$330,000

5214 N Belt St, Spokane, WA 99205

1,440 sqft

Multi-Family Home
Built in 1943
6,970sqft lot
2 car garage
$229/sqft
Listed 24 days ago

Property Description

Investment Opportunity: Well-maintained and updated rancher located in a desirable, established neighborhood with convenient walking access to shops, grocery stores, and schools. The property features a fully fenced yard, automatic sprinkler system, and a large detached shop and garage—ideal for storage, hobbies, or additional workspace. The interior offers a functional and comfortable layout that appeals to both owner-occupants and long-term tenants. The home has been consistently cared for and has a proven history of strong rental performance. Currently tenant-occupied and producing $2,100 per month in rental income. The tenant is under lease through September 30, with the lease transferring to the buyer at closing. With over 10 years of successful rental history, this is a turnkey investment offering immediate income and minimal vacancy risk.

Listing Status:: Active
Data Last Updated:: February 28, 2026 at 7:16AM
Listing Office:: Amplify Real Estate Services : 509-999-8987
Listing Agent:: Jeff Thomas : 509-999-8987
MLS ID:: 202611755

Appliances: Free-Standing RangeDishwasherRefrigerator
Basement: FullFinishedLaundry
Flooring: Wood
Heating: ElectricBaseboard
Fireplace: Gas

General: Workshop
Style: Ranch
Parking: DetachedCarportWorkshop in GarageAlley Access

Roofing: Composition
General: One Story

Road/Access: Paved Road
HOA Amenities: None
Originating MLS: sarmls
School District: Spokane Dist 81
County: Spokane

Zoning: 26364.2121
View: Territorial

Source: sarmls

This listing courtesy of Jeff Thomas , Amplify Real Estate Services

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Ridgeview Elementary School

5610 N Maple St, Spokane, WA, 99205

Grades KG-5

0.49 miles away

Glover Middle School

2404 W Longfellow Ave, Spokane, WA, 99205

Grades 6-8

0.55 miles away

Shadle Park High School

4327 N Ash St, Spokane, WA, 99205

Grades 9-12

0.54 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.