10 months on rocket

7314 E 7th Ave, Spokane Valley, WA, 99212

$649,898

Home List Price

$7,718*

Closing Credit

0 Baths
2,984 SqFt
$218/SqFt
Multi

Location

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7314 E 7th Ave, Spokane Valley$649,898

Buyer Closing Credits

$7,718*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOff Site
Year Built1942
HeatingGas, Forced Air
MLS #202411236
Lot Size0.35 Acres
StatusActive
(Chg price)

About 7314 E 7th Ave

Investors check this out! 4-units in two separate side-by-side duplex buildings on 1 lot right next to Edgecliff Park in Spokane Valley. Fully rented with room to increase rents. All units are 2 bed / 1 bath with their own washer/dryer and a comfortable layout. Two residences have a bonus 3rd room which could be used as office space, additional family room or possibly extra bedroom. Plenty of off street parking & individual storage units. There's a courtyard between the buildings, located on a dead-end street directly adjacent to a quiet park and some newer constructed duplexes & single family homes. Don't miss out on this opportunity.

Property Details

Property Features

Property Information:

  • Architectural Style: Rancher
  • Year Built: 1942
  • Stories: 1
  • Living Area: 2,984 SqFt

Listing Office:

  • Office Name: Keller Williams Spokane - Main
  • Office Phone: (509) 458-4000
  • Listing Agent: Lee Arnold

Interior Features

Interior Information:

  • Appliances: Range
  • Basement: No
  • Interior: Windows Wood

Exterior Features

Exterior Information:

  • Exterior: Storage

Parking Information:

  • Parking: Off Site

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.35 Acres

Utilities

Utilities Information:

  • Heating: Gas, Forced Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $649,898
  • Price Per SqFt: $218/SqFt

Tax Information:

  • Annual Amount: $3,842
  • Tax Year: 2021
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Housing Market Comparison

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

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Spokane Valley, WA

City

Med. Sold Price

$422.8K

Med. Price/SqFt

$209

Avg. Days On Market

34

# of Sold Homes

61

7314 E 7th Ave vs Spokane Valley

321 DAYS ON ROCKET

+287 Days

$649,898

+$227K More

$218/SqFt

+$9 More

KEY TAKEAWAY

This property is $227K more than the Median Sold Price and $9/SqFt more than other homes in Spokane Valley, WA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SARMLS
  • MLS Number: #202411236

Listing Office:

  • Office Name: Keller Williams Spokane - Main
  • Office Phone: (509) 458-4000
  • Listing Agent: Lee Arnold

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, 1:56:01 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 23, 2021Home Sold
$495,000
Apr 22, 2021Home Sold
$495,000
Sep 11, 2006Home Sold
$210,000
Aug 30, 2004Home Sold
$89,546

Tax History

YEARPROP. TAXASSESSMENT
2021$3,842$297,530
2020$3,792$282,750
2018$2,642$182,550
2017$2,772$192,750

History based on county public records data.

Payment Calculator

$3,311

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,015

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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-4427278
2
/10

  • Seth Woodward Elementary School

  • 7401 E Mission Ave

  • 1.49 miles

  • Public District Grades 1-5

school-card-donut-4427279
8
/10

  • Arthur B. Ness Elementary School

  • 9612 E Cataldo Ave

  • 1.76 miles

  • Public District Grades 1-5

school-card-donut-4427280
5
/10

  • Universtiy Elementary School

  • 1613 S University Rd

  • 2.18 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,382. Typical income of Spokane Valley, WA residents is between $35k-100k annually. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Washington›Spokane County›Spokane Valley›99212›7314 E 7th Ave

This home is located at 7314 E 7th Ave in Spokane Valley, WA and zip code 99212 in the Mountain Home neighborhood. This 2,984 square foot home, which was built in 1942, sits on a 0.35 acre lot. It has been listed on Rocket Homes since February 01, 2024 and is currently priced at $649,898.

While more than 15 listings in Spokane Valley, WA in November 2024 were sold above asking price, there were more than 20 listings sold at asking price, and more than 25 were sold below. Between October 2024 and November 2024, Spokane Valley, WA real estate market has seen decrease in the number of listings by 10.2%. Listings spent 34 days on the market in November 2024, and had a median list price of $422,850 during the same period.

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

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