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$1,795,000

Reduced 10% · Save $200,000
135 days
Residential Income|Built 1962
Joey Costello

Joey Costello

Windermere North Spokane

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|(509) 507-0982

About This Home

Value add play on 16 units with excellent visibility and access from Highway 2. Strong unit mix of 2br and 3br units on a large parcel that may offer a development play along Highway 2. Most units need some updating and the exterior could use landscaping help. Out of town owner wants to sell and we are looking for some new energy to make this property perform.

Property Details

Property Type

Residential Income

Year Built

1962

County

Spokane

Lot Size

2,030 acres

Total Parking

30 spaces

Schools

Elementary: Cheney

Days on Market

135 days

MLS #

SAR202616925

Parcel #

25291.9003

Annual Taxes

$14,570

MLS Area

A430/130

MLS Class

Rental Income

Listing Terms

Conventional, Cash

Road Frontage

City Street, Paved Road

Street Direction

W

Listed On

May 6, 2026

Status Changed

Jun 15, 2026

Last MLS Update

Jun 15, 2026

MLS Branch

229

Original List Price

$1,995,000

School Information

Elementary

Cheney

Home Features & Details

Construction

Steel Frame

Structure Type

Two Story

Roof

Composition

Basement

Slab

Heating

ElectricBaseboard

Appliances

Free-Standing RangeDishwasherRefrigerator

Parking

Carport

Lot Features

LevelOversized Lot

Listed By

Jay Overholser

SDS Realty, Inc.

Estimated Monthly Payment

$9,723/mo

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

Property Highlights

Year Built1962
Lot Size2,030 acres
StatusActive

Location

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