1520 West Tenth Avenue
1520 West Tenth Avenue
Spokane, WA 99204
$682,000
Price
9
Beds
6
Baths
3,844 Sq. Ft.
$177 / Sq. Ft.
3,844
Sq. Ft.
$177
per Sq. Ft.
Pending Inspection
Pending Inspection
Listing provided courtesy of Hansen Group Real Estate Inc, Pellego, Inc.
Description
Rare South Hill triplex investment gem with great income potential. Originally a 1909 home with two added units on the back in 1995. Majority of photos are of unit 1524. Excellent opportunity for an owner occupied investment or split unit 1520 to increase by an additional unit. Each unit has been recently renovated and is 3 beds, 2 bath and 1 car garage with in-unit laundry. Rents are currently below market value and on month to month leases. $3400/mo owner occupied cash flow or $5100/mo fully rented....Rare South Hill triplex investment gem with great income potential. Originally a 1909 home with two added units on the back in 1995. Majority of photos are of unit 1524. Excellent opportunity for an owner occupied investment or split unit 1520 to increase by an additional unit. Each unit has been recently renovated and is 3 beds, 2 bath and 1 car garage with in-unit laundry. Rents are currently below market value and on month to month leases. $3400/mo owner occupied cash flow or $5100/mo fully rented. Great location right on the transit line with easy access to I90, hospitals and downtown business district.
- Listed by Olivia Statham • Hansen Group Real Estate Inc
- Listed by Bob Hernon • Pellego, Inc.
Property Details for 1520 West Tenth Avenue
Community Name
Spokane
School DistrictSpokane
Number of Assigned Spaces5
Total Covered Parking3
Offers Review Date05-13-2024
Entry Date05-09-2024
Energy SourceElectric,Natural Gas
SewerSewer Connected
Location
Listing Courtesy of Hansen Group Real Estate Inc; Pellego, Inc.![]()
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LISTING UPDATED: 05/23/2024 12:37 PM
Property Details for 1520 West Tenth Avenue
| Status | Pending Inspection |
|---|---|
| MLS # | 2234573 |
| Days on Market | 13 |
| Cumulative Days on Market | 13 |
| Taxes | $5,794 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1909 |
| Lot Size | 0.16 AC / 7,100 SF |
| County | Spokane County |
Location
Listing Courtesy of Hansen Group Real Estate Inc; Pellego, Inc.![]()
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Building Information for 1520 West Tenth Avenue
Stories2Residences3Year Built1909Building Size-Lot Size0.16 AC / 7,100 SF
Payment Calculator
$4,205 per month
30 year fixed, 7.25% Interest
Principal and Interest
$3,722
Property Taxes
$483
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 1520 West Tenth Avenue
Summary
Location and General Information
- Style: 53 - Tri-plex
- Site Features: Cable TV, Deck, Fenced-Fully, Gas Available, High Speed Internet, Patio
- Area: 561 - Spokane County
- Elementary School: Roosevelt Elementary
- Middle Or Junior School: Sacajawea Mid
- High School: Lewis & Clark High
- Effective Year Built Source: Public Records
- Directions: S-bound Maple or N-bound Cedar toward 10th Ave. Park on 10th, Maple or Walnut and walk the alley between 9th and 10th to empty unit 1524.
- Leased Items: None
- Property Sub Type: MULT
- View: No
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2024
Parking
- Number of Carport Spaces: 0.0
- Carport: No
- Open Parking Spaces: 2.0
- Open Parking: Yes
Interior and Exterior Features
Bathroom Information
- Full Baths Upper: 0
- Three Quarter Baths Upper: 0
- Half Baths Upper: 0
- Main Level Bathrooms: 0
Bedroom Information
- Bedrooms Upper: 0
- Bedrooms Possible: 0
Interior Features
- Fireplaces Total: 0
- Floor Covering: Vinyl, Vinyl Plank, Carpet
- Features: Wall to Wall Carpet
- Amenities: Basement
- Cooling: Yes
- Cooling: Central A/C
- Fireplace: No
- Heating: Yes
- Heating: Forced Air
- FIRPTA: No
Exterior Features
- Exterior: Wood
- Roof: Composition
- Security Features: PartiallyFenced
Property
Utilities
- Water Source: Public
- Water/Sewer/Garbage: 186
- Power Company: Avista
- Sewer Company: City of Spokane
- Water Company: City of Spokane
- Power Production Type: Electric, Natural Gas
Property and Assessments
- New Construction YN: No
- Zoning Jurisdiction: City
- Foundation: Poured Concrete
- Zoning Class: Residential
- First Right Of Refusal: false
- Possible Use: Residential
- MLS Square Footage Source: Realist
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Year Built Effective: 1909
- Photos Count: 20
Lot Information
- Lot Details: Alley, Corner Lot, Curbs, Paved, Sidewalk
- Lot Size Source: Realist
- Parcel Number Free Text: 25244.4208
- Calculated Square Footage: 3844
- Structure Type: Triplex
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 3844.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
Multi Family
Building Details
- Number of Uncovered Spaces: 2
- Number of Stories in Building: 2
- Vacancy Rate: 5
- Number Of Units Total: 3
- Units Below Grade: true
- Units In Building Total: 3
Financing / Income and Expenses
- Electric Expense: $0
- Total Expenses: 8001
- Gross Adjusted Income: 41011
- Gross Rent Multiplier: 1070
- Gross Scheduled Income: $63,753
- Insurance Expense: $2,021
- Net Operating Income: $42,323
- Other Expenses: $0
- Total Monthly Income: 5220
- Fuel Expense: $0
Unit 1
- Name Unit 1: 1520
- Washer/Dryer Unit 1: true
- Range/Oven Unit 1: true
- Refrigerator Unit 1: true
- Dishwasher Unit 1: true
- Square Feet Unit 1: 2044
- Rent Unit 1: $1,755.00
- Bedrooms Unit 1: 3
- Fireplaces Unit 1: 1
- Bathrooms Unit 1: 2
Unit 2
- Name Unit 2: 1522
- Washer/Dryer Unit 2: true
- Range/Oven Unit 2: true
- Refrigerator Unit 2: true
- Dishwasher Unit 2: true
- Square Feet Unit 2: 1320
- Rent Unit 2: $1,665.00
- Bedrooms Unit 2: 3
- Fireplaces Unit 2: 0
- Bathrooms Unit 2: 2
Unit 3
- Name Unit 3: 1524
- Washer/Dryer Unit 3: true
- Range/Oven Unit 3: true
- Refrigerator Unit 3: true
- Dishwasher Unit 3: true
- Square Feet Unit 3: 1320
- Rent Unit 3: $1,800.00
- Bedrooms Unit 3: 3
- Fireplaces Unit 3: 0
- Bathrooms Unit 3: 2
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 4684.0
- Leasable Area Units: Square Feet
Property History for 1520 West Tenth Avenue
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1520 West Tenth Avenue
Taxable ValueLand$113,600Additions$502,300Total$615,900
Tax Record2023$6,017 ($501 / month)
Home Facts
Baths6Total Finished SqFt4,564 SqFtAbove Grade Finished SqFt4,564 SqFtStories1Lot Size7,100 SqFtStyleTriplexYear Built1909CountySPOKANEAPN25244.4208Fireplace TypeHas Fireplace
Schools near 1520 West Tenth Avenue
This home is within Spokane School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 6 | |||
| Public - | 7 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 3 to 12 |
Rating | School | Distance |
|---|---|---|
Roosevelt Elementary School PublicPK to 6 | ||
Sacajawea Middle School Public7 to 8 | ||
Lewis & Clark High School Public9 to 12 | ||
Pratt Academy Public3 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 descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Hansen Group Real Estate Inc; Pellego, Inc.
The information is being provided by Coeur d’Alene Multiple Listing Service and Spokane Association of REALTORS. Information deemed reliable but not guaranteed. Information is provided for consumers’ personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 Coeur d’Alene Multiple Listing Service and Spokane Association of REALTORS. All Rights Reserved.