Fully Rented 4-Plex with Cap Rate Over 8%! Turnkey investment opportunity—now fully stabilized and producing strong income. This updated 4-plex includes two 2-bed/1-bath units and two 3-bed/1-bath units, each with assigned parking. Recent renovations throughout the building feature new flooring, updated kitchens and bathrooms, and fresh paint. Tenants enjoy the convenience of an on-site laundry room (no in-unit laundry), and the secured building offers added peace of mind. Prime location near the U-District, Gonzaga University, and the School of Medicine ensures consistent rental demand. An additional 4-plex located at 923 E Indiana with the same finishes also available at the same price—ideal for investors looking to expand their portfolio.
Closed
$648,000
917 E Indiana Ave, Spokane, WA 99207
10beds
4baths
3,686sqft
Multi Family
Built in 1966
-- sqft lot
$652,700 Zestimate®
$176/sqft
$1,297 Estimated rent
Home value
$652,700
$600,000 - $705,000
$1,297/mo
Zestimate® history
Owner options
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$1,297/mo
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$1,297/mo
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$3,877/mo
Est. payment
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$3,877/mo
Est. payment
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Assigned parkingOn-site laundry room
Zillow last checked:
Listing updated:
Listed by:
Luke Raynor 509-994-7531,
Realty One Group Eclipse
Source: SMLS as distributed by MLS GRID,MLS#: 202517812
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 4
Primary bedroom
- Description: Dbl Clst,1st Flr,2nd Flr
Dining room
- Description: Informal,Kit Eat Sp
Family room
- Description: 1st Flr,2nd Flr
Heating
- Baseboard, Ductless
Cooling
- Wall Unit(s)
Appliances
- Included: Free-Standing Range, Refrigerator, Microwave, Washer, Dryer
Features
- Hard Surface Counters
- Windows: Windows Vinyl
- Basement: Crawl Space
- Has fireplace: No
Interior area
- Total structure area: 3,686
- Total interior livable area: 3,686 sqft
Property
Parking
- Total spaces: 5
- Parking features: Detached, Carport, Off Site, Alley Access, Assigned
- Garage spaces: 4
- Carport spaces: 1
- Covered spaces: 5
Features
- Levels: Two
- Stories: 2
- Fencing: Fenced,Fenced Yard
- Has view: Yes
- View description: City, Territorial
Lot
- Size: 6,534 sqft
- Features: Level
Details
- Additional structures: Shed(s)
- Parcel number: 35084.2413
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Brick
- Roof: Composition,Flat
Condition
- Year built: 1966
Community & neighborhood
Location
- Region: Spokane
Other
Other facts
- Listing terms: VA Loan,Conventional,Cash
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 8/29/2025 | Sold | $648,000-19%$176/sqft |
Source:  SMLS as distributed by MLS GRID #202517812 Report a problem | ||
| 7/21/2025 | Pending sale | $800,000$217/sqft |
Source: SMLS as distributed by MLS GRID #202517812 Report a problem | ||
| 5/31/2025 | Listed for sale | $800,000+6.7%$217/sqft |
Source: SMLS as distributed by MLS GRID #202517812 Report a problem | ||
| 5/30/2025 | Listing removed | $750,000$203/sqft |
Source: SMLS as distributed by MLS GRID #202514325 Report a problem | ||
| 5/7/2025 | Price change | $750,000-6.3%$203/sqft |
Source: SMLS as distributed by MLS GRID #202514325 Report a problem | ||
| 4/3/2025 | Listed for sale | $800,000$217/sqft |
Source: SMLS as distributed by MLS GRID #202514325 Report a problem | ||
| 4/1/2025 | Listing removed | $800,000$217/sqft |
Source: SMLS as distributed by MLS GRID #202423890 Report a problem | ||
| 2/3/2025 | Price change | $800,000-8.6%$217/sqft |
Source: SMLS as distributed by MLS GRID #202423890 Report a problem | ||
| 12/31/2024 | Price change | $875,000-2.8%$237/sqft |
Source: SMLS as distributed by MLS GRID #202423890 Report a problem | ||
| 10/3/2024 | Listed for sale | $900,000+48.1%$244/sqft |
Source: SMLS as distributed by MLS GRID #202423890 Report a problem | ||
| 2/13/2023 | Sold | $607,500-13.2%$165/sqft |
Source: SMLS as distributed by MLS GRID #202224664 Report a problem | ||
| 12/4/2022 | Pending sale | $699,500$190/sqft |
Source: SMLS as distributed by MLS GRID #202224664 Report a problem | ||
| 11/28/2022 | Listed for sale | $699,500$190/sqft |
Source: SMLS as distributed by MLS GRID #202224664 Report a problem | ||
| 11/20/2022 | Pending sale | $699,500$190/sqft |
Source: SMLS as distributed by MLS GRID #202224664 Report a problem | ||
| 11/7/2022 | Listed for sale | $699,500$190/sqft |
Source: SMLS as distributed by MLS GRID #202224664 Report a problem | ||
| 11/4/2022 | Pending sale | $699,500$190/sqft |
Source: SMLS as distributed by MLS GRID #202224664 Report a problem | ||
| 10/27/2022 | Listed for sale | $699,500+145.4%$190/sqft |
Source: SMLS as distributed by MLS GRID #202224664 Report a problem | ||
| 6/1/2019 | Listing removed | $795 |
Source: Red Rock Property Management Report a problem | ||
| 5/20/2019 | Listed for rent | $795 |
Source: Red Rock Property Management Report a problem | ||
| 8/10/2018 | Listing removed | $795 |
Source: Red Rock Property Management Report a problem | ||
| 8/2/2018 | Price change | $795-11.2% |
Source: Red Rock Property Management Report a problem | ||
| 5/9/2018 | Listed for rent | $895+28.8% |
Source: Red Rock Property Management - Property # 538882 Report a problem | ||
| 3/30/2018 | Listing removed | $695 |
Source: Red Rock Property Management - Property # 458335 Report a problem | ||
| 3/14/2018 | Price change | $695-12.6% |
Source: Red Rock Property Management - Property # 458335 Report a problem | ||
| 1/17/2018 | Price change | $795+6.7% |
Source: Red Rock Property Management - Property # 458335 Report a problem | ||
| 11/20/2017 | Price change | $745+7.2% |
Source: Red Rock Property Management - Property # 429541 Report a problem | ||
| 11/1/2017 | Listed for rent | $695 |
Source: Red Rock Property Management - Property # 419377 Report a problem | ||
| 11/23/2016 | Sold | $285,000+72.7%$77/sqft |
Source: Public Record Report a problem | ||
| 6/27/2003 | Sold | $165,000$45/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,722 +3.3% | $577,150 +0.9% |
| 2023 | $5,537 +10.5% | $571,950 +11.6% |
| 2022 | $5,010 +60.7% | $512,600 +85% |
| 2021 | $3,118 -10.4% | $277,100 -1.7% |
| 2020 | $3,478 +6.8% | $281,750 +3.4% |
| 2019 | $3,257 | $272,550 +4.5% |
| 2018 | $3,257 -10.2% | $260,770 +21.2% |
| 2017 | $3,626 +23.4% | $215,090 +1.2% |
| 2016 | $2,938 +0.5% | $212,590 +3.8% |
| 2015 | $2,924 | $204,890 |
| 2014 | $2,924 | $204,890 |
| 2013 | $2,924 -4.7% | -- |
| 2011 | $3,069 +16.9% | -- |
| 2010 | $2,626 | -- |
| 2009 | $2,626 +20.7% | -- |
| 2008 | $2,175 | -- |
| 2007 | $2,175 -82.6% | $195,560 |
| 2005 | $12,476 +416.8% | -- |
| 2004 | $2,414 +3.5% | -- |
| 2003 | $2,333 | -- |
| 2002 | $2,333 -0.2% | -- |
| 2001 | $2,337 -4.9% | $158,400 |
| 1999 | $2,456 | $158,400 |
Find assessor info on the county website
Neighborhood: Logan
Nearby schools
GreatSchools rating
- 1/10Logan Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 3/10Denny Yasuhara Middle SchoolGrades: 6-8Distance: 0.6 mi
- 6/10North Central High SchoolGrades: 6-12Distance: 1.1 mi
Schools provided by the listing agent
- Elementary: Logan
- Middle: Yasuhara
- High: North Central
- 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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$652,700
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- Washington
- Spokane County
- Spokane
- 99207
- Logan
- 917 E Indiana Ave
Nearby cities
Nearby neighborhoods
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