1714 W 8th Ave

3
Baths
3,324 Sq. Ft.
$168 / Sq. Ft.
3,324
Sq. Ft.
$168
per Sq. Ft.

Description

Welcome to your next investment opportunity nestled in the heart of Spokane – a charming triplex, yielding nearly a 6.5% cap rate, boasting a rich history of great tenants. Situated in the coveted south hill, this triplex offers convenience and accessibility to all that Spokane has to offer. With its great rental history and 100% occupancy rate, you're stepping into a lucrative venture from day one. Whether you're a seasoned investor looking to expand your portfolio or a newcomer seeking a stable...Welcome to your next investment opportunity nestled in the heart of Spokane – a charming triplex, yielding nearly a 6.5% cap rate, boasting a rich history of great tenants. Situated in the coveted south hill, this triplex offers convenience and accessibility to all that Spokane has to offer. With its great rental history and 100% occupancy rate, you're stepping into a lucrative venture from day one. Whether you're a seasoned investor looking to expand your portfolio or a newcomer seeking a stable income stream, this triplex presents an unparalleled opportunity to grow your portfolio. From refreshed interiors to upgraded amenities, this triplex won’t disappoint. Parking is no problem with the added 3 stall garage with openers in addition to off-street parking.
  1. Listed by Patrick Libey • Avalon 24 Real Estate
    P: (208)-669-2231 patrick@libeyhomes.com

Property Details for 1714 West 8th Avenue

Parking Features
Detached, Workshop in Garage, Oversized
Architectural Style
Tudor
Subdivision Name
Cannons Add
Zoning
RMF
LISTING UPDATED: 04/26/2024 08:01 AM

Property Details for 1714 West 8th Avenue

StatusSold
MLS #202413070
Days on Market4
Pet Policy-
Taxes$4,780 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeRental
MLS TypeMultiFamily / Rental
Year Built1906
Lot Size0.16 AC / 7,100 SF
CountySpokane County

Location

Listing Courtesy of Avalon 24 Real Estate

Sold By Windermere Valley

Add your commute

Building Information for 1714 West 8th Avenue

Building/Complex1714 W 8th AveFloor-Stories2Residences3Pet Policy-Pet Policy Details-Year Built1906Building Size-

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$3,189 per month

30 year fixed, 6.36% Interest

Principal and Interest

$2,791

Property Taxes

$398

HOA Dues

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Property Information for 1714 West 8th Avenue

Summary
Location and General Information
  • County Or Parish: Spokane
  • Longitude: -117.44
  • Other Structures: Workshop
  • Directions: South on Maple, west on 8th two blocks. Property is third house on the right fron corner of 8th and Ash.
  • Class: Rental Income
  • Latitude: 47.65
Taxes and HOA
  • Tax Annual Amount: $4,779.85
  • Additional Parcels: No
  • Association: No
  • Parcel Number: 25244.3609
Parking
  • Garage Spaces: 3.00
School Information
  • Middle Or Junior School: SAC
Property
Lot Information
  • Lot Features: Fenced Yard, Treed, Level, Oversized Lot
  • Lot Size Acres: 0.16
  • Lot Size Square Feet: 7100.0
Property and Assessments
  • Construction Materials: Wood
  • 1031 Exchange: No
  • Bank Approved: No
  • FIPS: 53063
  • Year Built: 1906
  • First Photo Additional Detail: 2024-03-18T21:34:16.3
Utilities
  • High Speed Internet: Yes
  • Water Source: Public
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Association Amenities: None
  • Area: A220/040
  • Foundation Details: Concrete Perimeter
  • Structure Type: Two Story
  • Road Frontage Type: City Street, Paved Road
  • Roof: Composition Shingle
  • View: Territorial
Interior Features
  • Basement: Yes
  • Heating: Gas Hot Air Furnace, Electric, Oil, Baseboard
  • Appliances: Free-Standing Range, Dishwasher, Washer, Dryer
  • Basement: Full, Partial, Laundry, Walk-Out Access
  • Stories: 2
  • Interior Features: Fireplace, High Speed Internet
  • Fire place Features: Masonry
Room Information
Bathrooms
  • Bathrooms Total Integer: 0
Unit Information
Unit Information
  • Number Of Units Total: 3
Unit 1
  • Baths Total: 1
  • Beds Total: 2
  • Type: Unit A
  • Units Total: 1
Unit 2
  • Baths Total: 1
  • Beds Total: 3
  • Type: Unit B
  • Units Total: 1
Unit 3
  • Baths Total: 1
  • Beds Total: 2
  • Type: Unit C
  • Units Total: 1
Rental
Rental Information
  • Occupant Type: Tenant

Property History for 1714 West 8th Avenue

DateEvent & SourcePriceAppreciation
Apr 23, 2024

Sold

SPOKANEMLS #202413070

$560,000—
Apr 23, 2024

Sold

Coeur D'Alene Multiple Listing Service #24-2087

$560,000—
Apr 18, 2024

Sold (Public Record)

Public Record #1530744403

$560,000

+7.6% / yr

DateEvent & SourcePrice
04/23/2024

Sold

SPOKANEMLS #202413070

$560,000
04/23/2024

Sold

Coeur D'Alene Multiple Listing Service #24-2087

$560,000
04/18/2024

Sold (Public Record)

Public Record #1530744403

$560,000

+7.6% / yr

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1714 West 8th Avenue

Taxable ValueLand$113,600Additions$426,300Total$539,900
Tax Record2025$5,353 ($446 / month)
Home Facts
Baths3Total Finished SqFt4,421 SqFtAbove Ground SqFt3,438 SqFtFinished Basement SqFt983 SqFtStories2Lot Size7,100 SqFtStyleTriplexYear Built1906Year Renovated1995CountySPOKANEAPN25244.3609Fireplace TypeHas Fireplace

Schools near 1714 West 8th Avenue

This home is within Spokane School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 6 to 8
Public - 9 to 12
Public - PK to 12
Rating
School
Distance
Roosevelt Elementary School
PublicPK to 6

Sacajawea Middle School
Public6 to 8

Lewis & Clark High School
Public9 to 12

Bryant Center
PublicPK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Avalon 24 Real Estate

Based on information submitted to the MLS GRID as of 04/26/2024 08:01 AM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.