2 months on rocket

1317 N Madison St, Spokane, WA, 99201

$349,900

Home List Price

$4,155*

Closing Credit

4 Bedrooms
4 Baths
2,624 SqFt
$133/SqFt
House

Location

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1317 N Madison St, Spokane$349,900

Buyer Closing Credits

$4,155*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingNone
Year Built1894
HeatingGas, Forced Air
MLS #202422167
Lot Size0.08 Acres
StatusActive

About 1317 N Madison St

Investors, take note! This vintage gem in the heart of Spokane offers a fantastic rental opportunity. Converted into four units, the property features three 1-bedroom, 1-bath units—one with an office and nursery—and a cozy studio. Major updates include new windows (2002), siding (2010), and a roof (2011), ensuring low maintenance for years to come. All heaters and hot water heaters have also been recently updated. Currently, two of the four units are occupied by long-term tenants, providing immediate income. With its prime location and steady rental history, this property is a must-see for anyone looking to expand their investment portfolio!

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 1894
  • Living Area: 2,624 SqFt

Listing Office:

  • Office Name: Keller Williams Spokane - Main
  • Office Phone: (509) 458-4000
  • Listing Agent: Brandon Marchand

Interior Features

Interior Information:

  • Appliances: Range, Dishwasher, Refrigerator
  • Basement: No

Bedroom and Bathroom Information:

  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: None

Lot Features

Lot Information:

  • Lot Size: 0.08 Acres

Utilities

Utilities Information:

  • Heating: Gas, Forced Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $349,900
  • Price Per SqFt: $133/SqFt

Tax Information:

  • Annual Amount: $2,041
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Spokane, WA.

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Spokane, WA

City

Med. Sold Price

$399.9K

Med. Price/SqFt

$204

Avg. Days On Market

31

# of Sold Homes

303

1317 N Madison St vs Spokane

79 DAYS ON ROCKET

+48 Days

$349,900

-$50K Less

$133/SqFt

-$72 Less

KEY TAKEAWAY

This property is $50K less than the Median Sold Price and $72/SqFt less than other homes in Spokane, WA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SARMLS
  • MLS Number: #202422167

Listing Office:

  • Office Name: Keller Williams Spokane - Main
  • Office Phone: (509) 458-4000
  • Listing Agent: Brandon Marchand

IDX Listings courtesy of Spokane Association of REALTORS® MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Broker Reciprocity The data relating to real estate for sale on this web site comes in part from the Spokane Association of REALTORS®. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the SARMLS. Real estate listings held by other brokerage firms are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Copyright 2024 Spokane Association of REALTORS® MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/18/2024, 1:55:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$2,041$171,150
2020$1,942$156,950
2018$1,782$135,000
2017$1,881$126,100

History based on county public records data.

Payment Calculator

$1,814

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,116

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-662399
5
/10

  • Roosevelt Elementary School

  • 333 W 14th Ave

  • 0.63 miles

  • Public District Grades PK-5

school-card-donut-662400
9
/10

  • Wilson Elementary School

  • 911 W 25th Ave

  • 0.80 miles

  • Public District Grades KG-5

school-card-donut-662401
7
/10

  • Hutton Elementary School

  • 908 E 24th Ave

  • 1.64 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $40,377. The most common annual income of people living in Spokane, WA is less than $35k. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1317 N Madison St

What is the listing price of this property?

The listing price of 1317 N Madison St property is $349,900.

What type of property is this?

The property 1317 N Madison St is a house located in Spokane, Washington, 99201.

Is this property for sale now?

Active Listing: 1317 N Madison St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,041 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1317 N Madison St has 4 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 1317 N Madison St is 2,624 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1317 N Madison St is 1894.

Rocket Homes›Washington›Spokane County›Spokane›99201›1317 N Madison St

This home is located at 1317 N Madison St in Spokane, WA and zip code 99201 in the Cliff / Cannon neighborhood. This 2,624 square foot home, which was built in 1894, sits on a 0.08 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since August 30, 2024 and is currently priced at $349,900.

In October 2024, from all listings sold in Spokane, WA there were more than 94 sold above asking price, over 118 sold below and more than 91 were sold right at the asked price. The number of listings in Spokane, WA increased by 10.4% between September 2024 and October 2024. Listings spent 31 days on the market in October 2024, and had a median list price of $399,972 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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