$445,000

1432 W 7th Ave, Spokane, WA 99204

  • 2,660 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1910
  • Property Lot Size Icon6,970sqft lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $167/sqft
  • Property List Date Icon Listed 4 months ago

Property Description

4-PLEX in CANNON HILL! The unit count comprises of 2-One Bedroom, and 2-Studio apartments, creating an investment opportunity for owner-occupied financing; AND through the Spokane Historic Preservation Office, qualifies for the Special Valuation Tax Incentive.  Projected 6.5% - 7% untrended cap rate.  Permitted from residence to apartments in conjunction with the Federal Government to provide housing for troops returning from WWII. 3-D tour available on Zillow.  Not only is this an unbeatable location near parks, bluff trails, South Hill and Downtown amenities, it’s a great addition to any investment portfolio!

Listing Status:
Active
Data Last Updated:
February 28, 2026 at 7:16AM
Listing Office:
CENTURY 21 Beutler & Associates : 206-919-2161
Listing Agent:
Amber Rae Durkoop : 206-919-2161
MLS ID:
202526141
  • General: Hot WaterSmart ThermostatNatural Woodwork
  • Appliances: Free-Standing RangeRefrigeratorWasherDryer
  • Basement: PartialUnfinishedLaundry
  • Flooring: Wood
  • Heating: Natural GasHot Water
  • General: See Remarks
  • Style: Craftsman
  • Parking: AttachedDetachedUndergroundAlley AccessParking spaces: 2650
  • Roofing: Composition
  • Windows: Bay Window(s)Wood Frames
  • General: Two Story
  • Road/Access: City StreetPaved Road
  • HOA Amenities: LaundryGas
  • Originating MLS: sarmls
  • School District: Spokane Dist 81
  • County: Spokane
  • Zoning: 25244.3207
  • View: City
  • Source: sarmls

This listing courtesy of Amber Rae Durkoop , CENTURY 21 Beutler & Associates

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

R

Roosevelt Elementary School

333 W 14th Ave, Spokane, WA, 99204

Grades PK-5

1.03 miles away

S

Shrine Hospital

911 W 5th Ave, Spokane, WA, 99204

Grades PK-12

0.39 miles away

L

Lewis & Clark High School

521 W 4th Ave, Spokane, WA, 99204

Grades 9-12

0.65 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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