$479,900
Reduced 3% · Save $15,100
Joey Costello
Windermere North Spokane
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About This Home
Short Term Seller Carry Option! - PROFITABLE 4-PLEX – 8.70% CAP RATE. This is a low-maintenance addition to any portfolio. Key capital improvements include updated electrical and individual gas or electric heat sources for all four units. Perfectly situated on a spacious corner lot, this property is just a short stroll from downtown Davenport and local schools. The home offers incredible versatility with a 2-car garage—ideal for supplemental rental income—plus RV and off-street parking. Residents can enjoy a vibrant outdoor lifestyle featuring an oversized green space, a community garden, and a cozy fire-pit. High-performing multi-family asset in Davenport, WA. CAP Rate based on verified 2025 expense data and $60,600 in gross annual income. (1) 2BR/2BA, (1) 2BR/1BA, and (2) 1BR/1BA. All units currently feature all-inclusive rents, providing a simplified management structure and a high demand "one bill" option for tenants. Showings are subject to an accepted offer to respect tenant privacy.
Property Details
Property Type
Residential Income
Year Built
1900
County
Lincoln
Lot Size
0.34 acres
Living Area
3,087 sqft
Price / Sqft
$155
Garage
1-car
Schools
Elementary: Davenport
Days on Market
259 days
MLS #
SAR202610183
Parcel #
0306084001000
Total Building Area
3,087 sqft
MLS Area
A933/107
MLS Class
Rental Income
Listing Terms
FHA, VA Loan, Conventional, Cash, Owner Financing
Road Frontage
City Street, Private Road, Paved Road
Listed On
Jan 2, 2026
Status Changed
Jun 17, 2026
Last MLS Update
Jun 17, 2026
MLS Branch
96
Original List Price
$495,000
School Information
Elementary
Davenport
Home Features & Details
Architectural Style
Construction
Structure Type
Roof
Basement
Heating
Cooling
Appliances
Interior Features
Views
Parking
Lot Features
Listed By
Kimberly Dailey
John L Scott, Inc.
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
$2,599/mo
Estimated at 6.5% APR, 30-year fixed. For informational purposes only.
Property Highlights
Location
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