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$450,000

3,094 sqft
33 days
Residential Income|Built 1899
Joey Costello

Joey Costello

Windermere North Spokane

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About This Home

Three-unit income property just north of Gonzaga University with immediate rental income, and a VA assumable loan at just 4.99%. VA-eligible buyers may be able to assume the existing financing with as little as 0% down. Live in one unit while the other two help pay the mortgage, or rent all three with potential cash flow of $1,000+/month. Current rental amount totals $4100/month. A newer roof and metal siding with newer appliances making maintenance simple. The property includes a 3-bedroom, 2-bath unit, a 2-bedroom, 1-bath unit, and a 1-bedroom, 1-bath unit. Two units have been remodeled, including the main-floor unit with new windows, LVP flooring, fresh paint, and an updated kitchen and bathroom. The third unit with long-term stable tenant offers future potential to add value. Separate electric meters, and dedicated parking spots in a fenced lot. Close to downtown Spokane, shopping, dining, the Spokane River, and Centennial Trail.

Property Details

Property Type

Residential Income

Year Built

1899

County

Spokane

Lot Size

0.16 acres

Living Area

3,094 sqft

Price / Sqft

$145

Total Parking

4 spaces

Schools

Elementary: Spokane Dist 81

Days on Market

33 days

MLS #

SAR202622731

Parcel #

35084.1815

Annual Taxes

$3,721.52

Total Building Area

3,094 sqft

MLS Area

A340/025

MLS Class

Rental Income

Listing Terms

FHA, VA Loan, Conventional, Cash

Road Frontage

Easement, City Street, Paved Road, Gravel

Street Direction

N

Listed On

Aug 17, 2026

Status Changed

Aug 24, 2026

Last MLS Update

Aug 24, 2026

MLS Branch

1221

School Information

Elementary

Spokane Dist 81

Home Features & Details

Architectural Style

Craftsman

Construction

Steel Frame

Structure Type

Two Story

Roof

Composition

Basement

FullRec/Family AreaLaundryWalk-Out Access

Flooring

Luxury Vinyl

Windows

Vinyl Frames

Heating

Natural GasElectricForced AirBaseboard

Cooling

Central Air

Appliances

Free-Standing RangeDishwasherRefrigeratorDisposalMicrowaveWasherDryerHard Surface Counters

Interior Features

Hot WaterHigh Speed Internet

Patio & Porch

Deck

Views

City

Parking

Off SiteShared Driveway

Lot Features

Fenced YardTreedLevelOversized Lot

Listed By

Cindy Carrigan

REAL Broker LLC

Estimated Monthly Payment

$2,438/mo

Estimated at 6.5% APR, 30-year fixed. For informational purposes only.

Property Highlights

Year Built1899
Square Footage3,094 sqft
Lot Size0.16 acres
Price / Sqft$145
StatusActive

Location

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