About 1816 W 7th Ave Unit 1818, 1820, 1822, 1824, 1826
ATTENTION INVESTORS: $250K PRICE ADJUSTMENT. Discover an exceptional investment opportunity with this modern 6-unit apartment complex built in 2011. Each spacious unit offers 3 bedrooms, 1.5 bathrooms, and approximately 1,300 sq. ft. of living space. Amenities include wall air conditioning, a single-car garage, and a laundry room with hook-ups. Most units have been recently updated, ensuring a fresh, clean living experience. All 6 units are fully occupied, providing immediate rental income. Conveniently located within walking or biking distance to multiple hospitals and clinics, with quick access to I-90, this property is perfect for professionals and families alike. Don’t miss this turnkey investment! Call today for more information.
1816 W 7th Ave Unit 1818, 1820, 1822, 1824, 1826 vs Spokane
56 DAYS ON ROCKET
+24 Days
$1,500,000
+$1.1M More
KEY TAKEAWAY
This property is $1.1M more than the Median Sold Price in Spokane, WA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: SARMLS
MLS Number: #202424652
Listing Office:
Office Name: Keller Williams Spokane - Main
Office Phone: (509) 458-4000
Listing Agent: Rich King
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: 12/18/2024, 1:56:01 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
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$7,554
Per Month
Principal & Interest
$7,487
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$4,564
Powered By
Advertisement
NMLS#3030
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 school1.27 miles
Public District Grades PK-5
9
/10
Wilson Elementary School
911 W 25th Ave
Distance between this listing and this school1.42 miles
Public District Grades KG-5
2
/10
Holmes Elementary School
2600 W Sharp Ave
Distance between this listing and this school1.46 miles
Public District Grades PK-5
Nearby Schools
6
/10
Spokane Public Montessori
1300 W Knox Ave
Distance between this listing and this school1.87 miles
Public District Grades PK-8
7
/10
Sacajawea Middle School
401 E 33rd Ave
Distance between this listing and this school2.35 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 school0.90 miles
Public District Grades 9-12
8
/10
Bryant Center
910 N Ash St
Distance between this listing and this school1.09 miles
Public District Grades PK-12
6
/10
The Community School
1025 W Spofford Ave
Distance between this listing and this school1.61 miles
The neighbors living near this home have an average income of $16,369. Typical income of Spokane, WA residents is less than $35k annually. Typical family type is single, no kids. Most residents in this area have high school diploma education.
This home is located at 1816 W 7th Ave Unit 1818, 1820, 1822, 1824, 1826 in Spokane, WA and zip code 99204 in the Cliff / Cannon neighborhood. This home, which was built in 2011, sits on a 0.24 acre lot. It has been listed on Rocket Homes since October 22, 2024 and is currently priced at $1,500,000.
In November 2024 more than 51 listings in Spokane, WA were sold above the asking price. During the same period more than 70 listings were sold at asking price, while more than 112 were sold below. Between October 2024 and November 2024, Spokane, WA real estate market has seen decrease in the number of listings by 4.7%. In November 2024 median list price was $399,990 and the average listing age was 32 days.
From Rocket Homes Real Estate and based on county public records data.
1 (855) 200-2001
Listings courtesy of Spokane Association of REALTORS® MLS as distributed by MLS GRID.
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.
NBA/WNBA
NBA/WNBA
Pro Wrestling
Soccer
Express/Express For Men
Burlington
Forever 21
Starbucks
Cicis Pizza
Dominos Pizza
Pontiac
Mazda
Buick
Urban Contemporary
Rhythmic Contemporary Hits
Jazz