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Map
Listed by: Olivia Statham, Hansen Group Real Estate Inc, 360-223-2083, Listing Courtesy of NWMLS
$682,000
●
Multifamily -
In Contract
1520 W 10th Avenue
Spokane, WA 99204
Studio
0 Bath
$3,832
Estimated Monthly
0.90%
Cap Rate
About This Property
Rare South Hill triplex investment gem with great income potential.
Originally a 1909 home with two added units on the back in 1995.
Majority of photos are of unit 1524. Excellent opportunity for an
owner occupied investment or split unit 1520 to increase by an
additional unit. Each unit has been recently renovated and is 3
beds, 2 bath and 1 car garage with in-unit laundry. Rents are
currently below market value and on month to month leases. $3400/mo
owner occupied cash flow or $5100/mo fully rented. Great location
right on the transit line with easy access to I90, hospitals and
downtown business district.
Unit Size
-
Days on Market
-
Land Size
0.16 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
$483
HOA Dues
-
Year Built
1909
Listed By
Last updated: 16 days ago (NWMLS #NWM2234573)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 23, 2024 | In contract | - | |
| In contract | |||
| May 9, 2024 | Listed by Hansen Group Real Estate Inc | $682,000 | |
| Listed by Hansen Group Real Estate Inc | |||
| Sep 30, 2020 | Sold to Jennifer J Hernon, Robert C... | $529,000 | |
| Sold to Jennifer J Hernon, Robert C... | |||
| Apr 11, 2012 | Sold to Side Investments L L C South | $167,270 | |
| Sold to Side Investments L L C South | |||
Property Highlights
Air Conditioning
Parking Details
Covered Spaces: 3
Total Number of Parking: 5
Interior Details
Interior Information
Interior Features: Wall to Wall Carpet
Flooring Type: Vinyl, Vinyl Plank, Carpet
Exterior Details
Property Information
Square Footage Source: Realist
Style Code: 53 - Tri-plex
Property Type: Residential Income
Property Sub Type: Multi-Family
Year Built: 1909
Year Built Effective: 1909
Energy Source: Electric, Natural Gas
Building Information
Structure Type: Triplex
Building Area Total: 3844
Building Area Units: Square Feet
Site Features: Cable TV, Deck, Fenced-Fully, Gas Available, High Speed Internet, Patio
Roof: Composition
Exterior Information
Exterior Features: Wood
Lot Information
Lot Size Source: Realist
Zoning Jurisdiction: City
Lot Features: Alley, Corner Lot, Curbs, Paved, Sidewalk
Lot Size Acres: 0.163
Lot Size Square Feet: 7100
Elevation Units: Feet
Land Information
Water Source: Public
Financial Details
Tax Year: 2024
Tax Annual Amount: $5,794
Utilities Details
Water Source: Public
Water Company: City of Spokane
Power Company: Avista
Sewer Company: City of Spokane
Cooling: Yes
Heating: Yes
Sewer : Sewer Connected
Location Details
Directions: S-bound Maple or N-bound Cedar toward 10th Ave. Park on 10th, Maple or Walnut and walk the alley between 9th and 10th to empty unit 1524.
Other Details
Selling Agency Compensation: 2.5
On Market Date: 2024-05-09
1520 W 10th Avenue
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Multifamily
Stu
-
-
$566,000
Jan 8, 2024
$566,000
Apr 11, 2024
$257/mo
In Contract
House
5
Beds
2
Baths
3,866 ft²
$160/ft²
$619,900
May 2, 2024
-
$516/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
08/13/2020
|
Loft
|
-
|
3844 ft²
|
$519,000
Loft
-
3844 ft²
|
-
-
|
-
|
-
|
Building Info
1520 West 10th Avenue
1520 West 10th Avenue, Spokane, WA 99204
- 1 Unit for Sale
About Cliff Cannon
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Listed by: Olivia Statham
Listed Office: Hansen Group Real Estate Inc - Listing courtesy of NWMLS
Phone: 360-223-2083
Last Updated: 2024-05-23 19:58:40
Data Source: NWMLS, MLS# NWM2234573
Details provided by NWMLS as Distributed by MLS Grid and may not match the public record.
Listed Office: Hansen Group Real Estate Inc - Listing courtesy of NWMLS
Phone: 360-223-2083
Last Updated: 2024-05-23 19:58:40
Data Source: NWMLS, MLS# NWM2234573
Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2024. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. © 2024 NWMLS. All rights are reserved. Disclaimer: The information contained in this listing has not been verified by RH Advisors, Inc. and should be verified by the buyer. Some IDX listings have been excluded from this website.
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc.
