Prime Investment Opportunity: Newer 4-Plex in Spokane Presenting an exceptional investment opportunity—this 5 year new, luxury 4-plex is a turnkey property offering immense potential for long-term returns. Each of the four spacious, multi-level units features 3 bedrooms, 2.5 bathrooms with high-end finishes, making it an ideal choice for investors looking to capture both rental demand and appreciation in one of Spokane’s most iconic neighborhoods. With sleek granite countertops, stainless steel appliances, and high-end flooring throughout, these units offer modern, comfortable living spaces. The open floor plans and multi-level design provide a sense of space and privacy, while the efficient use of square footage ensures low maintenance costs and maximized rental income. The property is equipped with all the latest amenities, including Fire suppression system, energy-efficient systems, smart-home technology, and modern fixtures, giving it a competitive edge in the local rental market.
Active
$1,250,000
2001 W 7th Ave, Spokane, WA 99204
12beds
8baths
5,846sqft
MultiFamily
Built in 2020
-- sqft lot
$1,188,300 Zestimate®
$214/sqft
$-- HOA
What's special
Modern fixturesModern comfortable living spacesMulti-level designSpacious multi-level unitsOpen floor plansHigh-end finishesStainless steel appliances
- 93 days |
- 156 |
- 7 |
Zillow last checked:
Listing updated:
Listed by:
Jessica Rafter 509-842-6939,
Rafter Realty, LLC
Source: SMLS as distributed by MLS GRID,MLS#: 202614536
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 8
Primary bedroom
- Description: Wlkin Clst,Full Bath,Dbl Sinks,2nd Flr
Dining room
- Description: Informal,Kit Eat Sp,Eat Bar
Family room
- Description: 1st Flr,Off Kit
Heating
- Natural Gas, Forced Air, Heat Pump
Cooling
- Central Air
Appliances
- Included: Free-Standing Range, Dishwasher, Refrigerator, Washer, Dryer
Features
- Hard Surface Counters
- Windows: Windows Vinyl
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 5,846
- Total interior livable area: 5,846 sqft
Property
Parking
- Total spaces: 4
- Parking features: Off Site, Assigned
Accessibility
- Accessibility features: Door Width 32 Inches or More, Flash Smoke Detector, Hallways 32+
Features
- Levels: Two
- Stories: 3
- Fencing: Fenced Yard
- Has view: Yes
- View description: City, Territorial
Lot
- Size: 7,012 Square Feet
- Features: Views, Sprinkler - Automatic, Open Lot, Hillside, Corner Lot, Irregular Lot, Surveyed
Details
- Parcel number: 25244.4809
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
Materials
- Steel Frame
- Roof: Metal
Condition
- Year built: 2020
Community & HOA
HOA
- Amenities included: None
Location
- Region: Spokane
Financial & listing details
- Price per square foot: $214/sqft
- Tax assessed value: $1,282,590
- Annual tax amount: $1,200
- Date on market: 4/1/2026
- Listing terms: Conventional,Cash,Commercial
- Road surface type: Paved
Estimated market value
$1,188,300
$1.13M - $1.25M
$1,364/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/1/2026 | Listed for sale | $1,250,000$214/sqft |
Source:  SMLS as distributed by MLS GRID #202614536 Report a problem | ||
| 11/7/2025 | Listing removed | $1,250,000$214/sqft |
Source: SMLS as distributed by MLS GRID #202519925 Report a problem | ||
| 7/3/2025 | Listed for sale | $1,250,000+1462.5%$214/sqft |
Source: SMLS as distributed by MLS GRID #202519925 Report a problem | ||
| 6/18/2019 | Sold | $80,000-3%$14/sqft |
Source: SMLS as distributed by MLS GRID #201812646 Report a problem | ||
| 6/3/2018 | Listed for sale | $82,500+106.3%$14/sqft |
Source: Keller Williams Spokane - Main #201812646 Report a problem | ||
| 3/4/2015 | Sold | $40,000-68.9%$7/sqft |
Source: Public Record Report a problem | ||
| 12/27/2004 | Sold | $128,600+105.8%$22/sqft |
Source: Public Record Report a problem | ||
| 3/23/2000 | Sold | $62,500$11/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,122 +2.4% | $1,282,590 +2% |
| 2023 | $1,096 -0.9% | $1,257,490 +20% |
| 2022 | $1,106 -70.1% | $1,047,890 +260.9% |
| 2021 | $3,701 +825.3% | $290,350 +820.3% |
| 2020 | $400 +4.4% | $31,550 |
| 2019 | $383 | $31,550 |
| 2018 | $383 -13.9% | $31,550 -11.3% |
| 2017 | $445 -9.5% | $35,550 +0.3% |
| 2016 | $491 -80.3% | $35,450 -70.9% |
| 2015 | $2,490 | $121,750 -7.4% |
| 2014 | $2,490 +43.1% | $131,450 |
| 2013 | $1,740 -10.2% | -- |
| 2011 | $1,937 +16.9% | -- |
| 2010 | $1,657 | -- |
| 2009 | $1,657 +13.7% | -- |
| 2008 | $1,457 | -- |
| 2007 | $1,457 -79.9% | $130,850 |
| 2005 | $7,268 +417.6% | -- |
| 2004 | $1,404 +19% | -- |
| 2003 | $1,180 | -- |
| 2002 | $1,180 -0.2% | -- |
| 2001 | $1,182 -4.9% | $80,100 |
| 1999 | $1,242 | $80,100 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: Cliff-Cannon
Nearby schools
GreatSchools rating
- 7/10Roosevelt Elementary SchoolGrades: PK-6Distance: 1.4 mi
- 9/10Sacajawea Middle SchoolGrades: 6-8Distance: 2.4 mi
- 8/10Lewis & Clark High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- Elementary: Wilson
- 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.
A local agent can set up tours, give advice and negotiate with sellers.
- Washington
- Spokane County
- Spokane
- 99204
- Cliff-Cannon
- 2001 W 7th Ave
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Nearby neighborhoods
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