408 South Ray Street, Unit 3226 E 4TH AVE

408 South Ray Street, Unit 3226 E 4TH AVE

Spokane, WA 99202

$1,100,000
Price
6
Beds
2
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

Description

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...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!
  1. Listed by Patrick Kendrick • 4 Degrees Real Estate
  2. Listed by Patrick Kendrick • 4 Degrees Real Estate

Property Details for 408 South Ray Street, Unit 3226 E 4TH AVE

Parking Features
Detached, Garage Door Opener, Off Site, Oversized
Architectural Style
Rancher,Other

Location

Listing Courtesy of 4 Degrees Real Estate
Add your commute
LISTING UPDATED: 05/24/2024 12:22 AM

Property Details for 408 South Ray Street, Unit 3226 E 4TH AVE

StatusActive
MLS #202416542
Days on Market25
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Rental
Year Built2007
Lot Size0.46 AC / 20,038 SF
CountySpokane County

Location

Listing Courtesy of 4 Degrees Real Estate
Add your commute

Building Information for 408 South Ray Street, Unit 3226 E 4TH AVE

Building/Complex408 S Ray StFloor-Stories1Residences5Pet Policy-Year Built2007Building Size-Lot Size0.46 AC / 20,038 SF

Payment Calculator

$6,003 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,003

Property Taxes

—

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 408 South Ray Street, Unit 3226 E 4TH AVE

Summary
Location and General Information
  • County Or Parish: Spokane
  • Longitude: -117.36
  • Other Structures: See Remarks
  • Class: Rental Income
  • Latitude: 47.65
Taxes and HOA
  • Additional Parcels Description: 35222.3713, 35222.3715
  • Additional Parcels: Yes
  • Parcel Number: 35222.3714
Parking
  • Garage Spaces: 4.00
  • Parking Total: 4.00
School Information
  • Middle Or Junior School: Chase
Property
Lot Information
  • Lot Features: Corner Lot, Oversized Lot
  • Lot Size Acres: 0.46
  • Lot Size Square Feet: 20038.0
Property and Assessments
  • Construction Materials: Wood
  • 1031 Exchange: Yes
  • FIPS: 53063
  • Year Built: 2007
  • First Photo Additional Detail: 2024-05-17T17:16:06.3
Interior and Exterior Features
Exterior Features
  • Association Amenities: None
  • Area: A210/030
  • Structure Type: One Story
  • Road Frontage Type: City Street, Private Road
  • Roof: Composition Shingle
  • View: Territorial
Interior Features
  • Heating: Gas Hot Air Furnace, Forced Air, Prog. Therm.
  • Appliances: Free-Standing Range, Refrigerator
  • Basement: Crawl Space
  • Stories: 1
  • Interior Features: Utility Room, Windows Vinyl, Multi Pn Wn, In-Law Floorplan
Room Information
Dining Room
  • Dining Room: Kit Eat Sp
Family Room
  • Family/Recreation Room: 1st Flr,Off Kit
Multi Family
Income & Expenses Information
  • Water Sewer Expense: $7,920.00
  • Other Expense: $3,168.00
Unit Information
Unit Information
  • Number Of Units Total: 5
Unit 1
  • Approx Square Feet: 947
  • Baths Total: 1
  • Beds Total: 3
  • Type: Unit A
  • Units Total: 4
Unit 2
  • Approx Square Feet: 1065
  • Baths Total: 1
  • Beds Total: 3
  • Type: Unit B
  • Units Total: 1
Rental
Rental Information
  • Occupant Type: Tenant

Property History for 408 South Ray Street, Unit 3226 E 4TH AVE

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 408 South Ray Street, Unit 3226 E 4TH AVE

This home is within Spokane School District.
Rating
School
Type
Grades
Distance
Sheridan Elementary School
Public - PK to 6
Chase Middle School
Public - 7 to 8
Ferris High School
Public - 9 to 12
Libby Center
Public - K to 8
Rating
School
Distance
Sheridan Elementary School
PublicPK to 6

Chase Middle School
Public7 to 8

Ferris High School
Public9 to 12

Libby Center
PublicK to 8

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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More information about 408 South Ray Street, Unit 3226 E 4TH AVE, Spokane, WA 99202

408 South Ray Street, Unit 3226 E 4TH AVE is a multi-family home for sale in Spokane, WA 99202. This property was listed for sale on May 17, 2024 by 4 Degrees Real Estate, it's currently listed at $1,100,000. This listing's school district is Spokane School District. Nearby schools include Sheridan Elementary School, Chase Middle School and Ferris High School. 408 South Ray Street, Unit 3226 E 4TH AVE is a 6-bed, 2-bath, multi-family home built in 2007.

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 4 Degrees Real Estate

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.