$800,000
SOLD SEP 15, 2025
8 Beds
6 Baths
2,358 Sq Ft
0.26 Acres

Recently Sold

$339 Per Sq Ft

34 Days on Market

Highlights

  • Guest House
  • City View
  • Fenced Yard
  • Sacajawea Middle School Rated A-
  • Craftsman Architecture
  • 1 Car Detached Garage

About This Home

As of September 2025

Turnkey South Hill Triplex – Prime Location & High Income (7.14% cap rate!).Welcome to this fully renovated, income-producing triplex in the heart of Spokane’s coveted South Hill neighborhood. Whether you’re an investor looking for a high-performing asset or a buyer seeking an owner-occupant opportunity with built-in cash flow, this property checks every box. Located just minutes from top-rated schools, popular local dining, and boutique shopping, this home combines premium location with modern updates and reliable rental income. Currently producing $3,860/month with open unit rented projected rent is $6,300. Property Features- New LVP flooring, Brand-new vinyl windows for efficiency, Quartz countertops and gas ranges in beautifully updated kitchens, Tankless hot water heater, New furnace and updated mechanicals for peace of mind, Fresh paint, stylish finishes, and turnkey condition—no deferred maintenance. Each unit offers spacious layouts and modern conveniences. Come see and you will not be disappointed!

Last Agent to Sell the Property

Shane Bangle

Keller Williams Spokane - Main Brokerage Phone: 509-703-0558 License #115104 Listed on: 07/08/2025

Keller Williams Spokane - Main

Last Buyer's Agent

Shane Bangle

Keller Williams Spokane - Main Brokerage Phone: 509-703-0558 License #115104 Listed on: 07/08/2025

Keller Williams Spokane - Main

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1909

Lot Details

  • 0.26 Acre Lot
  • Fenced Yard
  • Level Lot
  • Sprinkler System

Parking

  • 1 Car Detached Garage
  • Oversized Parking
  • Workshop in Garage

Home Design

  • Craftsman Architecture

Interior Spaces

  • 2,358 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Vinyl Clad Windows
  • Bay Window
  • Utility Room
  • City Views
  • Unfinished Basement

Kitchen

  • Gas Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Schools

  • Sacajawea Middle School
  • Lewis & Clark High School

Utilities

  • Forced Air Heating System
  • High Speed Internet

Additional Features

  • Doors are 32 inches wide or more
  • Guest House

Community Details

  • 3 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 35321.1512

Property Details

Home Type

Multi-Family

Year Built

Built in 1909

Lot Details

0

Parking

1

Listing Details

  • Year Built: 1909
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • ResoLotFeatures: Fenced Yard, Sprinkler - Automatic, Level
  • Lot Size Acres: 0.26
  • Road Frontage Type: City Street, Paved Road
  • View Type:Pond View: City
  • Reso Association Amenities: Laundry
  • Co List Office Mls Id: SAR872
  • Co List Office Phone: 509-458-4000
  • Attribution Contact: Main: 509-703-0558
  • Co List Office Phone: 509-458-4000
  • MLS Status: Sold
  • Reso Accessibility Features: Door Width 32 Inches or More
  • Architectural Style: Craftsman
  • Reso Interior Features: Hot Water, Pantry, Kitchen Island, Natural Woodwork, Windows Vinyl
  • ResoRoomType: Utility Room
  • Reso Structure Type: Two Story
  • Reso Window Features: Bay Window(s)
  • HighSpeedInternet: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished, Walk-Out Access
  • Appliances: Indoor Grill, Gas Range, Dishwasher, Refrigerator, Disposal
  • Total Bedrooms: 8

Exterior Features

  • Roof: Composition
  • Construction Type: Steel Frame, Wood Siding
  • Other Structures: See Remarks, Guest House

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Detached, Workshop in Garage, Oversized

Utilities

  • Cooling: Other
  • Heating: Natural Gas, Forced Air, See Remarks
  • NumberOfRanges: 3

Schools

  • Elementary School: Jefferson
  • High School: Lewis & Clark
  • Middle Or Junior School: Sacajawea

Lot Info

  • Parcel Number: 35321.1512
  • Lot Size Sq Ft: 11408

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2025
Closed on
Sep 10, 2025
Sold by
Nichols Terri L
Bought by
Greenwell Andrew and Greenwell Alexis
Seller's Agent
Shane Bangle
Keller Williams Spokane - Main
Buyer's Agent
Shane Bangle
Keller Williams Spokane - Main
List Price
$800,000
Sold Price
$800,000
Views
219
Current Estimated Value
$789,792

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,208
Avg. Annual Appreciation
-4.48%
Original Mortgage
$40,000
Outstanding Balance
$40,000
Interest Rate
6.72%
Mortgage Type
Seller Take Back
Estimated Equity
$749,792

Purchase Details

Listed on
Sep 28, 2022
Closed on
Oct 28, 2022
Sold by
Phillipe Jennifer
Bought by
Nichols Terri L
Seller's Agent
Kolby Schoenrock
Windermere City Group
Buyer's Agent
Branden Griffith
Windermere City Group
List Price
$635,000
Sold Price
$635,000
Views
5

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.38%

Purchase Details

Closed on
Feb 4, 2020
Sold by
Schaff Ryan J
Bought by
Phillipe Jennifer

Purchase Details

Closed on
Apr 19, 2006
Sold by
Larson Lance and Kokotan Larson Julie
Bought by
Crowner David and Morrill Carolyn L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.29%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 29, 2005
Sold by
Desjardins Richard J
Bought by
Larson Lance and Kokotan Larson Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,920
Interest Rate
6.12%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 10, 2002
Sold by
Wylie William M and Wylie Charlene L
Bought by
Desjardins Richard C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
4.87%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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

Purchase History

Date Type Sale Price Title Company
Warranty Deed $800,000 Vista Title
Warranty Deed -- First American Title
Quit Claim Deed -- None Available
Warranty Deed $254,500 Pacific Nw Title
Warranty Deed $229,900 Transnation Title
Warranty Deed $90,000 Spokane County Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $40,000 Seller Take Back
Open $719,250 VA
Previous Owner $240,000 Fannie Mae Freddie Mac
Previous Owner $183,920 Fannie Mae Freddie Mac
Previous Owner $81,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/15/2025 09/15/25 Sold $800,000 0.0% $339 / Sq Ft
08/11/2025 08/11/25 Pending -- -- --
07/08/2025 07/08/25 For Sale $800,000 +26.0% $339 / Sq Ft
11/02/2022 11/02/22 Sold $635,000 0.0% $274 / Sq Ft View Prior Sale
10/04/2022 10/04/22 Pending -- -- --
09/28/2022 09/28/22 For Sale $635,000 -- $274 / 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 $4,812 $417,900 $105,000 $312,900
2024 $4,812 $485,200 $90,000 $395,200
2023 $3,952 $420,560 $79,860 $340,700
2022 $3,508 $404,130 $76,430 $327,700
2021 $3,163 $265,860 $63,660 $202,200
2020 $3,262 $264,160 $63,660 $200,500
2019 $2,812 $235,200 $62,400 $172,800
2018 $2,913 $209,400 $52,000 $157,400
2017 $2,615 $191,400 $42,000 $149,400
2016 $2,843 $193,900 $42,000 $151,900
2015 $2,903 $203,400 $40,000 $163,400
2014 -- $206,800 $35,000 $171,800
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Spokane Association of REALTORS®

MLS Number: 202520101

Spokane Association of REALTORS®

APN: 35321.1512