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Active
  • $549,900

    7314 E 7th Ave, Spokane, WA 99212

    8beds
    4baths
    2,984sqft
    : 
    $3,465/mo
    Get pre-qualified
    MultiFamily
    Built in 1942
    -- sqft lot
    $-- Zestimate®
    $184/sqft
    $-- HOA

    What's special

    Ample off-street parkingTwo side-by-side duplexesFunctional floor plansPrivate laundry
    Cash-flow opportunity in Spokane Valley! Don't miss this fully occupied 4-unit investment property featuring two side-by-side duplexes in a highly desirable location adjacent to Edgecliff Park. With a strong rental history, this is an excellent addition to any investment portfolio or a great opportunity for a first-time multifamily investor. Each of the four units offers 2 bedrooms, 1 bathroom, private laundry, and functional floor plans that attract long-term tenants. The property provides ample off-street parking, a shared courtyard between the buildings, and sits on a quiet dead-end street for added privacy and appeal. Tenants love the convenience of being just minutes from shopping, restaurants, schools, parks, and easy commuting routes, making this a consistently desirable rental location. Whether you're looking to expand your portfolio or secure a stable income-producing property, this Spokane Valley fourplex is one you don't want to miss.
    25 days
    306
    15

    Zillow last checked:

    Listing updated:

    Listed by:

    Lenae Thornton Phone:509-209-0741,

    Keller Williams Spokane - Main

    Source: SMLS as distributed by MLS GRID,MLS#: 202622051MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 4
      Primary bedroom
      • Description: 1st Flr
      Heating
      • Natural Gas, Forced Air
      Appliances
      • Included: Free-Standing Range, Refrigerator
      Features
      • Basement: None
      • Has fireplace: No
      Interior area
      • Total structure area: 2,984
      • Total interior livable area: 2,984 sqft

      Property

      Parking
      • Parking features: Off Site
      Features
      • Levels: One
      • Stories: 1
      • Has view: Yes
      • View description: City
      Lot
      • Size: 0.35 Acres
      • Features: Level
      Details
      • Parcel number: 35241.4001

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Ranch
      Materials
      • Wood Siding
      • Roof: Composition
      Condition
      • Year built: 1942

      Community & HOA

      HOA
      • Amenities included: None
      Location
      • Region: Spokane

      Financial & listing details

      • Price per square foot: $184/sqft
      • Tax assessed value: $568,800
      • Annual tax amount: $6,114
      • Date on market: 8/3/2026
      • Listing terms: Conventional,Cash,Exchange
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/3/2026Listed for sale$549,900-15.4%$184/sqft
        Source: SMLS as distributed by MLS GRID #202622051 Report a problem
        12/30/2024Listing removed$649,898$218/sqft
        Source: SMLS as distributed by MLS GRID #202411236 Report a problem
        12/23/2024Listed for sale$649,898$218/sqft
        Source: SMLS as distributed by MLS GRID #202411236 Report a problem
        12/18/2024Pending sale$649,898$218/sqft
        Source: SMLS as distributed by MLS GRID #202411236 Report a problem
        12/11/2024Price change$649,8980%$218/sqft
        Source: SMLS as distributed by MLS GRID #202411236 Report a problem
        12/4/2024Price change$649,8990%$218/sqft
        Source: SMLS as distributed by MLS GRID #202411236 Report a problem
        11/19/2024Price change$649,900-4.4%$218/sqft
        Source: SMLS as distributed by MLS GRID #202411236 Report a problem
        11/6/2024Price change$679,8990%$228/sqft
        Source: SMLS as distributed by MLS GRID #202411236 Report a problem
        10/1/2024Price change$679,900-1.4%$228/sqft
        Source: SMLS as distributed by MLS GRID #202411236 Report a problem
        7/23/2024Price change$689,900-1.4%$231/sqft
        Source: SMLS as distributed by MLS GRID #202411236 Report a problem
        2/1/2024Listed for sale$699,900$235/sqft
        Source: SMLS as distributed by MLS GRID #202411236 Report a problem
        10/31/2022Listing removed--
        Source: SMLS as distributed by MLS GRID #202223191 Report a problem
        9/23/2022Listed for sale$699,900-9.1%$235/sqft
        Source: SMLS as distributed by MLS GRID #202223191 Report a problem
        3/23/2022Listing removed--
        Source: SMLS as distributed by MLS GRID #202210229 Report a problem
        1/8/2022Listed for sale$770,000+55.6%$258/sqft
        Source: SMLS as distributed by MLS GRID #202210229 Report a problem
        4/23/2021Sold$495,000+135.7%$166/sqft
        Source: SMLS as distributed by MLS GRID #202113400 Report a problem
        9/11/2006Sold$210,000+134.5%$70/sqft
        Source: Public Record Report a problem
        8/30/2004Sold$89,546$30/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$6,114 +2.4%$568,800 +3.2%
        2024$5,972 +4.4%$551,200 +2.8%
        2023$5,720 +14%$536,200 +12.8%
        2022$5,016 +30.6%$475,400 +49.3%
        2021$3,842 +1.3%$318,400 +12.6%
        2020$3,793 +43.5%$282,750 +39.2%
        2019$2,642 $203,150 +11.3%
        2018$2,642 -4.7%$182,550 -5.3%
        2017$2,772 -3.6%$192,750 +8.9%
        2016$2,874 +4.4%$176,950
        2015$2,754 $176,950 +2.2%
        2014$2,754 $173,150
        2013$2,754 -6.6%--
        2010$2,949 --
        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.
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 99212

        Getting around

        26 / 100
        Car-Dependent
        35 / 100
        Some Transit
        41 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Lincoln Heights
        • Middle: Chase
        • High: Ferris
        • 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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