2 months on rocket

2506 E Rowan Ave, Spokane, WA, 99217

$425,000

Home List Price

$5,047*

Closing Credit

0 Baths
2,260 SqFt
$188/SqFt
Multi

Location

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2506 E Rowan Ave, Spokane$425,000

Buyer Closing Credits

$5,047*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingOff Site
Year Built1977
HeatingElectric, Forced Air
CoolingWindow Unit(s)
MLS #202424005
Lot Size0.14 Acres
StatusActive

About 2506 E Rowan Ave

Exceptional Triplex with room for revenue growth! One unit is completely remodeled fresh paint, new flooring, hard surface countertops and more! Steady income with long term tenants. When it's time to invest in your future, these are the types of units you're looking for! Easy to manage, low maintenance and potential for long term income with steady tenants! If a quick remodel is done between tenants on two units rents could increase $300+ for each unit. Off street parking for tenants, new roof in 2024! Each unit has GAS forced air heat (Not Electric Baseboard) and each unit has washer/dryer in unit - full size! Tenants love the affordability of Gas Heat, and Happy Tenants make long term tenants! Do Not Disturb Tenants.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 1977
  • Stories: 1
  • Living Area: 2,260 SqFt

Listing Office:

  • Office Name: Kelly Right Real Estate of Spokane
  • Office Phone: (509) 489-7000
  • Listing Agent: Leif Tangvald

Interior Features

Interior Information:

  • Appliances: Range, Refrigerator
  • Basement: No
  • Interior: Utility Room, Multi Pn Wn

Exterior Features

Exterior Information:

  • Exterior: Satellite Dish, See Remarks

Parking Information:

  • Parking: Off Site

Lot Features

Lot Information:

  • Lot: Fencing, Level, Open Lot
  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Electric, Forced Air
  • Cooling: Window Unit(s)

Other

Directions Information:

  • Directions: East on Rowan, between Crestline and Market.

Price Information

Listing Price Info

Price Summary:

  • List Price: $425,000
  • Price Per SqFt: $188/SqFt

Tax Information:

  • Annual Amount: $2,702
  • 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

$205

Avg. Days On Market

32

# of Sold Homes

234

2506 E Rowan Ave vs Spokane

74 DAYS ON ROCKET

+42 Days

$425,000

+$25K More

$188/SqFt

-$18 Less

KEY TAKEAWAY

This property is $25K more than the Median Sold Price and $18/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: #202424005

Listing Office:

  • Office Name: Kelly Right Real Estate of Spokane
  • Office Phone: (509) 489-7000
  • Listing Agent: Leif Tangvald

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: 12/18/2024, 3:11:03 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 30, 2015Home Sold
$147,900
Apr 14, 2006Home Sold
$165,500
Nov 07, 2003Home Sold
$95,000
Aug 26, 1998Home Sold
$91,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,702$226,950
2020$2,078$167,950
2018$1,866$141,360
2017$1,969$141,360

History based on county public records data.

Payment Calculator

$2,189

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,341

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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-17661
3
/10

  • Arlington Elementary School

  • 6363 N Smith St

  • 0.60 miles

  • Public District Grades PK-5

school-card-donut-17662
7
/10

  • Whitman Elementary School

  • 5400 N Helena St

  • 0.62 miles

  • Public District Grades PK-5

school-card-donut-17663
2
/10

  • Regal Elementary School

  • 2707 E Rich Ave

  • 0.70 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,357. Typical income of Spokane, WA residents is less than $35k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Washington›Spokane County›Spokane›99217›2506 E Rowan Ave

This home is located at 2506 E Rowan Ave in Spokane, WA and zip code 99217 in the Hillyard neighborhood. This 2,260 square foot home, which was built in 1977, sits on a 0.14 acre lot. It has been listed on Rocket Homes since October 04, 2024 and is currently priced at $425,000.

While more than 51 listings in Spokane, WA in November 2024 were sold above asking price, there were more than 70 listings sold at asking price, and more than 112 were sold below. In November 2024 in Spokane, WA there were 4.7% less homes for sale than in October 2024. Listings spent 32 days on the market in November 2024, and had a median list price of $399,990 during the same period.

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

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