7314 East 7th Avenue

Spokane Valley, WA 99212

$699,900
Price
10
Beds
4
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

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...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.
  1. Listed by Lee Arnold • Keller Williams Spokane - Main
  2. Listed by Michelle Eyraud-Mendez • Cogo Realty

Property Details for 7314 East 7th Avenue

Parking Features
Off Site
Architectural Style
Rancher

Location

Listing Courtesy of Keller Williams Spokane - Main; Cogo Realty
Add your commute
LISTING UPDATED: 02/13/2024 07:00 AM

Property Details for 7314 East 7th Avenue

StatusActive
MLS #202411236
Days on Market93
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Rental
Year Built1942
Lot Size0.35 AC / 15,240 SF
CountySpokane County

Location

Listing Courtesy of Keller Williams Spokane - Main; Cogo Realty
Add your commute

Building Information for 7314 East 7th Avenue

Building/Complex7314 E 7th AveFloor-Stories1Residences4Pet Policy-Year Built1942Building Size-Lot Size0.35 AC / 15,240 SF

Payment Calculator

$4,238 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,820

Property Taxes

$418

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7314 East 7th Avenue

Summary
Location and General Information
  • County Or Parish: Spokane
  • Longitude: -117.31
  • Class: Rental Income
  • Latitude: 47.65
Taxes and HOA
  • Parcel Number: 35241.4001
Parking
  • Garage Spaces: .00
School Information
  • Middle Or Junior School: Chase
Property
Lot Information
  • Lot Features: Level
  • Lot Size Acres: 0.35
  • Lot Size Square Feet: 15240.0
  • Lot Size Length: 127
  • Lot Size Width: 120
Property and Assessments
  • Construction Materials: Hardboard Siding
  • 1031 Exchange: No
  • Bank Approved: No
  • FIPS: 53063
  • Year Built: 1942
  • First Photo Additional Detail: 2024-02-01T00:38:40.5
Interior and Exterior Features
Exterior Features
  • Association Amenities: Storage
  • Area: A210/074
  • Structure Type: One Story
  • Road Frontage Type: City Street, Paved Road
  • Roof: Composition Shingle
Interior Features
  • Heating: Gas Hot Air Furnace, Forced Air
  • Appliances: Free-Standing Range
  • Basement: None
  • Stories: 1
  • Interior Features: Windows Wood
Room Information
Dining Room
  • Dining Room: Kit Eat Sp
Unit Information
Unit Information
  • Number Of Units Total: 4
Unit 1
  • Approx Square Feet: 725
  • Baths Total: 1
  • Beds Total: 3
  • Type: Unit A
  • Units Total: 1
Unit 2
  • Approx Square Feet: 850
  • Baths Total: 1
  • Beds Total: 3
  • Type: Unit B
  • Units Total: 1
Unit 3
  • Approx Square Feet: 625
  • Baths Total: 1
  • Beds Total: 2
  • Type: Unit C
  • Units Total: 1
Unit 4
  • Approx Square Feet: 640
  • Baths Total: 1
  • Beds Total: 2
  • Type: Unit D
  • Units Total: 1
Rental
Rental Information
  • Occupant Type: Tenant

Property History for 7314 East 7th Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 7314 East 7th Avenue

Taxable ValueLand$80,000Additions$395,400Total$475,400
Tax Record2023$5,016 ($418 / month)
Home Facts
Baths4Total Finished SqFt1,492 SqFtAbove Grade Finished SqFt1,492 SqFtStories1Lot Size15,240 SqFtStyleDuplexYear Built1942CountySPOKANEAPN35241.4001

Schools near 7314 East 7th 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
Lincoln Heights Elementary School
PublicPK to 6

Chase Middle School
Public7 to 8

Ferris 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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7314 East 7th Avenue is a multi-family home for sale in Spokane Valley, WA 99212. This property was listed for sale on January 31, 2024 by Keller Williams Spokane - Main, it's currently listed at $699,900. It has been on the market for a total of 93 days and was last sold on April 23, 2021. This listing's school district is Spokane School District. Nearby schools include Lincoln Heights Elementary School, Chase Middle School and Ferris High School. 7314 East 7th Avenue is a 10-bed, 4-bath, multi-family home built in 1942.

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 Keller Williams Spokane - Main; Cogo Realty

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.