Active

$599,900

2927 E Olympic Ave, Spokane, WA 99217

8beds

4baths

2,912sqft

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MultiFamily

Built in 1982

-- sqft lot

$594,500 Zestimate^®

$206/sqft

$-- HOA

What's special

Off street parkingUpdated interiors

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.

82 days

86

6

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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: $451,600
Annual tax amount: $3,650
Date on market: 4/11/2026
Listing terms: VA Loan,Conventional,Cash
Road surface type: Paved

Estimated market value

$594,500

$565,000 - $624,000

$1,320/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
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

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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.

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Climate risks

Neighborhood: Hillyard

Getting around

62 / 100

Somewhat Walkable

41 / 100

Some Transit

65 / 100

Bikeable

Nearby schools

GreatSchools rating

2/10
Regal Elementary School
Grades: PK-5Distance: 0.4 mi
2/10
Shaw Middle School
Grades: 6-8Distance: 0.6 mi
3/10
Rogers High School
Grades: 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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