$625,000

9907 N Waikiki Rd Unit 9905 N. Waikiki Rd. Spokane, WA 99218

Country Homes Neighborhood

Estimated payment $3,720/month

Total Views 1,758
10 Beds
4 Baths
2,996 Sq Ft
$209 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Forced Air Heating System
  • 5-minute walk to Holmberg Park
  • Northwood Middle School Rated A-
  • High Speed Internet

About This Home

Phenomenal investment opportunity moments from Whitworth University in North Spokane. One duplex in a larger portfolio of 5 duplexes inclusive of 44 bedrooms across the ten rental units grossing an average of $20,000/month. Rarely does an active portfolio like this become available in such a desirable rental location. This is a prime candidate for reinvestment of 1031 money in today's market, as the market is prime for continuing gains in property value and rental increases under new management and as the university term resets. Call today for more information!

Listing Agent

John Leland

Upward Advisors License #50182 Listed on: 05/20/2025

Co-Listing Agent

Sean Tobin

Upward Advisors License #24002839

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,835

Year Built

  • Built in 1996

Lot Details

  • 8,597 Sq Ft Lot

Parking

  • 1,800 Parking Spaces

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,996 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Free-Standing Range

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 4 Bathrooms

Schools

  • Highland Middle School
  • Mead High School

Utilities

  • Forced Air Heating System
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 36183.0418

Community Details

Overview

  • 2 Units
  • Whitworth University Subdivision

Building Details

  • Water Sewer Expense $3,480

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,835

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Year Built: 1996
  • Property Sub-Type: Rental
  • Lot Size Acres: 0.2
  • Road Frontage Type: City Street, Paved Road
  • Co List Office Mls Id: SARSAR2031
  • Co List Office Phone: +1 (509) 808-03
  • Co List Office Phone: +1 (509) 808-03
  • MLS Status: Active
  • Subdivision Name: Whitworth University
  • Architectural Style: Traditional
  • Master Plan Zoning: LDR
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Finished, Laundry, Walk-Out Access
  • Appliances: Free-Standing Range, Refrigerator
  • Basement YN: Yes
  • Total Bedrooms: 10

Exterior Features

  • Roof: Composition
  • Construction Type: Brick Veneer, Masonite

Garage/Parking

  • Parking Features: None
  • Total Parking Spaces: 1800

Utilities

  • Heating: Natural Gas, Forced Air
  • NumberOfRanges: 2

Fee Information

  • Annual Water Sewer Expense: 3480

Schools

  • Elementary School: Evergreen
  • High School: Mead
  • Middle Or Junior School: Highland

Lot Info

  • Parcel Number: 36183.0418
  • Lot Size Sq Ft: 8597
  • Additional Parcels: No

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4835
  • Tax Database ID: 1

Map

Range of Values:

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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
2024 $4,799 $461,800 $80,000 $381,800
2023 $4,003 $452,100 $80,000 $372,100
2022 $4,146 $423,600 $58,000 $365,600
2021 $3,452 $292,900 $40,000 $252,900
2020 $3,244 $261,900 $40,000 $221,900
2019 $2,773 $225,300 $30,000 $195,300
2018 $2,761 $191,100 $25,500 $165,600
2017 $2,568 $178,100 $25,500 $152,600
2016 $2,688 $181,700 $25,500 $156,200
2015 $2,565 $177,100 $25,500 $151,600
2014 -- $159,300 $23,500 $135,800
2013 -- $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2025 05/20/25 For Sale $625,000 -- $209 / Sq Ft
Source: Spokane Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $345,000 First American Title
Warranty Deed -- Spokane County Title Co
Interfamily Deed Transfer -- First American Title Ins Co
Warranty Deed $150,000 Transnation Title Ins Co
Interfamily Deed Transfer -- Transnation Title Ins Co
Warranty Deed $129,000 Transnation Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $300,000 New Conventional
Closed $337,000 Commercial
Previous Owner $140,000 New Conventional
Previous Owner $132,000 Unknown
Previous Owner $135,000 No Value Available
Previous Owner $103,200 No Value Available
Closed $19,300 No Value Available
Source: Public Records

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Source: Spokane Association of REALTORS®

MLS Number: 202517141

Spokane Association of REALTORS®

APN: 36183.0418