Bought with Mollie Sweat
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3806 E 57th Ave #3808/3812/3814 Spokane, WA 99223
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Key Details
Sold Price $1,220,000
Property Type Multi-Family
Sub Type Rental
Listing Status Sold
Purchase Type For Sale
Square Footage 5,304 sqft
Price per Sqft $230
MLS Listing ID 202423718
Sold Date 10/31/24
Style Rancher
Year Built 2003
Lot Size 1.010 Acres
Lot Dimensions 1.01
Property Sub-Type Rental
Property Description
The Palouse & 57th Duplexes offer a prime investment opportunity in Spokane's South Hill at 3806-3814 E 57th Ave. This property includes two single-story duplexes with four 3-bedroom, 2-bathroom units, each featuring a 2-car garage and fenced backyard patio. A versatile 30x60 shop with a powered roll-up door adds extra rental income potential. Built in 2003, these well-maintained units have under-market rents, allowing for increased revenue in a low-vacancy area. A newly renovated unit is rent-ready, with month-to-month leases offering flexibility. Located near transit, schools, shopping, and parks, this property appeals to tenants and investors alike. With further development potential, the Palouse & 57th Duplexes are a significant opportunity in Spokane's desirable South Hill.
Location
State WA
County Spokane
Rooms
Basement None
Interior
Interior Features Skylight(s), Windows Vinyl
Heating Gas Hot Air Furnace, Electric, Forced Air
Cooling Central Air
Fireplaces Type Gas
Appliance Free-Standing Range, Gas Cooktop, Dishwasher, Refrigerator, Disposal, Pantry
Exterior
Parking Features Workshop in Garage, Shared Driveway
Garage Spaces 2.0
Amenities Available Cable TV, Patio, None
View Y/N true
Roof Type Composition Shingle
Building
Lot Description Sprinkler - Automatic, Level, Corner Lot, Oversized Lot
Architectural Style Rancher
Structure Type Hardboard Siding
Schools
Elementary Schools Mullan Road Elementary
High Schools Lewis & Clark
School District Spokane Dist 81
Others
Acceptable Financing FHA, VA Loan, Conventional, Cash
Listing Terms FHA, VA Loan, Conventional, Cash
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