864 S Sherman St Unit 876 Spokane, WA 99202
East Central NeighborhoodEstimated payment $2,033/month
Highlights
- Property is near public transit
- Corner Lot
- Shed
- Sacajawea Middle School Rated A-
- Landscaped with Trees
- Forced Air Heating System
About This Home
INVESTORS: DUPLEX NEAR HOSPITALS AND PERRY DISTRICT. Start with or add this cash flowing rental property to your portfolio. Both units are 1BR/1BA with 525 sqft (1,050 sqft total). Both in good condition. Almost 100% occupied since Dec 2021. Solid tenants. Rents are currently $1,045 & $1,020 per month. Tenants pay Water/Sewer/Garbage. Gross Annual Income $24,780. Priced to sell at a 5.7% Cap Rate.
Listing Agent
Keller Williams Spokane - Main Brokerage Phone: (509) 703-8187 License #128097 Listed on: 09/21/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,843
Year Built
- Built in 1930
Lot Details
- 7,100 Sq Ft Lot
- Fenced
- Corner Lot
- Oversized Lot
- Level Lot
- Landscaped with Trees
Parking
- Off-Site Parking
Interior Spaces
- 1,050 Sq Ft Home
- 1-Story Property
- Vinyl Clad Windows
Kitchen
- Free-Standing Range
- Microwave
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Schools
- Sacajawea Middle School
- Lewis & Clark High School
Additional Features
- Shed
- Property is near public transit
- Forced Air Heating System
Community Details
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 35203.1414
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 | $2,843 | $253,100 | $75,000 | $178,100 |
| 2024 | $2,843 | $286,200 | $80,000 | $206,200 |
| 2023 | $2,785 | $278,200 | $72,000 | $206,200 |
| 2022 | $2,478 | $284,400 | $63,000 | $221,400 |
| 2021 | $2,284 | $191,710 | $48,510 | $143,200 |
| 2020 | $2,175 | $175,800 | $46,200 | $129,600 |
| 2019 | $1,954 | $163,300 | $42,000 | $121,300 |
| 2018 | $1,129 | $80,820 | $22,720 | $58,100 |
| 2017 | $1,018 | $74,200 | $21,300 | $52,900 |
| 2016 | $1,057 | $75,400 | $28,000 | $47,400 |
| 2015 | $1,176 | $82,100 | $25,000 | $57,100 |
| 2014 | -- | $82,100 | $25,000 | $57,100 |
| 2013 | -- | $0 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/21/2025 09/21/25 | For Sale | $340,000 | -- | $324 / Sq Ft |
Source: Spokane Association of REALTORS®
MLS Number: 202524382
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