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$400,000

2,378 sqft
689 days
Rental|Built 1916
Joey Costello

Joey Costello

Windermere North Spokane

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About This Home

Income-producing triplex with $3,245 monthly revenue and all tenants current! This fully-occupied property offers strong cash flow with numerous capital improvements already completed, allowing the next owner to focus on upgrades that can further maximize rent. Located within walking distance to the vibrant Garland District, the main level features a spacious 1-bedroom unit, with another 1-bedroom upstairs and a 2-bedroom in the basement. A detached 2-car garage and a shared laundry room provide added value—consider converting the laundry to coin-op for extra income! Don’t miss this fantastic investment opportunity.

Sale Summary

Sold Price

$401,500

List Price

$400,000

Sale vs List

+0%

Close Date

Mar 4, 2025

Financing

Conventional

Buyer's Agent

Shane Bangle

Property Details

Property Type

Rental

Year Built

1916

County

Spokane

Lot Size

0.15 acres

Living Area

2,378 sqft

Price / Sqft

$168

Garage

2-car

Schools

Elementary: Spokane Dist 81, Middle: Glover, High: North Central

Days to Sell

124 days

MLS #

SAR202425020

Parcel #

35061.3110

Annual Taxes

$2,579

Total Building Area

2,378 sqft

MLS Area

A330/013

MLS Class

Rental Income

Listing Terms

FHA, VA Loan, Conventional, Cash

Road Frontage

City Street, Paved Road

Street Direction

N

MLS Status

Sold

Listed On

Oct 30, 2024

Went Pending

Feb 10, 2025

Status Changed

Mar 4, 2025

Last MLS Update

Mar 5, 2025

MLS Branch

1199

School Information

Elementary

Spokane Dist 81

Middle School

Glover

High School

North Central

Home Features & Details

Architectural Style

Craftsman

Construction

Wood Siding

Structure Type

Two Story

Roof

Composition

Basement

PartialFinished

Heating

ElectricBaseboard

Appliances

Free-Standing RangeRefrigeratorWasherDryer

Accessibility

See Remarks

Patio & Porch

Patio

Views

Territorial

Parking

Detached

Lot Features

Sprinkler - AutomaticLevelCity Bus (w/in 6 blks)

Other Structures

See Remarks

Listed By

Jeff Hornberger

The Hornberger Group, LLC

Estimated Monthly Payment

$2,167/mo

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

Property Highlights

Year Built1916
Square Footage2,378 sqft
Lot Size0.15 acres
Price / Sqft$168
StatusClosed

Location

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