1524 W Dean Ave Active

Spokane,WA 99201

$ 519000

- Bed

- Bath

3140 SqFt


Key Details

Property Type Multi-Family

Sub Type Rental

Listing Status Active

Purchase Type For Sale

Square Footage 3,140 sqft

Price per Sqft $165

MLS Listing ID 202513868

Style Craftsman

Year Built 1904

Lot Size 6,098 Sqft

Property Sub-Type Rental

Property Description

Please do not disturb tenants. Updated and fully rented 4-plex near Kendall Yards – a prime investment opportunity. Total rents: $3,900/month. Total expenses: ~$1100/month. Don't miss out on this turnkey 4-plex just minutes from Spokane's vibrant Kendall Yards neighborhood. The property offers an ideal unit mix: two 2-bed/1-bath units, one 1-bed/1-bath unit, and a studio—each fully rented with leases in place. All units have been thoughtfully updated with new flooring, interior paint, fixtures, and electric heaters. A new roof was installed in 2022, and water heaters were replaced in 2021. With strong rental income, low vacancy, and an unbeatable location near downtown, parks, and amenities, this property is an excellent addition to any investment portfolio, whether for buy-and-hold or house hacking. Owner is a WA real estate agent. Sale is part of a 1031 exchange.

Location

State WA

County Spokane

Interior

Heating Electric,Baseboard

Cooling Window Unit(s)

Exterior

Parking Features Off Site,Alley Access

Amenities Available Gas,High Speed Internet,Storage

View Y/N true

View City

Roof Type Composition Shingle

Building

Lot Description Level

Structure Type Wood

Schools

School District Spokane Dist 81

Others

Acceptable Financing FHA,VA Loan,Conventional,Owner Financing

Listing Terms FHA,VA Loan,Conventional,Owner Financing

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