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Pending
    • Price cut: $34K (6/9)
    $565,000

    8737 N Colton St, Spokane, WA 99218

    8beds
    8baths
    3,888sqft
    : 
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    MultiFamily
    Built in 1981
    -- sqft lot
    $554,800 Zestimate®
    $145/sqft
    $-- HOA

    What's special

    Walk-out yardsPrivate one-car garagesUpdated flooringIn-unit laundryFunctional layoutsPrivate decks
    Great investment opportunity featuring a fully occupied 4-plex in North Spokane within the sought-after Mead School District. Offering strong rental history, immediate income, and future upside potential, this property presents an attractive value-add opportunity in a highly rentable location. Each spacious 2 bed, 2 bath unit includes in-unit laundry, individual A/C, private one-car garages, and functional layouts that appeal to long-term tenants. Lower units feature walk-out yards, while upper units enjoy private decks. Recent improvements include a partial roof in 2022, plus updated flooring, paint, and appliances in select units. Conveniently located near retail, restaurants, schools, and public transit. Gross Monthly Income: $4,325. NOI: $23,966. Potential to package with 1111 & 1117 W Providence for expanded investment opportunity.
    48 days
    |
    324
    |
    17
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Luke Mischke 509-499-0218,

    Coldwell Banker Tomlinson,

    Emily Denison 509-954-6551,

    Coldwell Banker Tomlinson

    Source: SMLS as distributed by MLS GRID,MLS#: 202617413MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 8
      Primary bedroom
      • Description: Full Bath
      Dining room
      • Description: Informal
      Heating
      • Baseboard
      Cooling
      • Wall Unit(s)
      Appliances
      • Included: Dishwasher, Refrigerator, Washer, Dryer
      Features
      • Basement: Slab
      • Has fireplace: No
      Interior area
      • Total structure area: 3,888
      • Total interior livable area: 3,888 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: Off Site
      • Garage spaces: 4
      Features
      • Levels: Two
      • Stories: 2
      • Has view: Yes
      • View description: Territorial
      Lot
      • Size: 9,148 Square Feet
      • Features: Sprinkler - Automatic
      Details
      • Parcel number: 36202.0708

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Other
      Materials
      • Siding
      • Roof: Composition
      Condition
      • Year built: 1981

      Community & HOA

      HOA
      • Amenities included: None
      Location
      • Region: Spokane

      Financial & listing details

      • Price per square foot: $145/sqft
      • Tax assessed value: $615,940
      • Annual tax amount: $5,700
      • Date on market: 5/14/2026
      • Listing terms: Conventional,Cash
      • Road surface type: Paved

        Estimated market value

        $554,800

        $527,000 - $583,000

        $1,508/mo

        Price history

        DateEventPrice
        6/15/2026Pending sale$565,000$145/sqft
        Source: SMLS as distributed by MLS GRID #202617413 Report a problem
        6/9/2026Price change$565,000-5.7%$145/sqft
        Source: SMLS as distributed by MLS GRID #202617413 Report a problem
        5/14/2026Listed for sale$599,000+218.6%$154/sqft
        Source: SMLS as distributed by MLS GRID #202617413 Report a problem
        8/7/2015Listing removed$650
        Source: Johnson Property Management, LLC Report a problem
        7/17/2015Listed for rent$650
        Source: Johnson Property Management, LLC Report a problem
        1/19/2015Listing removed$650
        Source: Johnson Property Management, LLC Report a problem
        11/6/2014Listed for rent$650
        Source: Johnson Property Management Report a problem
        6/17/2014Listing removed$650
        Source: Johnson Property Management Report a problem
        5/19/2014Listed for rent$650
        Source: Johnson Property Management Report a problem
        3/19/2013Listing removed$650
        Source: Johnson Property Management Report a problem
        2/14/2013Listed for rent$650
        Source: Johnson Property Management Report a problem
        11/1/2002Sold$188,000$48/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$6,012 +9.6%$615,940 -0.5%
        2023$5,487 +3.9%$619,340 +5.1%
        2022$5,281 +60.6%$589,340 +63.6%
        2021$3,289 -5.6%$360,300 +18.6%
        2020$3,484 +10.2%$303,800 +7.7%
        2019$3,161 $282,100 +5.9%
        2018$3,161 -9.5%$266,390 +6.8%
        2017$3,494 +7.7%$249,340 +9.2%
        2016$3,246 +8.2%$228,340 -0.1%
        2015$3,000 $228,540 +5.7%
        2014$3,000 $216,270
        2013$3,000 -1%--
        2011$3,031 -4.3%--
        2010$3,168 --
        2009$3,168 +1.7%--
        2008$3,117 --
        2007$3,117 +10.9%$261,390
        2005$2,809 +5.7%--
        2004$2,658 +0.4%--
        2003$2,649 --
        2002$2,649 -1.5%--
        2001$2,689 -5.4%$168,000
        1999$2,844 $168,000

        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.
        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.
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        Climate risks

        Neighborhood: Nevada-Lidgerwood

        Getting around

        75 / 100
        Very Walkable
        42 / 100
        Some Transit
        61 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Shiloh Hills
        • Middle: Mountainside
        • High: Mt Spokane
        • District: Mead

        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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