812 East 5th Avenue

Spokane, WA 99202

$450,000
Price
16,080 / 0.37
Lot Size / Acres

Description

Incredible Income Investment Property! This rare raw land is read to be developed, can go SFR or Multi-Family with Engineered and approved plans for a 12 Unit Apartment Complex Included (a $125,000 Value), or seek approval for up to a 24 unit complex With The New Zoning Rules! 4-Plex Next Door is Also Available to Expand Your Investment Opportunity. Don't Miss this Rare Opportunity For Investment Property In The Heart of Spokane, Close to Everything Including Bus Routes! This Property Is In The Opportunity...Incredible Income Investment Property! This rare raw land is read to be developed, can go SFR or Multi-Family with Engineered and approved plans for a 12 Unit Apartment Complex Included (a $125,000 Value), or seek approval for up to a 24 unit complex With The New Zoning Rules! 4-Plex Next Door is Also Available to Expand Your Investment Opportunity. Don't Miss this Rare Opportunity For Investment Property In The Heart of Spokane, Close to Everything Including Bus Routes! This Property Is In The Opportunity Federal Tax Zone for extra benefits to the investor.
  1. Listed by Carrie Meyer • Kestell Company

Property Details for 812 East 5th Avenue

Subdivision Name
MARTINS SUBDIVISION
Zoning
MF

Location

Listing Courtesy of Kestell Company
Add your commute
LISTING UPDATED: 04/19/2024 08:01 AM

Property Details for 812 East 5th Avenue

StatusActive
MLS #202322634
Days on Market219
Taxes$793 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Land
Year Built-
Lot Size0.37 AC
CountySpokane County

Location

Listing Courtesy of Kestell Company
Add your commute

Building Information for 812 East 5th Avenue

Lot Size0.37 AC

Payment Calculator

$2,522 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,456

Property Taxes

$66

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 812 East 5th Avenue

Summary
Location and General Information
  • County Or Parish: Spokane
  • Longitude: -117.40
  • Directions: GPS IS ACCURATE. JUST EAST OF SHERMAN ON 5TH AVENUE SIGN ON STREET.
  • Class: Lots & Land
  • Latitude: 47.65
Taxes and HOA
  • Tax Annual Amount: $792.96
  • Additional Parcels: No
  • Parcel Number: 35201.5317
School Information
  • Middle Or Junior School: SACAJAWEA
Property
Lot Information
  • Lot Features: Level, Open Lot, Oversized Lot
  • Lot Size Acres: 0.37
  • Lot Size Square Feet: 16080.0
Property and Assessments
  • 1031 Exchange: No
  • FIPS: 53063
  • First Photo Additional Detail: 2023-09-29T23:45:54.6
Utilities
  • Utilities: Natural Gas Available, Phn Av Prop L, Pwr Av Prop L, Wired Internet Available
  • High Speed Internet: Yes
  • Water Source: Public, Available
  • Sewer: Sewer Available
Interior and Exterior Features
Exterior Features
  • Area: A210/031
  • Road Frontage Type: City Street, Paved Road
  • View: City

Property History for 812 East 5th 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 812 East 5th Avenue

Taxable ValueLand$80,110Additions-Total$80,110
Tax Record2023$793 ($66 / month)
Home Facts
Beds2Baths1Total Finished SqFt929 SqFtAbove Grade Finished SqFt929 SqFtStories1Lot Size16,080 SqFtStyleSingle Family ResidenceYear Built1907CountySPOKANEAPN35201.5317Fireplace TypeHas Fireplace

Schools near 812 East 5th 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 - 8 to 12
Rating
School
Distance
Grant Elementary School
PublicPK to 6

Sacajawea Middle School
Public7 to 8

Lewis & Clark High School
Public9 to 12

Daybreak Alternative School
Public8 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.

Similar Homes

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812 East 5th Avenue is a 0.37 ac of land for sale in Spokane, WA 99202. This property was listed for sale on September 29, 2023 by Kestell Company, it's currently listed at $450,000. This listing's school district is Spokane School District. Nearby schools include Grant Elementary School, Sacajawea Middle School and Lewis & Clark High School. 812 East 5th Avenue is a 0-bed, 0-bath, 0.37 ac of land on a 16,080 sq. ft. / 0.37 acres lot.

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 Kestell Company

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.