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  • Listed by: The Paragon Group • Peter Clark
    Price cut: $90K (8/18)
    $1,210,000

    1332 W Garland Avenue, Spokane, WA 99205

    15beds
    9baths
    6,570sqft
    : 
    $7,389/mo
    Get pre-qualified
    Triplex, Multi Family
    Built in 1973
    -- sqft lot
    $1,144,100 Zestimate®
    $184/sqft
    $-- HOA

    What's special

    New roofs
    3906-3912 N Cedar St & 1332-1336 W Garland Ave offers three triplexes on three parcels in Spokane’s Garland District. The 9-unit portfolio has already benefited from meaningful ownership investment, including renovated interiors in 6 of 9 units, and major CapEx such as new roofs and windows. With stabilized performance and proven rent growth on renovated units, the portfolio offers dependable in-place income with additional upside remaining. The remaining upside is straightforward and achievable. As long-term tenants naturally vacate, select units can be renovated to match the quality of the completed interiors, allowing rents to continue moving toward proven renovated unit levels. This creates a clear path to incremental cash flow growth while preserving the portfolio’s stabilized performance. Located in the heart of the Garland District, the portfolio benefits from one of Spokane’s most recognizable neighborhood corridors. Known for its historic theater, local restaurants, shops, pubs, and neighborhood character, Garland provides tenants with a walkable, amenity-rich setting while remaining close to Spokane’s broader employment and commercial centers. Continued reinvestment in the district has strengthened its appeal, making the location a clear positive for long-term tenant demand.
    34 days
    228
    22

    Zillow last checked:

    Listing updated:

    Listed by:

    Peter Clark,

    The Paragon Group

    Source: NWMLS as distributed by MLS GRID,MLS#: 2562100MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 15
      • Bathrooms: 9
      Heating
      • Baseboard, Electric
      Cooling
      • Window Unit(s)
      Features
      • Has fireplace: No
      Interior area
      • Total structure area: 6,570
      • Total interior livable area: 6,570 sqft

      Property

      Parking
      • Total spaces: 9
      • Carport spaces: 9
      Lot
      • Size: 0.42 Acres
      Details
      • Parcel number: 35062.2907
      • Zoning description: Multi-Family,Residential,Jurisdiction: City
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Tri-plex
      • Property subtype: Triplex, Multi Family
      Materials
      • Brick
      • Foundation: Block
      • Roof: Composition
      Condition
      • Good
      • Year built: 1973

      Utilities & green energy

      • Sewer: Sewer Connected
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Shadle Garland
      Location
      • Region: Spokane

      Financial & listing details

      • Price per square foot: $184/sqft
      • Tax assessed value: $385,200
      • Annual tax amount: $7,904
      • Date on market: 7/28/2026
      • Cumulative days on market: 35 days
      • Listing terms: Conventional

        Estimated market value

        $1,144,100

        $1.09M - $1.20M

        $1,597/mo

        Price history

        DateEventPrice
        8/18/2026Price change$1,210,000-6.9%$184/sqft
        Source: NWMLS as distributed by MLS GRID #2562100 Report a problem
        7/30/2026Listed for sale$1,300,000+559.9%$198/sqft
        Source: NWMLS as distributed by MLS GRID #2562100 Report a problem
        10/2/2019Listing removed$895
        Source: Red Rock Property Management Report a problem
        8/16/2019Listed for rent$895+50.4%
        Source: Red Rock Property Management Report a problem
        1/8/2018Listing removed$595
        Source: Madison Property Management - Property # 437891 Report a problem
        12/7/2017Listed for rent$595
        Source: Madison Property Management - Property # 437891 Report a problem
        11/30/2012Sold$197,000-4.7%$30/sqft
        Source: SMLS as distributed by MLS GRID #201222677 Report a problem
        11/16/2012Listed for sale$206,640+13.2%$31/sqft
        Source: Coldwell Banker Schneidmiller Realty #201222677 Report a problem
        6/10/2005Sold$182,500$28/sqft
        Source: SMLS as distributed by MLS GRID #25015880 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,952 +4.8%$385,200 +1.4%
        2024$3,770 -3.8%$379,870 -6.1%
        2023$3,918 +17.4%$404,370 +18.6%
        2022$3,336 +27.4%$340,970 +61.6%
        2021$2,619 +5.6%$211,000 +5.2%
        2020$2,480 +14.4%$200,610 +10.8%
        2019$2,167 $181,110 +5.2%
        2018$2,167 -9.6%$172,150
        2017$2,396 +1.8%$172,150 -0.7%
        2016$2,353 -6.3%$173,350 -4.4%
        2015$2,510 $181,250 +0%
        2014$2,510 -3%$181,200
        2013$2,587 +7.2%--
        2011$2,414 +16.9%--
        2010$2,065 --
        2009$2,065 +6.1%--
        2008$1,947 --
        2007$1,947 -82.3%$175,000
        2005$11,008 +416.9%--
        2004$2,130 +14.6%--
        2003$1,858 --
        2002$1,858 +0.2%--
        2001$1,855 -4.9%$125,700
        1999$1,949 $125,700
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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.
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        Climate risks

        Neighborhood: North Hill

        Getting around

        75 / 100
        Very Walkable
        41 / 100
        Some Transit
        51 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Willard Elem
        • Middle: Glover Mid
        • High: North Central High

        Source: NWMLS 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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