2327 29th

Spokane, WA 99223

$685,000

Active

Offered at

$685,000

Bedrooms

0

Bathrooms

3,516

Square Feet

1

Story

Your Land

๐Ÿš—

0.21

acres

That's roughly 51 parking spaces

Classic

1978

Crafted in an era of enduring quality

Timeless design, built to last

Imagine Living Here

Host & Gather

Make memories with the people you love

  • Spacious entertaining areas

The Story

"SVN Cornerstone is pleased to present the 29th Ave Fourplex for sale located at 2327 E 29th Ave in Spokane's desirable Rockwood neighborhood. The property consists of four residential units and features numerous recent improvements, including new LVP flooring in three units, updated kitchen cabinets in two units, in unit laundry in two units, and enhanced landscaping. The property offers investors a well maintained asset in one of Spokane's most established neighborhoods with strong rental demand and excellent long term investment potential. Lower down payments, longer amortization periods, and faster closings compared to typical commercial loans. One month to month lease creates the potential for owner occupied financing with as little as 5% down, subject to providing proper notice and lender occupancy requirements. Desirable Rockwood neighborhood near Manito Park, shopping, dining, downtown Spokane, and major employers. Recent Updates and Proven Rental Upside"

Heating

Furnace + Electric

Located In

Spokane

Spokane

Location

2327 29th, Spokane, WA

Directions: From I-90, take exit 283B south on Freya St to 29th Ave. Turn right (west) on 29th; property is on the right near Crestline St.

Full Details

-

Bedrooms

-

Bathrooms

3,516

Sq Ft

1978

Year Built

Down Payment20% ($137,000)
Interest Rate6.875%
Loan Term
Principal & Interest$3,600
Property Tax$360
Insurance$200

Estimates only. Actual rates may vary.

Property Insights

Price per Sq Ft

$195

Below regional average

Property Age

48 years

๐Ÿ›๏ธ Classic โ€” Solid craftsmanship era

Building Coverage

38.4%

Efficient use of land

Quick Facts

Property Type
Residential Income
Subtype
Multi Family
Lot Size
0.21 ac
Subdivision
Spokane
School District
Other
MLS Area
Washington Counties
Basement
Yes
HOA
No
Taxes
$6,947/yr (2024)
Zoning
RMF
Parcel #
35284.0184
Days on Market
3
MLS #
26-7734

Listing Provided By

SVN Cornerstone Commercial

Jordan Lester

Ready to see this home?

or call (208) 425-7653

Finding visually similar properties...

Finding similar homes...