7 months on rocket

408 S Ray Street 3226E 4Th Ave, Spokane, WA, 99202

$1,100,000

Home List Price

$10,000*

Closing Credit

0 Baths
4,853 SqFt
$227/SqFt
Multi

Location

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408 S Ray Street 3226E 4Th Ave, Spokane$1,100,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingDetached, Garage Door Opener, Off Site, Oversized
Garage4 spaces
Year Built2007
HeatingGas, Forced Air, Other
CoolingCentral Air
ViewTerritorial
MLS #202416542
Lot Size0.46 Acres
StatusActive

About 408 S Ray Street 3226E 4Th Ave

5 low expense Units on 3 separate parcels ready to cash flow with option to use *Residential financing!* 3 Buildings including 3 Parcels, 2 Duplexes, 1 Single Family and 4 Garages. All units are 3 bedroom and 1 bathroom, the Duplex units were built in 07' (updated) and offer 947 sqft, the Single family home was built in 77' (updated) and offers 1050 sqft. 4 high-door single car garages included. Updates: LPV flooring, efficient water heaters, gas forced furnaces and Cent AC, fixtures, new paint and more. Each unit has its own laundry hook ups and fenced yard space. Tons of value add and/or turn key ready to go, see them today!

Property Details

Property Features

Property Information:

  • Architectural Style: Rancher, Other
  • Year Built: 2007
  • Stories: 1
  • Living Area: 4,853 SqFt

Listing Office:

  • Office Name: 4 Degrees Real Estate
  • Office Phone: (509) 413-1956
  • Listing Agent: Patrick Kendrick

Interior Features

Interior Information:

  • Appliances: Range, Refrigerator
  • Basement: No
  • Interior: Utility Room, Windows Vinyl, Multi Pn Wn, In-Law Floorplan

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Territorial
  • Exterior: None

Parking Information:

  • Garage Space: 4 spaces
  • Attached Garage: No
  • Parking: Detached, Garage Door Opener, Off Site, Oversized

Lot Features

Lot Information:

  • Lot: Corner Lot, Oversized Lot
  • Lot Size: 0.46 Acres

Utilities

Utilities Information:

  • Heating: Gas, Forced Air, Other
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,100,000
  • Price Per SqFt: $227/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

$205

Avg. Days On Market

32

# of Sold Homes

234

408 S Ray Street 3226E 4Th Ave vs Spokane

215 DAYS ON ROCKET

+183 Days

$1,100,000

+$700K More

$227/SqFt

+$21 More

KEY TAKEAWAY

This property is $700K more than the Median Sold Price and $21/SqFt more than other homes in Spokane, WA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SARMLS
  • MLS Number: #202416542

Listing Office:

  • Office Name: 4 Degrees Real Estate
  • Office Phone: (509) 413-1956
  • Listing Agent: Patrick Kendrick

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, 1:11:02 PM 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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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,364

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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-4544249
4
/10
  • Frances L. N. Scott Elementary School

  • 3737 E 5th Ave

  • 0.36 miles

  • Public District Grades PK-5

school-card-donut-4544250
6
/10
  • Franklin Elementary School

  • 2627 E 17th Ave

  • 0.89 miles

  • Public District Grades PK-5

school-card-donut-4544251
6
/10
  • Lincoln Heights Elementary School

  • 3322 E 22nd Ave

  • 1.26 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $26,687. Most Spokane, WA residents have annual incomes less than $35k. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas


Rocket Homes›Washington›Spokane County›Spokane›99202›408 S Ray Street 3226E 4Th Ave

This home is located at 408 S Ray Street 3226E 4Th Ave in Spokane, WA and zip code 99202 in the East Central neighborhood. This 4,853 square foot home, which was built in 2007, sits on a 0.46 acre lot. It has been listed on Rocket Homes since May 17, 2024 and is currently priced at $1,100,000.

Over 51 listings were sold over their listed price in November 2024 in Spokane, WA. In the same period over 112 listings were sold below the listed price and 70 listings were sold for the listed price. The number of homes for sale in Spokane, WA decreased by 4.7% between October 2024 and November 2024. While the average time on the market in November 2024 was 32 days, the median list price was $399,990.

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

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