SVN Cornerstone is pleased to present the Villa Maria Apartments for sale located at 418 E Mission Ave in Spokane's Logan neighborhood. The Villa Maria Apartments consist of a 15 bedroom shared housing residence with five bathrooms. The property features a large shared kitchen, furnished common living areas, a common laundry room with two washers and two dryers, and five off street parking spaces. - Recent capital improvements include fully furnished bedrooms, upgraded copper electrical wiring, a newer asphalt shingle roof, double pane windows, and a high efficiency gas water heater. - Prime Logan neighborhood location within walking distance of Gonzaga University, downtown Spokane, shopping, dining, and major employers. - All bedrooms and common areas are fully furnished, allowing for seamless leasing and making this a turnkey investment. - Affordable by the room housing attracts a stable tenant base primarily consisting of students. - Residential utility rates reduce operating expenses and enhance NOI
Active
$1,050,000
418 E Mission Ave, Spokane, WA 99202
--beds
--baths
6,000sqft
MultiFamily
Built in 1905
-- sqft lot
$-- Zestimate®
$175/sqft
$-- HOA
What's special
Large shared kitchenFully furnished bedroomsNewer asphalt shingle roofDouble pane windowsUpgraded copper electrical wiring
- 173 days
- 112
- 4
Zillow last checked:
Listing updated:
Listed by:
Jordan Lester 509-496-6922,
SVN Cornerstone
Source: SMLS as distributed by MLS GRID,MLS#: 202614399
Facts & features
Interior
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Features
- Basement: Finished
- Has fireplace: No
Interior area
- Total structure area: 6,000
- Total interior livable area: 6,000 sqft
Property
Parking
- Parking features: Off Site
Features
- Levels: Two
- Stories: 2
Lot
- Size: 6,970 Square Feet
- Features: Level
Details
- Parcel number: 35172.0303
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Craftsman
Materials
- Wood Siding
- Roof: Composition
Condition
- Year built: 1905
Community & HOA
HOA
- Amenities included: Laundry, Gas, See Remarks
Location
- Region: Spokane
Financial & listing details
- Price per square foot: $175/sqft
- Tax assessed value: $838,000
- Annual tax amount: $8,530
- Date on market: 3/30/2026
- Listing terms: FHA,Conventional,Cash,Commercial
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$1,731/mo
Price history
| Date | Event | Price |
|---|---|---|
| 3/30/2026 | Listed for sale | $1,050,000+19.3%$175/sqft |
Source:  Coeur d'Alene MLS #26-2798 Report a problem | ||
| 4/26/2024 | Sold | $880,000-1.7%$147/sqft |
Source:  NWMLS as distributed by MLS GRID #2209356 Report a problem | ||
| 3/26/2024 | Pending sale | $895,000$149/sqft |
Source: NWMLS as distributed by MLS GRID #2209356 Report a problem | ||
| 3/12/2024 | Listed for sale | $895,000+36.6%$149/sqft |
Source: NWMLS as distributed by MLS GRID #2209356 Report a problem | ||
| 3/10/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 3/4/2024 | Price change | $575-93.3% |
Source: Zillow Rentals Report a problem | ||
| 2/27/2024 | Listed for rent | $8,625+45%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/14/2021 | Listing removed | -- |
Source: Zillow Rental Network Premium Report a problem | ||
| 3/17/2021 | Price change | $5,950-5.6%$1/sqft |
Source: Zillow Rental Network Premium Report a problem | ||
| 2/22/2021 | Listed for rent | $6,300$1/sqft |
Source: Zillow Rental Network Premium Report a problem | ||
| 1/13/2021 | Sold | $655,000-21.6%$109/sqft |
Source:  SMLS as distributed by MLS GRID #202018715 Report a problem | ||
| 12/14/2020 | Pending sale | $835,000$139/sqft |
Source: SMLS as distributed by MLS GRID #202018715 Report a problem | ||
| 7/13/2020 | Listed for sale | $835,000$139/sqft |
Source: Goodale & Barbieri #202018715 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,530 +20.4% | $838,000 +17.2% |
| 2024 | $7,085 -3% | $715,000 -5.3% |
| 2023 | $7,304 +4.7% | $754,900 +5.7% |
| 2022 | $6,974 +62.6% | $714,000 +26% |
| 2021 | $4,288 | $566,500 +102.2% |
| 2020 | -- | $280,100 +4% |
| 2019 | -- | $269,400 +7.6% |
| 2018 | -- | $250,480 |
| 2017 | -- | $250,480 -1% |
| 2016 | -- | $253,080 |
| 2015 | $7 | $253,080 |
| 2014 | $7 | $253,080 |
| 2013 | $7 | -- |
| 2010 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Logan
Nearby schools
Schools provided by the listing agent
- Elementary: Logan
- Middle: Yasuhara
- 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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