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.
Active
$549,900
7314 E 7th Ave, Spokane, WA 99212
8beds
4baths
2,984sqft
MultiFamily
Built in 1942
-- sqft lot
$-- Zestimate®
$184/sqft
$-- HOA
What's special
Ample off-street parkingTwo side-by-side duplexesFunctional floor plansPrivate laundry
- 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#: 202622051
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
| Date | Event | Price |
|---|---|---|
| 8/3/2026 | Listed for sale | $549,900-15.4%$184/sqft |
Source: | ||
| 12/30/2024 | Listing removed | $649,898$218/sqft |
Source: | ||
| 12/23/2024 | Listed for sale | $649,898$218/sqft |
Source: | ||
| 12/18/2024 | Pending sale | $649,898$218/sqft |
Source: | ||
| 12/11/2024 | Price change | $649,8980%$218/sqft |
Source: | ||
| 12/4/2024 | Price change | $649,8990%$218/sqft |
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| 11/19/2024 | Price change | $649,900-4.4%$218/sqft |
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| 11/6/2024 | Price change | $679,8990%$228/sqft |
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| 10/1/2024 | Price change | $679,900-1.4%$228/sqft |
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| 7/23/2024 | Price change | $689,900-1.4%$231/sqft |
Source: | ||
| 2/1/2024 | Listed for sale | $699,900$235/sqft |
Source: | ||
| 10/31/2022 | Listing removed | -- |
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| 9/23/2022 | Listed for sale | $699,900-9.1%$235/sqft |
Source: | ||
| 3/23/2022 | Listing removed | -- |
Source: | ||
| 1/8/2022 | Listed for sale | $770,000+55.6%$258/sqft |
Source: | ||
| 4/23/2021 | Sold | $495,000+135.7%$166/sqft |
Source: | ||
| 9/11/2006 | Sold | $210,000+134.5%$70/sqft |
Source: Public Record Report a problem | ||
| 8/30/2004 | Sold | $89,546$30/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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.Climate risks
Neighborhood: 99212
Nearby schools
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.



