Historic 7 unit building in the heart of Spokane's South Hill. Investors don't miss this opportunity to purchase a well maintained multi-family building conveniently located close to bus routes, groceries, restaurants, and hospitals - making it an ideal location to attract long term tenants. Looking for cash flow and low capital improvements? Look no further.
Property Details
Property Features
Property Information:
Architectural Style: Craftsman
Year Built: 1909
Stories: 2
Living Area: 6,200 SqFt
Listing Office:
Office Name: Windermere Manito, LLC
Office Phone: (509) 747-1051
Listing Agent: Dan McLaughlin
Interior Features
Interior Information:
Appliances: Range, Refrigerator
Basement: Yes
Flooring Type: Wood, Natural Woodwork
Interior: Wood Floor, Natural Woodwork, Windows Wood
Fireplace: Masonry
Exterior Features
Exterior Information:
View: City
Exterior: See Remarks
Parking Information:
Garage Space: 1 space
Parking: Off Site, Shared Driveway
Lot Features
Lot Information:
Lot: Views, Fencing, Sprinklers, Rolling/Hilly, Oversized Lot
Lot Size: 0.27 Acres
Utilities
Utilities Information:
Heating: Electric
Cooling: Window Unit(s)
Other
Directions Information:
Directions: S on Monroe. Property sits on the NE corner of 7th and Monroe.
Price Information
Listing Price Info
Price Summary:
List Price: $1,200,000
Price Per SqFt: $194/SqFt
Tax Information:
Annual Amount: $6,157
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Spokane, WA.
This property is $800K more than the Median Sold Price and $11/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: #202425387
Listing Office:
Office Name: Windermere Manito, LLC
Office Phone: (509) 747-1051
Listing Agent: Dan McLaughlin
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: 11/18/2024, 12:10:47 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
DATE
EVENT
PRICE
Apr 21, 2021
Apr 21, 2021Home Sold
$1,030,000
Sep 13, 2018
Sep 13, 2018Home Sold
$520,000
May 15, 2007
May 15, 2007Home Sold
$361,050
Jan 02, 2003
Jan 02, 2003Home Sold
$203,500
Jan 13, 1998
Jan 13, 1998Home Sold
$150,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$6,157
$518,400
2020
$6,112
$495,880
2018
$4,375
$357,680
2017
$4,972
$349,480
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$6,057
Per Month
Principal & Interest
$5,990
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
$3,664
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 school0.75 miles
Public District Grades PK-5
9
/10
Wilson Elementary School
911 W 25th Ave
Distance between this listing and this school1.25 miles
Public District Grades KG-5
2
/10
Grant Elementary School
1300 E 9th Ave
Distance between this listing and this school1.65 miles
Public District Grades PK-5
Nearby Schools
6
/10
Spokane Public Montessori
1300 W Knox Ave
Distance between this listing and this school1.86 miles
Public District Grades PK-8
7
/10
Sacajawea Middle School
401 E 33rd Ave
Distance between this listing and this school1.97 miles
Public District Grades 6-8
2
/10
Glover Middle School
2404 W Longfellow Ave
Distance between this listing and this school3.47 miles
Public District Grades 6-8
Nearby Schools
7
/10
Lewis & Clark High School
521 W 4th Ave
Distance between this listing and this school0.31 miles
Public District Grades 9-12
8
/10
Bryant Center
910 N Ash St
Distance between this listing and this school1.19 miles
Public District Grades PK-12
7
/10
Pride Preparatory School
811 E Sprague Ave Ste A
Distance between this listing and this school1.41 miles
The neighbors living near this home have an average income of $52,723. Typical income of Spokane, WA residents is between $35k-100k annually. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.
This home is located at 928 W 7th Ave in Spokane, WA and zip code 99204 in the Cliff / Cannon neighborhood. This 6,200 square foot home, which was built in 1909, sits on a 0.27 acre lot. It has been listed on Rocket Homes since November 07, 2024 and is currently priced at $1,200,000.
Over 94 listings were sold over their listed price in October 2024 in Spokane, WA. In the same period over 118 listings were sold below the listed price and 91 listings were sold for the listed price. 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.