Incredible Investor Opportunity! Over .6 acres zoned R-4 in the Spokane Valley with an existing single family rental home that is currently occupied and paying rent. R-4 zoning allows for 10 units per acre giving an investor the possibility of building townhomes or even cottage housing, The rental home in the front offers an incredible amount of opportunity for developers. Keep the home in front generating income while building in the back or remove the home and develop the entire lot. You can even develop in phases keeping income from the rental home with plans to develop the front of the lot in the future. Located a block away from the elementary school, minutes from both Millwood and I-90, this is an investors dream. Do not disturb tenants. Showings with mutually accepted offer only.
Closed
$312,000
9810 E Broadway Ave, Spokane, WA 99206
4beds
2baths
1,656sqft
Multi Family
Built in 1946
-- sqft lot
$341,600 Zestimate®
$188/sqft
$1,671 Estimated rent
Home value
$341,600
$311,000 - $369,000
$1,671/mo
Zestimate® history
Owner options
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$1,537/mo
Est. payment
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Cottage housing
Zillow last checked:
Listing updated:
Listed by:
Jessica Side 509-703-4004,
Realty One Group Eclipse,
Matt Side 509-220-3961,
Realty One Group Eclipse
Source: SMLS as distributed by MLS GRID,MLS#: 202413267
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Dining room
- Description: Kit Eat Sp
Heating
- Natural Gas, Forced Air
Features
- Flooring: Wood
- Basement: Full,Partially Finished
- Has fireplace: No
Interior area
- Total structure area: 1,656
- Total interior livable area: 1,656 sqft
Property
Parking
- Total spaces: 485
- Parking features: Detached, RV Access/Parking, Off Site
- Garage spaces: 1
Features
- Levels: One and One Half
- Stories: 1
- Fencing: Fenced Yard,Fenced
Lot
- Size: 0.61 Acres
- Features: Level, Oversized Lot
Details
- Parcel number: 45173.0106
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Bungalow
- Property subtype: Multi Family
Materials
- Vinyl Siding, Wood Siding
- Roof: Composition
Condition
- Year built: 1946
Community & HOA
HOA
- Amenities included: See Remarks
Location
- Region: Spokane
Financial & listing details
- Price per square foot: $188/sqft
- Tax assessed value: $232,600
- Annual tax amount: $2,450
- Date on market: 8/17/2024
- Listing terms: Conventional,Cash,Owner Financing
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 5/16/2024 | Sold | $312,000-10.9%$188/sqft |
Source:  SMLS as distributed by MLS GRID #202413267 Report a problem | ||
| 4/11/2024 | Pending sale | $350,000$211/sqft |
Source: SMLS as distributed by MLS GRID #202413268 Report a problem | ||
| 4/5/2024 | Listed for sale | $350,000$211/sqft |
Source: SMLS as distributed by MLS GRID #202413267 Report a problem | ||
| 3/28/2024 | Pending sale | $350,000$211/sqft |
Source: SMLS as distributed by MLS GRID #202413267 Report a problem | ||
| 3/22/2024 | Listed for sale | $350,000+253.5%$211/sqft |
Source: SMLS as distributed by MLS GRID #202413267 Report a problem | ||
| 5/24/2012 | Listing removed | $99,000$60/sqft |
Source: Coldwell Banker Tomlinson #201116302 Report a problem | ||
| 4/15/2012 | Listed for sale | $99,000$60/sqft |
Source: Coldwell Banker Tomlinson #201116302 Report a problem | ||
| 3/10/2012 | Listing removed | $99,000$60/sqft |
Source: Coldwell Banker Tomlinson South #201116302 Report a problem | ||
| 12/10/2011 | Listed for sale | $99,000+68.4%$60/sqft |
Source: Coldwell Banker Tomlinson South #201116302 Report a problem | ||
| 10/19/2011 | Sold | $58,780-45.5%$35/sqft |
Source: Public Record Report a problem | ||
| 9/20/2011 | Listed for sale | -- |
Source: Williams & Williams Worldwide Real Estate Auction Report a problem | ||
| 8/4/2011 | Sold | $107,920+15.9%$65/sqft |
Source: Public Record Report a problem | ||
| 3/15/2005 | Sold | $93,100+2.6%$56/sqft |
Source: Public Record Report a problem | ||
| 12/1/2004 | Sold | $90,777+23.5%$55/sqft |
Source: Public Record Report a problem | ||
| 6/1/1999 | Sold | $73,500$44/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,450 -4% | $232,600 -5.3% |
| 2023 | $2,552 +2.3% | $245,600 |
| 2022 | $2,495 +15.6% | $245,600 +31.8% |
| 2021 | $2,159 -1.1% | $186,400 +23.7% |
| 2020 | $2,183 +24.9% | $150,700 +13.1% |
| 2019 | $1,748 | $133,290 +7.8% |
| 2018 | $1,748 -10.9% | $123,610 +3.9% |
| 2017 | $1,961 +4.8% | $119,010 +12.2% |
| 2016 | $1,871 +10.8% | $106,110 +3.5% |
| 2015 | $1,688 | $102,510 +2% |
| 2014 | $1,688 | $100,520 |
| 2013 | $1,688 -0.7% | -- |
| 2011 | $1,700 -2.6% | -- |
| 2010 | $1,746 | -- |
| 2009 | $1,746 +8.9% | -- |
| 2008 | $1,603 | -- |
| 2007 | $1,603 +14.9% | $113,540 |
| 2005 | $1,396 +3.5% | -- |
| 2004 | $1,348 +7.1% | -- |
| 2003 | $1,259 | -- |
| 2002 | $1,259 -0.2% | -- |
| 2001 | $1,261 +1.5% | $75,700 +8.3% |
| 1999 | $1,242 | $69,900 |
Find assessor info on the county website
Neighborhood: 99206
Nearby homes
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Nearby schools
GreatSchools rating
- 8/10Ness Elementary SchoolGrades: 1-5Distance: 0.2 mi
- 3/10Centennial Middle SchoolGrades: 6-8Distance: 1.3 mi
- 5/10West Valley High SchoolGrades: 9-12Distance: 1.6 mi
Schools provided by the listing agent
- Elementary: Arthur B 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
- 99206
- 9810 E Broadway Ave
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