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Pending
  • $988,500

    2516 N Nevada St #2518-2520-2534, Spokane, WA 99207

    45beds
    27baths
    5,850sqft
    : 
    Multi Family
    Built in 1937
    -- sqft lot
    $-- Zestimate®
    $169/sqft
    $-- HOA

    What's special

    Side-by-side buildingsUnique floor planNewer roofs
    INVESTORS should be interested in this 9-UNIT INCOME PROPERTY. Location is everything and this property is one mile or less from Gonzaga University, grocery stores, restaurants, pubs, parks, Centennial Trail, and more. This property consists of three side-by-side buildings, each with 3 units; and each with two 2 bedrooms and 1 bathroom and one 1 bedroom and 1 bathroom configurations. Each unit has its own unique floor plan. Most units have been refreshed with the changeover of tenants. There are three 3-car carports with newer roofs. And in March 2025 all three buildings’ exteriors were refurbished and painted including adding a no-slip surface applied on the painted stairs. All 9 units are occupied. Monthly Gross Rents are $10,215. Owner pays Electricity & Gas ($199/mo); Water, Sewer & Garbage ($707/mo). New property management as of 1/1/25 have had a very positive impact on this property’s operations and profitability. These three buildings may also be sold individually for $333,000 each.
    34 days
    on Zillow
    |
    252
    |
    17
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 28, 2025 at 07:21am

    Listed by:

    Rich King 509-703-8187,

    Keller Williams Spokane - Main

    Source: SMLS,MLS#: 202514751MLS Logo
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 45
    • Bathrooms: 27
    Dining room
    • Description: Kit Eat Sp
    Heating
    • Electric, Baseboard
    Appliances
    • Included: Free-Standing Range, Dishwasher, Refrigerator
    Features
    • Windows: Windows Vinyl, Multi Pane Windows
    • Basement: Partial
    • Has fireplace: No
    Interior area
    • Total structure area: 5,850
    • Total interior livable area: 5,850 sqft

    Property

    Parking
    • Total spaces: 9
    • Parking features: Carport, Off Site
    • Has carport: Yes
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 0.46 Acres
    • Features: Sprinkler - Automatic, Level, Corner Lot, Oversized Lot
    Details
    • Additional parcels included: 35081.4315 / 35081.4316
    • Parcel number: 35081.4314

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Contemporary
    • Property subtype: Multi Family
    Materials
    • Wood Siding
    • Roof: Composition
    Condition
    • Year built: 1937

    Community & HOA

    HOA
    • Amenities included: Laundry
    Location
    • Region: Spokane

    Financial & listing details

    • Price per square foot: $169/sqft
    • Annual tax amount: $9,344
    • Date on market: 4/10/2025
    • Listing terms: Conventional,Cash
    • Road surface type: Paved
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