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.
Active
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
Triplex, Multi Family
Built in 1973
-- sqft lot
$1,144,100 Zestimate®
$184/sqft
$-- HOA
What's special
New roofs
- 34 days
- 228
- 22
Zillow last checked:
Listing updated:
Listed by:
Peter Clark,
The Paragon Group
Source: NWMLS as distributed by MLS GRID,MLS#: 2562100
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
| Date | Event | Price |
|---|---|---|
| 8/18/2026 | Price change | $1,210,000-6.9%$184/sqft |
Source: | ||
| 7/30/2026 | Listed for sale | $1,300,000+559.9%$198/sqft |
Source: | ||
| 10/2/2019 | Listing removed | $895 |
Source: Red Rock Property Management Report a problem | ||
| 8/16/2019 | Listed for rent | $895+50.4% |
Source: Red Rock Property Management Report a problem | ||
| 1/8/2018 | Listing removed | $595 |
Source: Madison Property Management - Property # 437891 Report a problem | ||
| 12/7/2017 | Listed for rent | $595 |
Source: Madison Property Management - Property # 437891 Report a problem | ||
| 11/30/2012 | Sold | $197,000-4.7%$30/sqft |
Source: | ||
| 11/16/2012 | Listed for sale | $206,640+13.2%$31/sqft |
Source: Coldwell Banker Schneidmiller Realty #201222677 Report a problem | ||
| 6/10/2005 | Sold | $182,500$28/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax 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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Neighborhood: North Hill
Nearby schools
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.






