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.
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
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.
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.
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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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Roosevelt Elementary School
333 W 14th Ave
Distance between this listing and this school1.10 miles
Public District Grades PK-5
9
/10
Wilson Elementary School
911 W 25th Ave
Distance between this listing and this school1.36 miles
Public District Grades KG-5
2
/10
Holmes Elementary School
2600 W Sharp Ave
Distance between this listing and this school1.52 miles
Public District Grades PK-5
Nearby Schools
6
/10
Spokane Public Montessori
1300 W Knox Ave
Distance between this listing and this school1.82 miles
Public District Grades PK-8
7
/10
Sacajawea Middle School
401 E 33rd Ave
Distance between this listing and this school2.23 miles
Public District Grades 6-8
2
/10
Glover Middle School
2404 W Longfellow Ave
Distance between this listing and this school3.35 miles
Public District Grades 6-8
Nearby Schools
7
/10
Lewis & Clark High School
521 W 4th Ave
Distance between this listing and this school0.69 miles
Public District Grades 9-12
8
/10
Bryant Center
910 N Ash St
Distance between this listing and this school1.06 miles
Public District Grades PK-12
6
/10
The Community School
1025 W Spofford Ave
Distance between this listing and this school1.53 miles
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.
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.