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  • $988,500

    2516 N Nevada St #2518-2520-2534, Spokane, WA 99207

    45beds
    27baths
    5,850sqft
    Multi Family
    Built in 1937
    -- sqft lot
    $965,300 Zestimate®
    $169/sqft
    $1,245 Estimated rent

    Home value

    $965,300

    $888,000 - $1.05M

    $1,245/mo

    Zestimate® history
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    What's special

    Side-by-side buildingsUnique floor planNewer roofs
    INVESTORS should be interested in this 9-UNIT INCOME PROPERTY. Location is everything and this property is one mile or less from Gonzaga University, grocery stores, restaurants, pubs, parks, Centennial Trail, and more. This property consists of three side-by-side buildings, each with 3 units; and each with two 2 bedrooms and 1 bathroom and one 1 bedroom and 1 bathroom configurations. Each unit has its own unique floor plan. Most units have been refreshed with the changeover of tenants. There are three 3-car carports with newer roofs. And in March 2025 all three buildings’ exteriors were refurbished and painted including adding a no-slip surface applied on the painted stairs. All 9 units are occupied. Monthly Gross Rents are $10,215. Owner pays Electricity & Gas ($199/mo); Water, Sewer & Garbage ($707/mo). New property management as of 1/1/25 have had a very positive impact on this property’s operations and profitability. These three buildings may also be sold individually for $333,000 each.

    Zillow last checked:

    Listing updated:

    Listed by:

    Rich King Main:(509)703-8187,

    Keller Williams Spokane - Main

    Source: SMLS as distributed by MLS GRID,MLS#: 202514751MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 45
    • Bathrooms: 27
    Dining room
    • Description: Kit Eat Sp
    Heating
    • Electric, Baseboard
    Appliances
    • Included: Free-Standing Range, Dishwasher, Refrigerator
    Features
    • Windows: Windows Vinyl, Multi Pane Windows
    • Basement: Partial
    • Has fireplace: No
    Interior area
    • Total structure area: 5,850
    • Total interior livable area: 5,850 sqft

    Property

    Parking
    • Total spaces: 9
    • Parking features: Carport, Off Site
    • Has carport: Yes
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 0.46 Acres
    • Features: Sprinkler - Automatic, Level, Corner Lot, Oversized Lot
    Details
    • Additional parcels included: 35081.4315 / 35081.4316
    • Parcel number: 35081.4314

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Contemporary
    • Property subtype: Multi Family
    Materials
    • Wood Siding
    • Roof: Composition
    Condition
    • Year built: 1937

    Community & HOA

    HOA
    • Amenities included: Laundry
    Location
    • Region: Spokane

    Financial & listing details

    • Price per square foot: $169/sqft
    • Annual tax amount: $9,344
    • Date on market: 4/10/2025
    • Listing terms: Conventional,Cash
    • Road surface type: Paved

    Price history

    DateEventPrice
    7/8/2025Sold$988,500$169/sqft
    Source: SMLS as distributed by MLS GRID #202514751 Report a problem
    4/28/2025Pending sale$988,500$169/sqft
    Source: SMLS as distributed by MLS GRID #202514751 Report a problem
    4/10/2025Listed for sale$988,500$169/sqft
    Source: SMLS as distributed by MLS GRID #202514751 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Logan

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Logan
    • 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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    $965,300
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    +$19,306
    With Zillow Showcase(estimated)
    $984,606