Fully leased investment property producing $7,545/month in rental income. Includes a total of seven condo units. Two retail spaces with 14’ ceilings (approx. 1,200 SF each), and three apartments (one 2 bed/1 bath, two 1 bed/1 bath). Two shop/storage units with fenced yard provide additional income and utility. TPO roof replaced in 2025.
Active
$750,000
209 E Sprague Ave, Spokane, WA 99202
4beds
5baths
5,380sqft
MultiFamily
Built in 1927
-- sqft lot
$695,300 Zestimate®
$139/sqft
$-- HOA
What's special
Fenced yard
- 336 days
- 93
- 3
Zillow last checked:
Listing updated:
Listed by:
Dallas Lightner 509-315-8720,
LT Real Estate,
Ryan Towner 509-481-0373,
LT Real Estate
Source: SMLS as distributed by MLS GRID,MLS#: 202524687
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
Heating
- Electric
Features
- Basement: Full,Partially Finished
- Has fireplace: No
Interior area
- Total structure area: 5,380
- Total interior livable area: 5,380 sqft
Property
Parking
- Parking features: Off Site
Features
- Levels: Two
Lot
- Size: 6,750 Square Feet
Details
- Additional parcels included: 35173.1801, 35173.1802, 35173.1803, 35173.1804, 35173.1805, 35173.1806, 35173.1807
- Parcel number: 35173.1808
Construction
Type & style
- Home type: MultiFamily
Materials
- Steel Frame
- Roof: See Remarks
Condition
- Year built: 1927
Community & HOA
HOA
- Amenities included: None
Location
- Region: Spokane
Financial & listing details
- Price per square foot: $139/sqft
- Tax assessed value: $35,720
- Annual tax amount: $406
- Date on market: 9/26/2025
- Listing terms: Conventional,Cash,Commercial
- Road surface type: Paved
Estimated market value
$695,300
$661,000 - $730,000
$1,771/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/26/2025 | Listed for sale | $750,000$139/sqft |
Source:  SMLS as distributed by MLS GRID #202524687 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $406 +26.7% | $35,720 +14.4% |
| 2024 | $321 +6.6% | $31,220 +4.3% |
| 2023 | $301 -3.4% | $29,920 -2.6% |
| 2022 | $311 -8.9% | $30,720 +7.7% |
| 2021 | $342 +0.7% | $28,520 +7.1% |
| 2020 | $339 +12.4% | $26,620 +7.6% |
| 2019 | $302 | $24,740 +2.1% |
| 2018 | $302 -12.1% | $24,240 |
| 2017 | $343 +1.8% | $24,240 +0.8% |
| 2016 | $337 -1.4% | $24,040 +2.1% |
| 2015 | $342 | $23,540 +3.5% |
| 2014 | $342 | $22,740 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: East Central
Nearby schools
Schools provided by the listing agent
- Elementary: Stevens
- Middle: Yasuhara
- High: North Central
- 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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