Investor or owner-occupant opportunity featuring a centrally located fourplex with strong rental history and modern finishes throughout. Offering excellent income potential and long-term appeal. Each unit features approximately 1,100 SF with open-concept layouts, 9-foot ceilings, 2 bedrooms, and 1.5 bathrooms. Interior finishes include LVP flooring, updated cabinetry, stainless steel appliances, modern fixtures, in-unit laundry, and updated windows. Off-street parking adds additional convenience for tenants and owners alike. With attractive floor plans, newer construction, and consistent rental performance, this property presents an excellent opportunity for investors or owner-occupants. Gross Monthly Income: $5,650. NOI: $52,654.70. Cap Rate: 7%. Potential to package 1511-1517 W Euclid Ave and 8705 N Colton St for expanded investment opportunity.
64 days
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108
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3
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Zillow last checked:
Listing updated:
Listed by:
Derek Raivio360-518-9381,
LT Real Estate
Source: SMLS as distributed by MLS GRID,MLS#: 202617284
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 4
Heating
Forced Air
Cooling
Central Air
Features
Basement: None
Has fireplace: No
Property
Parking
Parking features: Off Site
Lot
Size: 6,098 Square Feet
Details
Parcel number: 35073.1306
Construction
Type & style
Home type: MultiFamily
Materials
Vinyl Siding
Roof: Composition
Condition
Year built: 2009
Community & HOA
HOA
Amenities included: None
Location
Region: Spokane
Financial & listing details
Tax assessed value: $810,200
Annual tax amount: $8,027
Date on market: 5/13/2026
Listing terms: FHA,Conventional,Cash
Road surface type: Paved
Estimated market value
Zestimate®
$738,200
Estimated sales range
$701,000 - $775,000
Rent Zestimate®
$1,327/mo
Price history
Date
Event
Price
5/13/2026
Listed for sale
$755,000+112.7%
Source: SMLS as distributed by MLS GRID #202617284Report a problem
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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.
See how much you could borrow to make a competitive offer.
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.