrooms
- 8 Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Basement with some natural light
Schools
- Yasuhara Middle School
- North Central High School
Additional Features
- 7,100 Sq Ft Lot
- Forced Air Heating System
Community Details
- 4 Units
Listing and Financial Details
- Assessor Parcel Number 35084.3502
Map
Home Values in the Area
Average Home Value in this Area
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 | $12,457 | $1,214,700 | $75,000 | $1,139,700 |
| 2024 | $12,457 | $1,258,000 | $85,200 | $1,172,800 |
| 2023 | $11,856 | $1,380,000 | $85,200 | $1,294,800 |
| 2022 | $9,420 | $1,214,700 | $49,700 | $1,165,000 |
| 2021 | $9,150 | $770,900 | $35,500 | $735,400 |
| 2020 | $8,652 | $702,300 | $35,500 | $666,800 |
| 2019 | $8,345 | $699,100 | $35,500 | $663,600 |
| 2018 | $9,233 | $664,700 | $21,300 | $643,400 |
| 2017 | $9,066 | $664,700 | $21,300 | $643,400 |
| 2016 | $8,979 | $644,100 | $21,300 | $622,800 |
| 2015 | $1,426 | $99,700 | $20,000 | $79,700 |
| 2014 | -- | $104,900 | $20,000 | $84,900 |
| 2013 | -- | $0 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/03/2025 11/03/25 | For Sale | $1,500,000 | -- | $244 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $250,000 | Inland Professional Title Ll | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | -- | Pacific Nw Title | |
| Warranty Deed | $125,000 | Pacific Nw Title | |
| Warranty Deed | $79,200 | Pacific Nw Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $187,500 | Purchase Money Mortgage | |
| Previous Owner | $60,000 | Credit Line Revolving | |
| Previous Owner | $70,000 | Seller Take Back |
Source: Spokane Association of REALTORS®
MLS Number: 202526348
APN: 35084.3502
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