Rare Income-Producing Gem in Spokane’s West Central Neighborhood Welcome to your next smart move. This well-maintained 4-unit building sits just blocks from the vibrant Kendall Yards district; where cafés, breweries, and riverside trails are part of your daily routine. Built in 1895 and professionally managed, this property features three 1-bed/1-bath units and one 2-bed/1.5-bath space, all fully occupied. This property offers: • Prime location in a rapidly appreciating neighborhood • Alley access with detached parking; rare for multi-units in the area • Level lot (6,534 sq ft) with fenced yard space; flexible for outdoor use or future value add Imagine walking out to local dining, green spaces, and community events; your tenants will too. Financials are professionally handled and available on request. Your next chapter of passive income starts here. Schedule your private tour today. Investment opportunities like this don’t wait long.
Active
$465,000
2022 W College Ave, Spokane, WA 99201
5beds
4baths
2,632sqft
MultiFamily
Built in 1895
-- sqft lot
$448,500 Zestimate®
$177/sqft
$-- HOA
What's special
- 45 days
- 337
- 15
Zillow last checked:
Listing updated:
Listed by:
Billy Deese 509-590-5603,
Deese Real Estate
Source: SMLS as distributed by MLS GRID,MLS#: 202621040
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
Heating
- Electric, Baseboard
Appliances
- Included: Free-Standing Range, Dishwasher, Refrigerator, Washer, Dryer
Features
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 2,632
- Total interior livable area: 2,632 sqft
Property
Parking
- Total spaces: 1
- Parking features: Detached, Off Site, Alley Access
- Garage spaces: 1
Features
- Levels: Two
- Stories: 2
- Fencing: Fenced,Fenced Yard
- Has view: Yes
- View description: Territorial
Lot
- Size: 6,534 Square Feet
- Features: Level
Details
- Parcel number: 25134.1310
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
Materials
- Vinyl Siding, Wood Siding
- Roof: Composition
Condition
- Year built: 1895
Community & HOA
HOA
- Amenities included: Laundry
Location
- Region: Spokane
Financial & listing details
- Price per square foot: $177/sqft
- Tax assessed value: $376,500
- Annual tax amount: $3,848
- Date on market: 7/16/2026
- Listing terms: Conventional,Cash
- Road surface type: Paved
Estimated market value
$448,500
$426,000 - $471,000
$2,684/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/16/2026 | Listed for sale | $465,000-2.1%$177/sqft |
Source:  SMLS as distributed by MLS GRID #202621040 Report a problem | ||
| 7/1/2026 | Listing removed | $475,000$180/sqft |
Source: SMLS as distributed by MLS GRID #202521218 Report a problem | ||
| 1/19/2026 | Price change | $475,000-1.9%$180/sqft |
Source: SMLS as distributed by MLS GRID #202521218 Report a problem | ||
| 12/22/2025 | Price change | $484,000-3%$184/sqft |
Source: SMLS as distributed by MLS GRID #202521218 Report a problem | ||
| 11/1/2025 | Price change | $499,000-3.1%$190/sqft |
Source: SMLS as distributed by MLS GRID #202521218 Report a problem | ||
| 9/9/2025 | Price change | $515,000-1.9%$196/sqft |
Source: SMLS as distributed by MLS GRID #202521218 Report a problem | ||
| 7/25/2025 | Listed for sale | $525,000+150%$199/sqft |
Source: SMLS as distributed by MLS GRID #202521218 Report a problem | ||
| 9/18/2019 | Sold | $210,000+10.6%$80/sqft |
Source: SMLS as distributed by MLS GRID #201917879 Report a problem | ||
| 5/31/2006 | Sold | $189,900+495.3%$72/sqft |
Source: SMLS as distributed by MLS GRID #26015610 Report a problem | ||
| 2/6/2003 | Sold | $31,900-48.8%$12/sqft |
Source: Public Record Report a problem | ||
| 7/18/2002 | Sold | $62,250+61.7%$24/sqft |
Source: Public Record Report a problem | ||
| 3/31/1999 | Sold | $38,500-56.3%$15/sqft |
Source: Public Record Report a problem | ||
| 1/20/1999 | Sold | $88,000+3.5%$33/sqft |
Source: Public Record Report a problem | ||
| 1/5/1996 | Sold | $85,000$32/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,848 | $376,500 +10.4% |
| 2024 | -- | $341,000 -5.6% |
| 2023 | $3,501 -12.7% | $361,200 -11.9% |
| 2022 | $4,011 +62.5% | $410,100 +84.8% |
| 2021 | $2,468 -5.2% | $221,900 +5.3% |
| 2020 | $2,604 +9.7% | $210,700 +6.1% |
| 2019 | $2,374 | $198,500 +2.8% |
| 2018 | $2,374 -11.6% | $193,100 -1.7% |
| 2017 | $2,687 +0.1% | $196,500 +2.7% |
| 2016 | $2,685 -3.3% | $191,400 -1.6% |
| 2015 | $2,777 | $194,600 +3.9% |
| 2014 | $2,777 | $187,300 |
| 2013 | $2,777 +8.6% | -- |
| 2011 | $2,558 +22% | -- |
| 2010 | $2,098 | -- |
| 2009 | $2,098 +149.3% | -- |
| 2008 | $842 | -- |
| 2007 | $842 -85.8% | $75,100 |
| 2005 | $5,932 +509.2% | -- |
| 2004 | $974 +3.4% | -- |
| 2003 | $941 | -- |
| 2002 | $941 +0.2% | -- |
| 2001 | $940 -2.1% | $63,700 +2.9% |
| 1999 | $960 | $61,900 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: West Central
Nearby schools
Schools provided by the listing agent
- 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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