Fully occupied fourplex generating $2,950 per month in gross rental income. The unit mix includes one 2-bedroom unit and three 1-bedroom units, with current rents of $1,200, $700, $525, and $525 per month. This is an excellent opportunity for investors seeking immediate cash flow with additional upside through improved management, property improvements, and future rent increases, or by adding a 5th unit. The property is fully tenant occupied, providing income from day one. Whether you're an experienced investor looking for your next value-add project or someone looking to grow a rental portfolio, this property offers the chance to increase long-term returns while generating income from the start. Entire, 4 property portfolio available as a package.
Active
Price cut: $20K (7/30)
$445,000
2924 E Broad Ave, Spokane, WA 99217
5beds
4baths
--sqft
MultiFamily
Built in 1948
-- sqft lot
$441,900 Zestimate®
$--/sqft
$-- HOA
What's special
- 61 days |
- 66 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Billy Deese 509-590-5603,
Deese Real Estate
Source: SMLS as distributed by MLS GRID,MLS#: 202620014
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
Heating
- Natural Gas, Electric, Forced Air, Baseboard
Appliances
- Included: Free-Standing Range, Refrigerator
Features
- Basement: Full,Finished
- Has fireplace: No
Property
Parking
- Parking features: None
Features
- Levels: One and One Half
- Fencing: Fenced
- Has view: Yes
- View description: Territorial
Lot
- Size: 6,534 Square Feet
- Features: Level
Details
- Parcel number: 36343.2904
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
Materials
- Masonite
- Roof: Composition
Condition
- Year built: 1948
Community & HOA
HOA
- Amenities included: None
Location
- Region: Spokane
Financial & listing details
- Tax assessed value: $340,900
- Annual tax amount: $3,487
- Date on market: 6/27/2026
- Listing terms: Conventional,Cash
- Road surface type: Paved
Estimated market value
$441,900
$420,000 - $464,000
$1,393/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/30/2026 | Price change | $445,000-4.3% |
Source:  SMLS as distributed by MLS GRID #202620014 Report a problem | ||
| 7/16/2026 | Price change | $465,000-2.1% |
Source: SMLS as distributed by MLS GRID #202620014 Report a problem | ||
| 6/27/2026 | Listed for sale | $475,000+272.5% |
Source: SMLS as distributed by MLS GRID #202620014 Report a problem | ||
| 11/14/2017 | Sold | $127,500-1.9% |
Source: SMLS as distributed by MLS GRID #201723521 Report a problem | ||
| 8/25/2017 | Listed for sale | $130,000+18.2% |
Source: Homeland Realty Group, LLC #201723521 Report a problem | ||
| 8/22/2011 | Listing removed | $295 |
Source: Rentals.com Report a problem | ||
| 7/23/2011 | Listed for rent | $295 |
Source: Rentals.com Report a problem | ||
| 7/18/2007 | Sold | $110,000 |
Source: SMLS as distributed by MLS GRID #27019872 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,487 -3.3% | $340,900 -6.1% |
| 2024 | $3,605 -2.9% | $363,200 -5.2% |
| 2023 | $3,711 +20.1% | $383,000 +21.4% |
| 2022 | $3,089 +47.3% | $315,600 +29.9% |
| 2021 | $2,098 +26.3% | $243,000 +81.3% |
| 2020 | $1,661 +16.1% | $134,050 +12.3% |
| 2019 | $1,430 | $119,350 +34.4% |
| 2018 | $1,430 +15.4% | $88,800 |
| 2017 | $1,239 +1.8% | $88,800 -0.8% |
| 2016 | $1,217 -5% | $89,500 |
| 2015 | $1,281 | $89,500 -0.6% |
| 2014 | $1,281 | $90,000 |
| 2013 | $1,281 -14.5% | -- |
| 2011 | $1,498 +16.8% | -- |
| 2010 | $1,282 | -- |
| 2009 | $1,282 +6.1% | -- |
| 2008 | $1,209 | -- |
| 2007 | $1,209 -2.1% | $108,500 |
| 2005 | $1,235 +3.6% | -- |
| 2004 | $1,192 +3.5% | -- |
| 2003 | $1,153 | -- |
| 2002 | $1,153 -0.1% | -- |
| 2001 | $1,154 +34.8% | $78,230 +41.7% |
| 1999 | $856 | $55,200 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Hillyard
Nearby schools
GreatSchools rating
- 2/10Regal Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 2/10Shaw Middle SchoolGrades: 6-8Distance: 0.4 mi
- 3/10Rogers High SchoolGrades: 9-12Distance: 0.9 mi
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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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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