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Active
  • $449,900

    1112 S Ash St, Spokane, WA 99204

    4beds
    3baths
    2,002sqft
    : 
    $2,835/mo
    Get pre-qualified
    MultiFamily
    Built in 1906
    -- sqft lot
    $-- Zestimate®
    $225/sqft
    $-- HOA

    What's special

    Cash-Flowing Triplex with Value-Add Potential! Fully occupied and producing $3,275 per month in gross rental income ($39,300 annually), this investment property offers immediate returns and long-term upside. The unit mix includes one 2-bedroom unit and two 1-bedroom units with established rents of $1,400, $1,000, and $875 per month. Great South hill location! Investors will appreciate the opportunity to further increase returns through future rent adjustments, property enhancements, improved operational efficiencies, and potential basement unit expansion. With tenants already in place and income from day one, this property checks the boxes for investors seeking both stability and growth. New roof in 2019 and new vinyl windows in 2025. Rare opportunity to acquire a performing asset with existing cash flow and multiple strategies for increasing value and maximizing ROI. Showings available with accepted offer. AI was used to remove tenant personal items. Buyer and buyer's agent to verify all information.
    8 days
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    279
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    14
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    Zillow last checked:

    Listing updated:

    Listed by:

    Chris Patton 509-994-5271,

    Kelly Right Real Estate of Spokane

    Source: SMLS as distributed by MLS GRID,MLS#: 202622528MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      Heating
      • Natural Gas, Electric, Forced Air, Baseboard
      Cooling
      • Wall Unit(s)
      Appliances
      • Included: Free-Standing Range, Dishwasher, Refrigerator
      • Laundry: In Basement
      Features
      • Basement: Walk-Out Access
      • Has fireplace: Yes
      • Fireplace features: Masonry, Wood Burning
      Interior area
      • Total structure area: 2,002
      • Total interior livable area: 2,002 sqft

      Property

      Parking
      • Parking features: None
      Features
      • Levels: Two
      • Stories: 2
      Lot
      • Size: 2,683 Square Feet
      • Features: Near Public Transit
      Details
      • Parcel number: 25244.1502

      Construction

      Type & style
      • Home type: MultiFamily
      Materials
      • Wood Siding
      • Roof: Composition
      Condition
      • Year built: 1906

      Community & HOA

      HOA
      • Amenities included: Laundry, Storage
      Location
      • Region: Spokane

      Financial & listing details

      • Price per square foot: $225/sqft
      • Tax assessed value: $348,800
      • Annual tax amount: $3,567
      • Date on market: 8/13/2026
      • Listing terms: Conventional,Cash

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/13/2026Listed for sale$449,900+115.3%$225/sqft
        Source: SMLS as distributed by MLS GRID #202622528 Report a problem
        12/14/2018Listing removed$209,000$104/sqft
        Source: R. C. Schwartz & Associates #201827426 Report a problem
        10/2/2018Price change$209,000+13%$104/sqft
        Source: R. C. Schwartz & Associates #201823159 Report a problem
        8/20/2018Listed for sale$184,900$92/sqft
        Source: R. C. Schwartz & Associates #201823159 Report a problem
        2/12/2015Listing removed$550
        Source: R.C. Schwartz & Associates, Inc. Report a problem
        2/6/2015Price change$550-8.3%
        Source: R.C. Schwartz & Associates, Inc. Report a problem
        1/6/2015Listed for rent$600
        Source: R.C. Schwartz & Associates, Inc. Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,567 +6.4%$348,800 +3.3%
        2024$3,353 +9.1%$337,730 +6.6%
        2023$3,073 -1.8%$316,930 -0.9%
        2022$3,130 +15.2%$319,830 +35.7%
        2021$2,717 +16.6%$235,700 +25.1%
        2020$2,329 +4.3%$188,360 +0.9%
        2019$2,233 $186,660 +6.9%
        2018$2,233 -8.1%$174,560 +3%
        2017$2,430 +4.9%$169,460 +9.3%
        2016$2,316 +4.5%$155,060 -0.1%
        2015$2,216 $155,160
        2014$2,216 $155,160
        2013$2,216 +0%--
        2011$2,215 +16.9%--
        2010$1,895 --
        2009$1,895 +26.5%--
        2008$1,498 --
        2007$1,498 -82.8%$134,560
        2005$8,697 +417.3%--
        2004$1,681 +40.6%--
        2003$1,196 --
        2002$1,196 -0.2%--
        2001$1,198 -4.9%$81,200
        1999$1,259 $81,200
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Cliff-Cannon

        Getting around

        63 / 100
        Somewhat Walkable
        47 / 100
        Some Transit
        58 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Roosevelt
        • Middle: Sacajawea
        • High: Lewis & Clark
        • District: Spokane Dist 81

        Source: SMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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