6-Bedroom, 2-Bathroom SRO Investment Property – High Cash Flow Opportunity! Well-maintained and income-generating Single Room Occupancy (SRO) property featuring 6 private bedrooms and 2 shared bathrooms. This single-family home is rented by the room, generating a gross monthly income of $4300.00! An SRO (Single Room Occupancy) model provides tenants with private rooms while sharing common areas such as the kitchen, bathrooms, and living spaces, making this a popular and affordable housing option. Investor Highlights: - All tenants on flexible month-to-month leases - Potential for increased cash flow and rental growth - Privately managed and well-maintained property This property is available for purchase individually or as part of a larger, high-performing rental portfolio, available at a discounted package rate. Call or Text the listing agent today to schedule a tour or request more information about this unique investment opportunity!
Active
$425,000
2823 W Sharp Ave, Spokane, WA 99201
6beds
2baths
2,174sqft
Est.:
Multi Family
Built in 1902
-- sqft lot
$418,400 Zestimate®
$195/sqft
$-- HOA
What's special
- 133 days |
- 201 |
- 8 |
Zillow last checked: 8 hours ago
Listing updated: August 07, 2025 at 12:24am
Listed by:
Brendan Hollenbaugh Main:(509)999-8507,
Amplify Real Estate Services
Source: SMLS,MLS#: 202521524
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
Dining room
- Description: Informal
Family room
- Description: 1st Flr
Heating
- Natural Gas, Forced Air, Hot Water
Appliances
- Included: Free-Standing Range, Dishwasher, Refrigerator, Washer, Dryer
Features
- Basement: Partial,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 2,174
- Total interior livable area: 2,174 sqft
Property
Parking
- Parking features: Off Site, Alley Access
Features
- Levels: One and One Half
- Fencing: Fenced
- Has view: Yes
- View description: City
Lot
- Size: 4,791.6 Square Feet
- Features: Level, Near Public Transit
Details
- Parcel number: 25132.2329
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Craftsman
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Roof: Composition
Condition
- Year built: 1902
Community & HOA
HOA
- Amenities included: Deck, Gas, See Remarks
Location
- Region: Spokane
Financial & listing details
- Price per square foot: $195/sqft
- Tax assessed value: $351,500
- Annual tax amount: $3,489
- Date on market: 7/31/2025
- Listing terms: Conventional,Cash,Commercial
Estimated market value
$418,400
$397,000 - $439,000
$1,498/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 7/31/2025 | Listed for sale | $425,000+13.3%$195/sqft |
Source:  SMLS #202521523 Report a problem | ||
| 7/18/2022 | Sold | $375,000-11.8%$172/sqft |
Source: SMLS #202210277 Report a problem | ||
| 4/20/2022 | Pending sale | $425,000$195/sqft |
Source: SMLS #202210277 Report a problem | ||
| 3/18/2022 | Price change | $425,000-5.6%$195/sqft |
Source: SMLS #202210277 Report a problem | ||
| 1/11/2022 | Listed for sale | $450,000+246.2%$207/sqft |
Source: SMLS #202210277 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,489 +7% | $351,500 +4.5% |
| 2023 | $3,262 +31.8% | $336,500 +33.2% |
| 2022 | $2,475 +60.6% | $252,600 +69.3% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,488/mo
Principal & interest
$2045
Property taxes
$294
Home insurance
$149
Climate risks
Neighborhood: West Central
Nearby schools
GreatSchools rating
- 3/10Holmes Elementary SchoolGrades: PK-5Distance: 0.1 mi
- 5/10North Central High SchoolGrades: 6-12Distance: 1.6 mi
- 3/10Denny Yasuhara Middle SchoolGrades: 6-8Distance: 3.1 mi
Schools provided by the listing agent
- Elementary: Holmes
- Middle: Yasuhara
- High: North Central
- District: Spokane Dist 81
Source: SMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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