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
$475,000
2924 E Broad Ave, Spokane, WA 99217
5beds
4baths
--sqft
MultiFamily
Built in 1948
-- sqft lot
$472,000 Zestimate®
$--/sqft
$-- HOA
What's special
- 13 days |
- 78 |
- 8 |
Zillow last checked:
Listing updated:
Listed by:
Billy Deese 509-590-5603,
Deese Real Estate
Source: SMLS as distributed by MLS GRID,MLS#: 202620014
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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: $363,200
- Annual tax amount: $3,605
- Date on market: 6/27/2026
- Listing terms: Conventional,Cash
- Road surface type: Paved
Estimated market value
$472,000
$448,000 - $496,000
$1,326/mo
Price history
| Date | Event | Price |
|---|---|---|
| 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 |
|---|---|---|
| 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 | $55,200 |
Find assessor info on the county website
Monthly payment
Est. payment$--/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.
See how much you could borrow to make a competitive offer.
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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- Washington
- Spokane County
- Spokane
- 99217
- Hillyard
- 2924 E Broad Ave
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Nearby neighborhoods
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