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$699,900   Price Analysis
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7314 E 7th Ave
Spokane Valley, WA 99212
10 bed 4 bath 2,984 SqFt ($234/SqFt)
0.35 acre lot. Built 1942
Listed 2024-02-01, Taxes $5,016
Ⓧ USDA Ineligible
due to location

near Spokane Valley

Investors check this out!

4-units in tw separate side-by-side duplex buildings on 1 lot right next to Edgecliff Park in Spokane Valley. Fully rented with room to increase rents. All units are 2 bed / 1 bath with their own washer/dryer and a comfortable layout. Two residences have a bonus 3rd room which could be used as office space, additional family room or possibly extra bedroom.

Plenty of off street pa rking and individual storage units. There's a courtyard between the buildings, located on a dead-end street directly adjacent to a quiet park and some newer constructed duplexes and single family homes. Don't miss out on this opportunity.


Presented by Lee Arnold at
Keller Williams Spokane - Main.


Property MLS #202411236 from SpokaneREALTORS

Bedrooms: 10
Bedroom 2 Description: 3

Total Bathrooms: 1 / 1 / 1 / 1
Full Bathrooms: 4

Kitchen & Appliances: Fr Stnd Rng

# Refrig: 4
Dining Room Description: Kit Eat Sp

Gas
Forced Air

Basement Description: Basement:

Pub Sewer
Swr Conn
Pub Wtr
Road Frontage Type: Ave

Lot Description: Level
Lot Size Acres: 0.35
Lot Size Square Feet: 15240

Garage Description: Off St Prkg

Elementary School: Lincoln Heights
High School: Ferris
Middle School: Chase
School District: Spokane Dist 81

Chase Middle School is a public middle school located approximately 2.5 miles away.
directions icon Map directions

Lincoln Heights Elementary School is a public elementary school located approximately 2.9 miles away.
directions icon Map directions

Ferris High School is a public high school located approximately 3.5 miles away.
directions icon Map directions

Woodland Montessori is a private elementary school located approximately 0.3 miles away.
directions icon Map directions

Number of Units: 4
Unit-1 Square Feet: 725
Unit-2 Square Feet: 850
Unit-3 Square Feet: 625
Unit-4 Square Feet: 640

Storage

Special Features: Wood Wn Fr
Features: Breakers, 200 AMP
Source Listing Status: Active
County: Spokane
Source Property Type: Rental Income
Inclusions: 3400
Area: A210/074
Source Neighborhood: A210/074
Property Subtype: Rental Income
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2023$260,400 + $58,000
$318,400
$5,016
2022$260,400 + $37,130
$297,530
$4,048
2021$249,000 + $33,750
$282,750
$3,842
2020$169,400 + $33,750
$203,150
$3,792
2019$148,800 + $33,750
$182,550
$2,642
2018$159,000 + $33,750
$192,750
$2,771
2017$143,200 + $33,750
$176,950
$2,874
2016$143,200 + $33,750
$176,950
$2,708
2015$139,400 + $33,750
$173,150
$2,753
2014$139,400 + $40,000
$179,400
$2,706
2013$146,000 + $40,000
$186,000
$2,803
2012$149,400 + $50,000
$199,400
$2,856
2011$167,000 + $50,000
$217,000
$2,960
2010$151,400 + $40,000
$191,400
$2,949
2009$151,400 + $40,000
$191,400
$2,444
2007$151,400 + $40,000
$191,400
$2,221

Listed 2024-02-01
$699,900
SpokaneREALTORS
Listing removed 2023-04-27
$118,000
SpokaneREALTORS
Listing removed 2022-10-31
$699,900
SpokaneREALTORS
Listed for rent 2022-09-23
$699,900
SpokaneREALTORS
Listing removed 2022-08-14
$770,000
SpokaneREALTORS
Sold 2021-04-23
$495,000
SpokaneREALTORS
Listed 2021-04-01
$499,900
SpokaneREALTORS
Sold 2006-09-11
$210,000
Public Record
Sold 1992-04-01
$112,000
Public Record

Access: Pub Rd, Paved

Total Square Feet Living: 2984
Year Built: 1942
Building Exterior Type: Hardboard
Construction Materials: 1 Story
Property Age: 82
Roof: Comp
Levels or Stories: 1
Structure Type: 1 Story

Electric: City

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.