$565,000
Reduced 6% · Save $34,000
Joey Costello
Windermere North Spokane
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About This Home
Great investment opportunity featuring a fully occupied 4-plex in North Spokane within the sought-after Mead School District. Offering strong rental history, immediate income, and future upside potential, this property presents an attractive value-add opportunity in a highly rentable location. Each spacious 2 bed, 2 bath unit includes in-unit laundry, individual A/C, private one-car garages, and functional layouts that appeal to long-term tenants. Lower units feature walk-out yards, while upper units enjoy private decks. Recent improvements include a partial roof in 2022, plus updated flooring, paint, and appliances in select units. Conveniently located near retail, restaurants, schools, and public transit. Gross Monthly Income: $4,325. NOI: $23,966. Potential to package with 1111 & 1117 W Providence for expanded investment opportunity.
Sale Summary
Sold Price
$510,000
List Price
$565,000
Sale vs List
-10%
Close Date
Jul 28, 2026
Financing
Other
Buyer's Agent
Aaron Beal
Property Details
Property Type
Residential Income
Year Built
1981
County
Spokane
Lot Size
0.21 acres
Living Area
3,888 sqft
Price / Sqft
$145
Garage
4-car
Schools
Elementary: Mead, Middle: Mountainside, High: Mt Spokane
Days to Sell
74 days
MLS #
SAR202617413
Parcel #
36202.0708
Annual Taxes
$5,700
Total Building Area
3,888 sqft
MLS Area
A341/061
MLS Class
Rental Income
Listing Terms
Conventional, Cash
Road Frontage
City Street, Paved Road
Street Direction
N
MLS Status
Sold
Listed On
May 14, 2026
Went Pending
Jun 13, 2026
Status Changed
Jul 30, 2026
Last MLS Update
Jul 30, 2026
MLS Branch
328
Original List Price
$599,000
School Information
Elementary
Mead
Middle School
Mountainside
High School
Mt Spokane
Home Features & Details
Architectural Style
Construction
Structure Type
Roof
Basement
Heating
Cooling
Appliances
Views
Parking
Lot Features
Listed By
Luke Mischke
Coldwell Banker Tomlinson
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
$3,060/mo
Estimated at 6.5% APR, 30-year fixed. For informational purposes only.
Property Highlights
Location
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