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  • $345,000

    503 S McKinnon Rd, Spokane, WA 99212

    4beds
    2baths
    1,370sqft
    Multi Family
    Built in 1945
    -- sqft lot
    $427,400 Zestimate®
    $252/sqft
    $1,794 Estimated rent

    Home value

    $427,400

    $406,000 - $449,000

    $1,794/mo

    Zestimate® history
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    $2,012/mo

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    $2,012/mo

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    What's special

    Close your eyes and visualize your dreams in this spacious property which may offer you a fantastic opportunity for rental income/ development. Situated on nearly 1 acre of land, the property features a 4-bedroom, 2-bathroom home and is in a convenient, central location. With the added advantage of three stubbed sewer lines, this land is primed to be a great development opportunity, making it an ideal investment! The property is located in a multi-family zoned location and the county has approved it for 19 apartments. Looking to expand your portfolio or create a multi-unit rental property, the groundwork has already been laid. Adjacent to numerous businesses, retail, dining, schools, and is a very easy drive to the freeway. Don't miss your opportunity! The Dirt is in the process of being removed.

    Zillow last checked: 8 hours ago

    Listing updated: August 28, 2025 at 04:03pm

    Listed by:

    Jelena Uzelac Main:(509)844-7677,

    Keller Williams Spokane - Main,

    Debbie Battaglia 509-290-8912,

    Keller Williams Spokane - Main

    Source: SMLS,MLS#: 202516091MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    Primary bedroom
    • Description: 1st Flr
    Dining room
    • Description: Informal
    Family room
    • Description: Outside Ent,1st Flr
    Heating
    • Natural Gas, Electric, Forced Air
    Appliances
    • Included: Free-Standing Range, Refrigerator
    Features
    • Natural Woodwork
    • Flooring: Wood
    • Windows: Aluminum Frames, Windows Vinyl, Wood Frames
    • Basement: Partial,Partially Finished,Walk-Out Access
    • Has fireplace: Yes
    • Fireplace features: Pellet Stove
    Interior area
    • Total structure area: 1,370
    • Total interior livable area: 1,370 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached, RV Access/Parking, Off Site
    • Garage spaces: 1
    • Carport spaces: 1
    • Covered spaces: 2
    Features
    • Levels: One and One Half
    • Stories: 2
    Lot
    • Size: 0.93 Acres
    • Features: Sprinkler - Automatic, Level, Open Lot, Oversized Lot
    Details
    • Additional structures: Shed(s)
    • Parcel number: 35231.1436

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Ranch
    • Property subtype: Multi Family
    Materials
    • Block, Wood Siding
    • Roof: Composition
    Condition
    • Year built: 1945

    Community & neighborhood

    Location
    • Region: Spokane
    • Subdivision: Eastwood

    Other

    Other facts
    • Listing terms: Conventional,Cash
    • Road surface type: Paved

    Price history

    DateEventPrice
    8/28/2025Sold$345,000-21.6%$252/sqft
    Source: SMLS #202516091 Report a problem
    8/13/2025Pending sale$440,000$321/sqft
    Source: SMLS #202516091 Report a problem
    5/2/2025Listed for sale$440,000-2.2%$321/sqft
    Source: SMLS #202516091 Report a problem
    4/16/2025Listing removed$450,000$328/sqft
    Source: SMLS #202510887 Report a problem
    2/11/2025Listed for sale$450,000$328/sqft
    Source: SMLS #202510887 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$4,276 -1.1%$345,800 -4.8%
    2023$4,325 +1.8%$363,200
    2022$4,247 +35.4%$363,200 +56.4%

    Find assessor info on the county website

    Neighborhood: 99212

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Sheridan
    • Middle: Chase
    • High: Ferris
    • 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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