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!
Closed
$453,000
2936 E Wabash Ave, Spokane, WA 99217
4beds
4baths
2,280sqft
Multi Family
Built in 1953
-- sqft lot
$454,400 Zestimate®
$199/sqft
$1,445 Estimated rent
Home value
$454,400
$423,000 - $491,000
$1,445/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: September 22, 2025 at 09:25am
Listed by:
Shannon Beckner 509-710-4843,
Coldwell Banker Tomlinson
Source: SMLS,MLS#: 202513783
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
Property
Parking
- Total spaces: 2600
- Parking features: Detached
- Garage spaces: 4
Features
- Levels: One
- Fencing: Fenced Yard
Lot
- Size: 6,534 sqft
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 & neighborhood
Location
- Region: Spokane
Other
Other facts
- Listing terms: FHA,VA Loan,Conventional,Cash
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 9/19/2025 | Sold | $453,000+0.7%$199/sqft |
Source:  SMLS #202513783 | ||
| 9/2/2025 | Pending sale | $450,000$197/sqft |
Source: SMLS #202513783 | ||
| 8/23/2025 | Listed for sale | $450,000$197/sqft |
Source: SMLS #202513783 | ||
| 7/30/2025 | Pending sale | $450,000$197/sqft |
Source: SMLS #202513783 | ||
| 3/26/2025 | Listed for sale | $450,000+12.5%$197/sqft |
Source: SMLS #202513783 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,613 -0.5% | $364,000 -2.8% |
| 2023 | $3,630 +15.7% | $374,600 +16.9% |
| 2022 | $3,137 +38.7% | $320,550 +35.7% |
Find assessor info on the county website
Neighborhood: Hillyard
Nearby schools
GreatSchools rating
- 4/10Regal Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 2/10Shaw Middle SchoolGrades: 6-8Distance: 0.5 mi
- 3/10Rogers High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- Elementary: Regal
- Middle: Shaw
- High: Rogers
- 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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$454,400
2% more+ $9,088
With Zillow Showcase(estimated)
$463,488