This fourplex is a fantastic investment opportunity, generating $4,135 in gross monthly rents. Conveniently situated near shops, restaurants, and public transportation, it offers both tenants and investors an ideal location. Each of the four 1-bedroom, 1-bath units has been updated with improvements such as refreshed flooring, countertops, and interior paint. The property also features a fenced backyard, on-site shared laundry, and garage space available at an extra charge for additional storage. Recent upgrades include brand-new roofs on both the fourplex and garage in 2023. Three of the units are currently occupied under annual leases, ensuring steady rental income. Don’t miss this turnkey investment with strong rental demand!
Active under contract
$450,000
2936 E Wabash Ave, Spokane, WA 99217
4beds
4baths
2,280sqft
Est.:
Multi Family
Built in 1953
-- sqft lot
$-- Zestimate®
$197/sqft
$-- HOA
What's special
Brand-new roofsInterior paintFenced backyardRefreshed flooring
- 37 days
- on Zillow |
- 451 |
- 21 |
Zillow last checked: 7 hours ago
Listing updated: April 11, 2025 at 02:47pm
Listed by:
Shannon Beckner 509-710-4843,
Coldwell Banker Tomlinson
Source: SMLS,MLS#: 202513783

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Natural Gas, Forced Air
Appliances
- Included: Free-Standing Range, Refrigerator
- Laundry: In Basement
Features
- Basement: Full,Finished,Walk-Out Access
- Has fireplace: No
Interior area
- Total structure area: 2,280
- Total interior livable area: 2,280 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2600
- Parking features: Detached
- Garage spaces: 4
Features
- Levels: One
- Fencing: Fenced Yard
Lot
- Size: 6,534 Square Feet
Details
- Parcel number: 36343.2801
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Roof: Composition
Condition
- Year built: 1953
Community & HOA
HOA
- Amenities included: Gas, Laundry, Storage, See Remarks
Location
- Region: Spokane
Financial & listing details
- Price per square foot: $197/sqft
- Tax assessed value: $364,000
- Annual tax amount: $3,613
- Date on market: 3/26/2025
- Listing terms: FHA,VA Loan,Conventional,Cash
- Road surface type: Paved
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