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$800,000

2,358 sqft
437 days
Rental|Built 1909
Joey Costello

Joey Costello

Windermere North Spokane

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About This Home

Turnkey South Hill Triplex – Prime Location & High Income (7.14% cap rate!).Welcome to this fully renovated, income-producing triplex in the heart of Spokane’s coveted South Hill neighborhood. Whether you’re an investor looking for a high-performing asset or a buyer seeking an owner-occupant opportunity with built-in cash flow, this property checks every box. Located just minutes from top-rated schools, popular local dining, and boutique shopping, this home combines premium location with modern updates and reliable rental income. Currently producing $3,860/month with open unit rented projected rent is $6,300. Property Features- New LVP flooring, Brand-new vinyl windows for efficiency, Quartz countertops and gas ranges in beautifully updated kitchens, Tankless hot water heater, New furnace and updated mechanicals for peace of mind, Fresh paint, stylish finishes, and turnkey condition—no deferred maintenance. Each unit offers spacious layouts and modern conveniences. Come see and you will not be disappointed!

Sale Summary

Sold Price

$800,000

List Price

$800,000

Sale vs List

+0%

Close Date

Sep 15, 2025

Financing

Conventional

Buyer's Agent

Shane Bangle

Property Details

Property Type

Rental

Year Built

1909

County

Spokane

Lot Size

0.26 acres

Living Area

2,358 sqft

Price / Sqft

$339

Garage

1-car

Schools

Elementary: Spokane Dist 81, Middle: Sacajawea, High: Lewis & Clark

Days to Sell

68 days

MLS #

SAR202520101

Parcel #

35321.1512

Total Building Area

2,358 sqft

MLS Area

A210/044

MLS Class

Rental Income

Listing Terms

FHA, VA Loan, Conventional, Cash

Road Frontage

City Street, Paved Road

Street Direction

E

MLS Status

Sold

Listed On

Jul 8, 2025

Went Pending

Aug 8, 2025

Status Changed

Sep 25, 2025

Last MLS Update

Sep 27, 2025

MLS Branch

513

School Information

Elementary

Spokane Dist 81

Middle School

Sacajawea

High School

Lewis & Clark

Home Features & Details

Architectural Style

Craftsman

Construction

Steel FrameWood Siding

Structure Type

Two Story

Roof

Composition

Basement

UnfinishedWalk-Out Access

Windows

Bay Window(s)

Heating

Natural GasForced AirSee Remarks

Cooling

Other

Appliances

Indoor GrillGas RangeDishwasherRefrigeratorDisposal

Interior Features

Hot WaterPantryKitchen IslandNatural WoodworkWindows Vinyl

Accessibility

Door Width 32 Inches or More

Views

City

Parking

DetachedWorkshop in GarageOversized

Lot Features

Fenced YardSprinkler - AutomaticLevel

Other Structures

See RemarksGuest House

Listed By

Shane Bangle

Keller Williams Spokane - Main

Estimated Monthly Payment

$4,333/mo

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

Property Highlights

Year Built1909
Square Footage2,358 sqft
Lot Size0.26 acres
Price / Sqft$339
StatusClosed

Location

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