3 months on rocket

1509 W 6th Ave Unit 1511, 1515, 1517, 1519, Spokane, WA, 99204

$699,900

Home List Price

$8,311*

Closing Credit

0 Baths
20,200 SqFt
$35/SqFt
Multi

Location

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1509 W 6th Ave Unit 1511, 1515, 1517, 1519, Spokane$699,900

Buyer Closing Credits

$8,311*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingDetached, Alley Access
Garage10 spaces
Year Built1940
HeatingElectric, Forced Air, Other
CoolingOther
ViewCity, Territorial
MLS #202421145
Lot Size0.46 Acres
StatusActive

About 1509 W 6th Ave Unit 1511, 1515, 1517, 1519

Property back due to failed buyer financing. No fault of seller. Appraisal 30 days ago at 720k. Truly once in a lifetime investor opportunity first time on the market! This small cottage community has been owned and well cared for by one family for the last 2 generations. 5 unique dwellings and 10 garages with alley access create countless investment possibilities. Many tenants have been here for 10 years or more making rents far below market value while the buildings themselves are remarkably well taken care of inside and out. 4 homes are large 1bd units with the 5th unit being a spacious 2/1 with potential for expansion in the unfinished basement. Keep the property as is or create your downtown development dream sky's the limit with this very flexibly zoned location.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1940
  • Stories: 1
  • Living Area: 20,200 SqFt

Listing Office:

  • Office Name: eXp Realty, LLC
  • Office Phone: (888) 317-5197
  • Listing Agent: Hunter Mackay

Interior Features

Interior Information:

  • Appliances: Range, Refrigerator, Washer, Dryer
  • Basement: No
  • Interior: Utility Room

Exterior Features

Exterior Information:

  • View: City, Territorial
  • Exterior: See Remarks

Parking Information:

  • Garage Space: 10 spaces
  • Attached Garage: No
  • Parking: Detached, Alley Access

Lot Features

Lot Information:

  • Lot: Sprinklers, Open Lot, Oversized Lot, Irregular Lot, Zero Lot Line
  • Lot Size: 0.46 Acres

Utilities

Utilities Information:

  • Heating: Electric, Forced Air, Other
  • Cooling: Other

Other

Directions Information:

  • Directions: Going south on Maple through downtown turn left on 6th. Property is on the right hand side. Apple / Google Maps directions are accurate.

Price Information

Listing Price Info

Price Summary:

  • List Price: $699,900
  • Price Per SqFt: $35/SqFt
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Housing Market Comparison

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

Med. Sold Price

$399.9K

Med. Price/SqFt

$204

Avg. Days On Market

31

# of Sold Homes

303

1509 W 6th Ave Unit 1511, 1515, 1517, 1519 vs Spokane

103 DAYS ON ROCKET

+72 Days

$699,900

+$299.9K More

$35/SqFt

-$170 Less

KEY TAKEAWAY

This property is $299.9K more than the Median Sold Price and $170/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: #202421145

Listing Office:

  • Office Name: eXp Realty, LLC
  • Office Phone: (888) 317-5197
  • Listing Agent: Hunter Mackay

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: 11/21/2024, 1:56:02 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$3,561

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,165

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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-237156
5
/10
  • Roosevelt Elementary School

  • 333 W 14th Ave

  • 1.10 miles

  • Public District Grades PK-5

school-card-donut-237157
9
/10
  • Wilson Elementary School

  • 911 W 25th Ave

  • 1.36 miles

  • Public District Grades KG-5

school-card-donut-237158
2
/10
  • Holmes Elementary School

  • 2600 W Sharp Ave

  • 1.52 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $16,369. The most common annual income of people living in Spokane, WA is less than $35k. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas


Rocket Homes›Washington›Spokane County›Spokane›99204›1509 W 6th Ave Unit 1511, 1515, 1517, 1519

This home is located at 1509 W 6th Ave Unit 1511, 1515, 1517, 1519 in Spokane, WA and zip code 99204 in the Cliff / Cannon neighborhood. This 20,200 square foot home, which was built in 1940, sits on a 0.46 acre lot. It has been listed on Rocket Homes since August 10, 2024 and is currently priced at $699,900.

While more than 94 listings in Spokane, WA in October 2024 were sold above asking price, there were more than 91 listings sold at asking price, and more than 118 were sold below. The number of homes for sale in Spokane, WA increased by 10.4% between September 2024 and October 2024. In October 2024, listings were on the market for 31 days. During the same period, the median list price in this real estate market was $399,972.

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

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