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$1,299,999
Joey Costello
Windermere North Spokane
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Make a winning offer with the help of a local expert
About This Home
The Palouse & 57th Duplexes offer a prime investment opportunity in Spokane’s South Hill at 3806-3814 E 57th Ave. This property includes two single-story duplexes with four 3-bedroom, 2-bathroom units, each featuring a 2-car garage and fenced backyard patio. A versatile 30x60 shop with a powered roll-up door adds extra rental income potential. Built in 2003, these well-maintained units have under-market rents, allowing for increased revenue in a low-vacancy area. A newly renovated unit is rent-ready, with month-to-month leases offering flexibility. Located near transit, schools, shopping, and parks, this property appeals to tenants and investors alike. With further development potential, the Palouse & 57th Duplexes are a significant opportunity in Spokane’s desirable South Hill.
Sale Summary
Sold Price
$1,220,000
List Price
$1,299,999
Sale vs List
-6%
Close Date
Oct 31, 2024
Financing
Conventional
Buyer's Agent
Mollie Sweat
Property Details
Property Type
Rental
Year Built
2003
County
Spokane
Lot Size
1.01 acres
Living Area
5,304 sqft
Price / Sqft
$245
Garage
2-car
Schools
Elementary: Spokane Dist 81, High: Lewis & Clark
Days to Sell
29 days
MLS #
SAR202423718
Parcel #
34034.0422
Total Building Area
5,304 sqft
MLS Area
A211/090
MLS Class
Rental Income
Listing Terms
FHA, VA Loan, Conventional, Cash
Road Frontage
Easement, City Street, Paved Road
Street Direction
E
MLS Status
Sold
Listed On
Oct 1, 2024
Went Pending
Oct 3, 2024
Status Changed
Nov 1, 2024
Last MLS Update
Nov 2, 2024
MLS Branch
708
School Information
Elementary
Spokane Dist 81
High School
Lewis & Clark
Home Features & Details
Architectural Style
Construction
Structure Type
Roof
Basement
Windows
Heating
Cooling
Utilities
Appliances
Interior Features
Fireplace Features
Accessibility
Patio & Porch
Parking
Lot Features
Other Structures
Listed By
Jacob Browne
Prime Real Estate Group
Joey Costello
Windermere North Spokane
Tour for free, no strings attached
Make a winning offer with the help of a local expert
Estimated Monthly Payment
$7,042/mo
Estimated at 6.5% APR, 30-year fixed. For informational purposes only.
Property Highlights
Location
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