Strong performing 4-plex designed for investors seeking reliable income and long term stability. Current rents total $5,400 per month, delivering excellent cash flow and making this a solid addition to an investment portfolio or a strategic entry into multi family ownership. Several tenants are month-to-month, creating the possibility of owner-occupant purchase. Each of the four units offers a 2 bedroom, 1 bath layout with updated interiors that attract quality tenants and support consistent occupancy. Well maintained throughout, the property includes off street parking +dedicated tenant storage. Each unit features its own laundry hookups, and washers & dryers are included, creating added tenant appeal and reducing vacancy risk. Located near a bus route providing convenient access to transportation for tenants to nearby stores & restaurants.
Active
$599,900
2927 E Olympic Ave, Spokane, WA 99217
8beds
4baths
2,912sqft
MultiFamily
Built in 1982
-- sqft lot
$592,100 Zestimate®
$206/sqft
$-- HOA
What's special
Off street parkingUpdated interiors
- 130 days |
- 93 |
- 14 |
Zillow last checked:
Listing updated:
Listed by:
Cindy Carrigan Phone:(509)844-3664,
REAL Broker LLC
Source: SMLS as distributed by MLS GRID,MLS#: 202615275
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Primary bedroom
- Description: Dbl Clst
Dining room
- Description: Informal
Heating
- Electric, Ductless
Appliances
- Included: Dishwasher, Refrigerator, Washer, Dryer
Features
- Basement: Full,Finished
- Has fireplace: No
Interior area
- Total structure area: 2,912
- Total interior livable area: 2,912 sqft
Property
Parking
- Total spaces: 4
- Parking features: Alley Access, Assigned
Features
- Levels: Two
- Stories: 2
- Fencing: Fenced
Lot
- Size: 6,350 Square Feet
- Features: Sprinkler - Automatic, Level, Near Public Transit
Details
- Parcel number: 36343.2017
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Contemporary
Materials
- Wood Siding
- Roof: Composition
Condition
- Year built: 1982
Community & HOA
HOA
- Amenities included: None
Location
- Region: Spokane
Financial & listing details
- Price per square foot: $206/sqft
- Tax assessed value: $355,500
- Annual tax amount: $3,650
- Date on market: 4/11/2026
- Listing terms: VA Loan,Conventional,Cash
- Road surface type: Paved
Estimated market value
$592,100
$562,000 - $622,000
$1,478/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/26/2026 | Listed for sale | $599,900$206/sqft |
Source:  SMLS as distributed by MLS GRID #202615275 Report a problem | ||
| 6/15/2026 | Pending sale | $599,900$206/sqft |
Source: SMLS as distributed by MLS GRID #202615275 Report a problem | ||
| 4/11/2026 | Listed for sale | $599,900$206/sqft |
Source: SMLS as distributed by MLS GRID #202615275 Report a problem | ||
| 4/9/2026 | Listing removed | $599,900$206/sqft |
Source: SMLS as distributed by MLS GRID #202613739 Report a problem | ||
| 3/19/2026 | Pending sale | $599,900+250.8%$206/sqft |
Source: SMLS as distributed by MLS GRID #202613739 Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 8/20/2018 | Listing removed | $950 |
Source: Owner Report a problem | ||
| 7/18/2018 | Listed for rent | $950+11.6% |
Source: Owner Report a problem | ||
| 10/31/2017 | Listing removed | $851 |
Source: Owner Report a problem | ||
| 8/14/2017 | Price change | $851+0.2% |
Source: Owner Report a problem | ||
| 7/25/2017 | Price change | $849+7.5% |
Source: Owner Report a problem | ||
| 7/8/2017 | Listed for rent | $790 |
Source: Owner Report a problem | ||
| 8/12/2016 | Sold | $171,000-3.9%$59/sqft |
Source: SMLS as distributed by MLS GRID #201617224 Report a problem | ||
| 5/11/2016 | Listed for sale | $178,000-25.8%$61/sqft |
Source: Coldwell Banker Schneidmiller #201617224 Report a problem | ||
| 10/17/2009 | Listing removed | $240,000$82/sqft |
Source: Tomlinson North Report a problem | ||
| 5/2/2009 | Listed for sale | $240,000+45.5%$82/sqft |
Source: Tomlinson North Report a problem | ||
| 12/20/2002 | Sold | $165,000+56.5%$57/sqft |
Source: Public Record Report a problem | ||
| 11/8/1999 | Sold | $105,437$36/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,650 -18.5% | $355,500 -21.3% |
| 2024 | $4,479 +0.4% | $451,600 -2% |
| 2023 | $4,461 +11.5% | $460,600 +12.5% |
| 2022 | $4,003 +35.7% | $409,300 +39.5% |
| 2021 | $2,949 +29.1% | $293,400 +58.9% |
| 2020 | $2,284 +17.5% | $184,650 +13.7% |
| 2019 | $1,944 | $162,450 +4.9% |
| 2018 | $1,944 -9.8% | $154,880 |
| 2017 | $2,157 +1.8% | $154,880 -2.6% |
| 2016 | $2,118 -6.7% | $158,980 |
| 2015 | $2,270 | $158,980 |
| 2014 | $2,270 | $158,980 |
| 2013 | $2,270 -0.4% | -- |
| 2011 | $2,279 +24.7% | -- |
| 2010 | $1,827 | -- |
| 2009 | $1,827 +6.1% | -- |
| 2008 | $1,723 | -- |
| 2007 | $1,723 -9.6% | $154,800 |
| 2005 | $1,905 +3.4% | -- |
| 2004 | $1,842 -2.3% | -- |
| 2003 | $1,886 +5.9% | -- |
| 2002 | $1,781 +0.2% | -- |
| 2001 | $1,777 | $120,430 |
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: 0.4 mi
- 2/10Shaw Middle SchoolGrades: 6-8Distance: 0.6 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.
- $--2 bd1 ba750 sqft2927 E Olympic Ave APT 4, Spokane, WA 99217Off Market
- $1,2452 bd1 ba750 sqft2927 E Olympic Ave APT 2, Spokane, WA 99217For Rent
- $--2 bd1 ba740 sqft2927 E Olympic Ave #HI, Spokane, WA 99217Off Market
- $286,7004 bd2 ba756 sqft2933 E Olympic Ave, Spokane, WA 99217Off Market
- $--2 bd1 ba650 sqft2933 E Olympic Ave APT 2, Spokane, WA 99217Off Market
- $--2 bd1 ba650 sqft2933 E Olympic Ave APT 1, Spokane, WA 99217Off Market
- $325,0003 bd-- ba1.5k sqft2923 E Olympic Ave, Spokane, WA 99217Sold
- $235,9003 bd1 ba928 sqft2917 E Olympic Ave, Spokane, WA 99217Off Market
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