NOT LISTED FOR SALE

911 E Indiana Ave Spokane, WA 99207

Logan Neighborhood
3 Beds
2 Baths
5,700 Sq Ft
0.31 Acres

Last Sold February 17, 2023

Last sale price $1,100,000 $193 Per Sq Ft

12 Days on Market

Highlights

  • 0.31 Acre Lot
  • Traditional Architecture
  • Cooling Available
  • Lewis & Clark High School Rated A
  • 4 Car Attached Garage
  • Baseboard Heating

About This Home

As of February 2023

** Investor Alert!! ** Nice cash flow on this 8-unit apartment building that is just a half mile to the Gonzaga University campus. The two South end units have wood burning fireplaces, a few units have updated kitchen cabinets and tile in the kitchen and baths, one unit has new carpet and paint and another unit is being remodeled to a two-bedroom unit with laundry in the unit and will also have new paint and flooring. The four garages are for small cars only and used for storage. Two laundry rooms (one on each level) have coin operated laundry machines for a bit more income. See cash flow report in associated documents for unit rents. New roof in 2016! This one is going to sell quickly!

Last Agent to Sell the Property

Sabrina Jones-Schroeder

EXIT Real Estate Professionals License #2098 Listed on: 11/17/2022

EXIT Real Estate Professionals

Last Buyer's Agent

Ryan Towner

LT Real Estate License #24027253

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 0.31 Acre Lot
  • Level Lot
  • Open Lot

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 5,700 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Free-Standing Range

Parking

  • 4 Car Attached Garage
  • Alley Access
  • Garage Door Opener

Schools

  • Logan Elementary School
  • Shaw Middle School
  • Lewis & Clark High School

Utilities

  • Cooling Available
  • Radiant Ceiling
  • Baseboard Heating
  • 200+ Amp Service
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 35084.2412

Community Details

Building Details

  • Insurance Expense $1,896
  • Other Expense $3,000
  • Water Sewer Expense $10,500

Additional Features

  • 8 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Sub Type: Rental Income
  • Access: Pub Rd, Paved
  • Class: Rental Income
  • Year Built: 1965
  • Style Of Construction: 2 Story
  • Lvt Date: 11/17/2022
  • Common Interest Community: No
  • Geo Address Line: 911 E Indiana Ave
  • Geo Primary City: Spokane
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 11/18/2022 2:20:18 AM
  • Geo Zoom Level: 15
  • Sr High: Lewis & Clark
  • Year Renovated: 2022
  • Jr High: Shaw
  • Allow Public Comments: Yes
  • High Speed Internet Avail: Yes
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Approx Sq Ft: 5700
  • Price Per Sq Ft: 192.98
  • Number of Stories: 2
  • Special Features: Mn Flr Util, Alum Wn Fr, Vinyl Wn Fr, Multi Pn Wn
  • Design: Traditional
  • Features: 200 AMP, Breakers
  • Fireplace: Wood
  • Kitchen Appliances: Fr Stnd Rng, Refrig
  • Number of Ranges: 8
  • Number of Refrigerators: 8

Exterior Features

  • Exterior: Brick
  • Roof: Comp

Garage/Parking

  • Garage Parking: Attached, Opener, Alley Access
  • Garage Size: 4+
  • Number Garages: 4
  • Number Parking Spaces: 16

Utilities

  • Heating/Cooling: Elec, Basebd, Radiant-Clng
  • Power Company: Avista
  • Water Company: City of Sp

Condo/Co-op/Association

  • Common Amenities: Lndry

Schools

  • School District: Spokane Dist 81
  • Elementary School: Logan

Lot Info

  • Acres Mol: 0.31
  • Estimated Lot Sq Ft: 13450
  • Loc Dir E W: E
  • Loc Numberblk E W: 9
  • Estimated Lot Dimension Depth: 142
  • Estimated Lot Dimension Front: 95
  • Lot Information: Level, Open, Bus Rt
  • Parcel Number: 35084.2412
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr
  • Loc Numberblk N S: 16
  • Additional Assessor Parcel Numbers: 35084.2411
  • Multiple Parcels: Yes

Tax Info

  • Taxes: $5,543

Multi Family

  • Number Of Units: 8
  • Number Units A: 3
  • Number Units B: 5

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/17/2023 02/17/23 Sold $1,100,000 0.0% $193 / Sq Ft
11/29/2022 11/29/22 Pending -- -- --
11/28/2022 11/28/22 For Sale $1,100,000 0.0% $193 / Sq Ft
11/21/2022 11/21/22 Pending -- -- --
11/17/2022 11/17/22 For Sale $1,100,000 -- $193 / Sq Ft
Source: Spokane Association of REALTORS®

Tax History Compared to Growth

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 $8,112 $899,500 $121,050 $778,450
2024 $8,112 $818,800 $121,050 $697,750
2023 $6,155 $831,600 $107,600 $724,000
2022 $5,139 $630,000 $47,080 $582,920
2021 $5,149 $433,400 $33,630 $399,770
2020 $5,363 $434,970 $33,630 $401,340
2019 $3,858 $322,930 $33,630 $289,300
2018 $4,211 $302,860 $21,860 $281,000
2017 $3,936 $288,280 $20,180 $268,100
2016 $3,914 $280,480 $20,180 $260,300
2015 $3,979 $278,980 $20,180 $258,800
2014 -- $289,450 $13,450 $276,000
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sabrina Jones-Schroeder

    Seller's Agent in 2023

    Sabrina Jones-Schroeder

    EXIT Real Estate Professionals

    (509) 879-8800

    4 in this area

    146 Total Sales

    Sabrina Jones-Schroeder
    Section Image
  • Ryan Towner

    Buyer's Agent in 2023

    Ryan Towner

    LT Real Estate

    (509) 481-0373

    2 in this area

    93 Total Sales

    Ryan Towner
    Section Image
See All Agents

Map

Source: Spokane Association of REALTORS®

MLS Number: 202225429

Spokane Association of REALTORS®
Washington Spokane County Spokane 99207 Logan

911 E Indiana Ave, Spokane, WA

Not Listed for Sale

MultiFamily

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