Incredible Investor Opportunity! Over .6 acres zoned R-4 in the Spokane Valley with an existing single family rental home that is currently occupied and paying rent. R-4 zoning allows for 10 units per acre giving an investor the possibility of building townhomes or even cottage housing, The rental home in the front offers an incredible amount of opportunity for developers. Keep the home in front generating income while building in the back or remove the home and develop the entire lot. You can even develop in phases keeping income from the rental home with plans to develop the front of the lot in the future. Located a block away from the elementary school, minutes from both Millwood and I-90, this is an investors dream. Do not disturb tenants. Showings with mutually accepted offer only.
Closed
$312,000
9810 E Broadway Ave, Spokane, WA 99206
4beds
2baths
1,656sqft
Multi Family
Built in 1946
-- sqft lot
$264,000 Zestimate®
$188/sqft
$1,267 Estimated rent
Home value
$264,000
$222,000 - $306,000
$1,267/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: August 16, 2024 at 05:00pm
Listed by:
Jessica Side 509-703-4004,
Realty One Group Eclipse,
Matt Side 509-220-3961,
Realty One Group Eclipse
Source: SMLS,MLS#: 202413267
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Dining room
- Description: Kit Eat Sp
Heating
- Natural Gas, Forced Air
Features
- Flooring: Wood
- Basement: Full,Partially Finished
- Has fireplace: No
Interior area
- Total structure area: 1,656
- Total interior livable area: 1,656 sqft
Property
Parking
- Total spaces: 485
- Parking features: Detached, RV Access/Parking, Off Site
- Garage spaces: 1
Features
- Levels: One and One Half
- Stories: 1
- Fencing: Fenced Yard,Fenced
Lot
- Size: 0.61 Acres
- Features: Level, Oversized Lot
Details
- Parcel number: 45173.0106
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Bungalow
- Property subtype: Multi Family
Materials
- Vinyl Siding, Wood Siding
- Roof: Composition
Condition
- Year built: 1946
Community & neighborhood
Location
- Region: Spokane
Other
Other facts
- Listing terms: Conventional,Cash,Owner Financing
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 5/16/2024 | Sold | $312,000-10.9%$188/sqft |
Source:  SMLS #202413267 | ||
| 4/11/2024 | Pending sale | $350,000$211/sqft |
Source: SMLS #202413268 | ||
| 4/5/2024 | Listed for sale | $350,000$211/sqft |
Source: SMLS #202413267 | ||
| 3/28/2024 | Pending sale | $350,000$211/sqft |
Source: SMLS #202413267 | ||
| 3/22/2024 | Listed for sale | $350,000+253.5%$211/sqft |
Source: SMLS #202413267 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,450 -4% | $232,600 -5.3% |
| 2023 | $2,552 +2.3% | $245,600 |
| 2022 | $2,495 +15.6% | $245,600 +31.8% |
Find assessor info on the county website
Neighborhood: 99206
Nearby schools
GreatSchools rating
- 7/10Ness Elementary SchoolGrades: 1-5Distance: 0.2 mi
- 4/10Centennial Middle SchoolGrades: 6-8Distance: 1.3 mi
- 6/10West Valley High SchoolGrades: 9-12Distance: 1.6 mi
Schools provided by the listing agent
- Elementary: Arthur B Ness
- Middle: Centennial
- High: West Valley
- District: West Valley
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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Get a free Zillow Showcase℠ listing and you could sell for .
$264,000
2% more+ $5,280
With Zillow Showcase(estimated)
$269,280