Income-producing triplex with $3,245 monthly revenue and all tenants current! This fully-occupied property offers strong cash flow with numerous capital improvements already completed, allowing the next owner to focus on upgrades that can further maximize rent. Located within walking distance to the vibrant Garland District, the main level features a spacious 1-bedroom unit, with another 1-bedroom upstairs and a 2-bedroom in the basement. A detached 2-car garage and a shared laundry room provide added value—consider converting the laundry to coin-op for extra income! Don’t miss this fantastic investment opportunity.
Closed
$401,500
3918 N Washington St, Spokane, WA 99205
4beds
4baths
2,378sqft
Multi Family
Built in 1916
-- sqft lot
$399,000 Zestimate®
$169/sqft
$1,273 Estimated rent
Home value
$399,000
$367,000 - $435,000
$1,273/mo
Zestimate® history
Owner options
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$2,422/mo
Est. payment
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$2,422/mo
Est. payment
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Shared laundry room
Zillow last checked:
Listing updated:
Listed by:
Jeff Hornberger 509-994-5007,
The Hornberger Group, LLC
Source: SMLS as distributed by MLS GRID,MLS#: 202425020
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Electric, Baseboard
Appliances
- Included: Free-Standing Range, Refrigerator, Washer, Dryer
Features
- Basement: Partial,Finished
- Has fireplace: No
Interior area
- Total structure area: 2,378
- Total interior livable area: 2,378 sqft
Property
Parking
- Total spaces: 2
- Parking features: Detached
- Garage spaces: 2
Accessibility
- Accessibility features: See Remarks
Features
- Levels: Two
- Stories: 2
- Has view: Yes
- View description: Territorial
Lot
- Size: 6,534 sqft
- Features: Sprinkler - Automatic, Level, Near Public Transit
Details
- Additional structures: See Remarks
- Parcel number: 35061.3110
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Craftsman
- Property subtype: Multi Family
Materials
- Wood Siding
- Roof: Composition
Condition
- Year built: 1916
Community & neighborhood
Location
- Region: Spokane
Other
Other facts
- Listing terms: FHA,VA Loan,Conventional,Cash
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 3/4/2025 | Sold | $401,500+0.4%$169/sqft |
Source:  SMLS as distributed by MLS GRID #202425020 Report a problem | ||
| 1/30/2025 | Pending sale | $400,000$168/sqft |
Source: SMLS as distributed by MLS GRID #202425020 Report a problem | ||
| 1/27/2025 | Price change | $400,000-5.9%$168/sqft |
Source: SMLS as distributed by MLS GRID #202425020 Report a problem | ||
| 12/23/2024 | Listed for sale | $425,000$179/sqft |
Source: SMLS as distributed by MLS GRID #202425020 Report a problem | ||
| 12/7/2024 | Pending sale | $425,000$179/sqft |
Source: SMLS as distributed by MLS GRID #202425020 Report a problem | ||
| 10/30/2024 | Listed for sale | $425,000+63.5%$179/sqft |
Source: SMLS as distributed by MLS GRID #202425020 Report a problem | ||
| 1/5/2022 | Sold | $260,000$109/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $290,300 +9.2% |
| 2023 | $2,579 -2.1% | $265,800 -1.2% |
| 2022 | $2,634 +19.3% | $268,900 +35.5% |
| 2021 | $2,207 +5.9% | $198,500 +17.9% |
| 2020 | $2,084 +32.7% | $168,400 +28.5% |
| 2019 | $1,570 | $131,100 +5.9% |
| 2018 | $1,570 -9% | $123,800 +6.3% |
| 2017 | $1,725 +8.2% | $116,500 +19.9% |
| 2016 | $1,595 +11% | $97,200 -3.2% |
| 2015 | $1,436 | $100,400 +4.5% |
| 2014 | $1,436 | $96,100 |
| 2013 | $1,436 -9.4% | -- |
| 2011 | $1,585 -7% | -- |
| 2010 | $1,704 | -- |
| 2009 | $1,704 +35.7% | -- |
| 2008 | $1,256 | -- |
| 2007 | $1,256 -75.9% | $112,700 |
| 2005 | $5,202 +418.2% | -- |
| 2004 | $1,004 +3.5% | -- |
| 2003 | $970 | -- |
| 2002 | $970 +0.1% | -- |
| 2001 | $969 -1.2% | $65,700 +3.8% |
| 1999 | $982 | $63,300 |
Find assessor info on the county website
Neighborhood: North Hill
Nearby schools
GreatSchools rating
- 2/10Willard Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 4/10Glover Middle SchoolGrades: 6-8Distance: 1.4 mi
- 6/10North Central High SchoolGrades: 6-12Distance: 1.5 mi
Schools provided by the listing agent
- Elementary: Willard
- Middle: Glover
- 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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$399,000
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- Washington
- Spokane County
- Spokane
- 99205
- North Hill
- 3918 N Washington St
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Spokane Topics
