Investor's Dream - Triple the Opportunity Uncover a rare investment opportunity in Spokane Valley with this expansive .92-acre lot boasting R-4 Zoning. This property comprises three distinct living quarters: a spacious 1424 sq ft ranch-style home featuring 2 beds and I bath, an intimate 440 sq ft bungalow with I bed and 1 bath, and a massive 40'x70' shop that includes a well-appointed living space with 2 beds and 2 bath. Storage is abundant across two additional spaces, offering a total of 2675 sq ft. Connected to sewer system. Square footage and bedroom counts encompass multiple units on site. Request the Spec Sheet from Associated Docs through your real estate advisor for complete details.
Closed
$567,000
8411 E Alki Ave, Spokane, WA 99212
5beds
4baths
--sqft
Multi Family
Built in 1947
-- sqft lot
$561,900 Zestimate®
$--/sqft
$1,647 Estimated rent
Home value
$561,900
$517,000 - $612,000
$1,647/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
James Faucett 509-370-9707,
Kelly Right Real Estate of Spokane
Source: SMLS as distributed by MLS GRID,MLS#: 202421011
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
Primary bedroom
- Description: Dbl Sinks
Heating
- Natural Gas, Forced Air, Baseboard
Appliances
- Included: Free-Standing Range
Features
- Basement: Crawl Space,See Remarks
- Has fireplace: No
Property
Parking
- Total spaces: 4
- Parking features: Attached, Detached, Underground, RV Access/Parking, Workshop in Garage, Off Site
- Garage spaces: 4
Lot
- Size: 0.92 Acres
- Features: Level, Oversized Lot, Legal Non-Conforming
Details
- Additional structures: Workshop, Guest House
- Parcel number: 45184.0418
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch,Barndominium
- Property subtype: Multi Family
Materials
- Steel Frame, Vinyl Siding, See Remarks
- Roof: Composition,Metal
Condition
- Year built: 1947
Community & HOA
HOA
- Amenities included: See Remarks
Location
- Region: Spokane
Financial & listing details
- Tax assessed value: $532,300
- Annual tax amount: $5,906
- Date on market: 8/8/2024
- Listing terms: Conventional,Cash
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 2/24/2025 | Sold | $567,000-2.2% |
Source:  SMLS as distributed by MLS GRID #202421011 Report a problem | ||
| 1/9/2025 | Pending sale | $579,900 |
Source: SMLS as distributed by MLS GRID #202421010 Report a problem | ||
| 12/9/2024 | Price change | $579,900-3.3% |
Source: SMLS as distributed by MLS GRID #202421010 Report a problem | ||
| 10/16/2024 | Price change | $599,900-2.4% |
Source: SMLS as distributed by MLS GRID #202421010 Report a problem | ||
| 8/27/2024 | Price change | $614,900-5.4% |
Source: SMLS as distributed by MLS GRID #202421010 Report a problem | ||
| 8/8/2024 | Listed for sale | $649,900+13.6% |
Source: SMLS as distributed by MLS GRID #202421010 Report a problem | ||
| 5/10/2023 | Sold | $572,000-0.5% |
Source: SMLS as distributed by MLS GRID #202312289 Report a problem | ||
| 4/20/2023 | Pending sale | $575,000 |
Source: SMLS as distributed by MLS GRID #202312289 Report a problem | ||
| 3/31/2023 | Listed for sale | $575,000 |
Source: SMLS as distributed by MLS GRID #202312291 Report a problem | ||
| 3/30/2023 | Pending sale | $575,000 |
Source: SMLS as distributed by MLS GRID #202312291 Report a problem | ||
| 3/28/2023 | Listed for sale | $575,000 |
Source: SMLS as distributed by MLS GRID #202312289 Report a problem | ||
| 3/15/2023 | Pending sale | $575,000 |
Source: SMLS as distributed by MLS GRID #202312291 Report a problem | ||
| 3/10/2023 | Listed for sale | $575,000 |
Source: SMLS as distributed by MLS GRID #202312289 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $6,586 +11.5% | $532,300 +18% |
| 2023 | $5,907 +3.1% | $451,200 +1.8% |
| 2022 | $5,732 +25.1% | $443,200 +35.5% |
| 2021 | $4,583 +1.6% | $327,200 +23.2% |
| 2020 | $4,511 +16.8% | $265,500 +6.8% |
| 2019 | $3,862 | $248,600 +12% |
| 2018 | $3,862 -6.8% | $221,900 +16.7% |
| 2017 | $4,143 +15% | $190,100 +13.2% |
| 2016 | $3,602 +10.2% | $167,900 +4.2% |
| 2015 | $3,269 | $161,200 -0.4% |
| 2014 | $3,269 | $161,900 |
| 2013 | $3,269 | -- |
Find assessor info on the county website
Neighborhood: 99212
Nearby homes
- $--1 bd1 ba1k sqft8411 E Alki Ave #2, Spokane, WA 99212Off Market
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Nearby schools
GreatSchools rating
- 8/10Ness Elementary SchoolGrades: 1-5Distance: 0.8 mi
- 3/10Centennial Middle SchoolGrades: 6-8Distance: 0.4 mi
- 5/10West Valley High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- Elementary: Ness
- Middle: Centennial
- High: West Valley
- District: West Valley
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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- Washington
- Spokane County
- Spokane Valley
- 99212
- 8411 E Alki Ave
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