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$750,000

5,712 sqft
743 days
Rental|Built 1968
Joey Costello

Joey Costello

Windermere North Spokane

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About This Home

Check out this incredible 6-plex, ideally situated in the heart of Spokane Valley! Perfect for savvy investors or those looking to expand their real estate portfolio, this well-maintained property offers 6 spacious units! Each unit features 2 bed/1 bath, plenty of space & comfort for tenants. Located just minutes from shopping centers, parks, & dining options, tenants will enjoy easy access to I-90 & Spokane transit. With steady rental demand in the area, this property offers a solid opportunity for rental income. Five out of six units are currently rented by longtime tenants. Plenty of on-site parking for tenants, including 4 covered spaces. A well-kept communal yard in the back provides a space for tenants to relax & enjoy beautiful weather, while also lending itself to potential future building options. Don’t miss out on this rare opportunity to own a multi-family property in Spokane Valley. Whether you’re an experienced investor or new to the game, this 6-plex is the the perfect addition to any portfolio!

Sale Summary

Sold Price

$810,000

List Price

$750,000

Sale vs List

+8%

Close Date

Oct 3, 2024

Financing

Cash

Buyer's Agent

Zak Allen

Property Details

Property Type

Rental

Year Built

1968

Subdivision

OPPORTUNITY ADD S94.86FT OF E311.45FT OF N431.08

County

Spokane

Lot Size

0.65 acres

Living Area

5,712 sqft

Price / Sqft

$131

Total Parking

5000 spaces

Schools

Elementary: Central Valley, Middle: North Pines, High: University

Days to Sell

27 days

MLS #

SAR202422467

Parcel #

45174.1304

Annual Taxes

$6,291

Total Building Area

5,712 sqft

MLS Area

A110/071

MLS Class

Rental Income

Listing Terms

Conventional, Cash

Road Frontage

City Street, Paved Road

Street Direction

N

MLS Status

Sold

Listed On

Sep 5, 2024

Went Pending

Sep 14, 2024

Status Changed

Oct 8, 2024

Last MLS Update

Oct 15, 2024

MLS Branch

1116

School Information

Elementary

Central Valley

Middle School

North Pines

High School

University

Home Features & Details

Architectural Style

Other

Construction

Stucco

Structure Type

Three Level

Roof

Composition

Basement

FullFinished

Heating

Electric

Cooling

Window Unit(s)

Appliances

Free-Standing RangeRefrigerator

Interior Features

High Speed InternetAlum Wn FrWindows Vinyl

Views

Territorial

Parking

Carport

Lot Features

Fenced YardTreedLevelCity Bus (w/in 6 blks)Oversized Lot

Other Structures

Shed(s)See Remarks

Listed By

Bernadette Pillar

Bernadette Pillar Real Estate

Estimated Monthly Payment

$4,063/mo

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

Property Highlights

Year Built1968
Square Footage5,712 sqft
Lot Size0.65 acres
Price / Sqft$131
StatusClosed

Location

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