Bought with Jon Ehrlich
$200,000
$324,000
38.3%For more information regarding the value of a property, please contact us for a free consultation.
1116-1118 E Nebraska Ave Spokane, WA 99208
1,684 SqFt
Key Details
Sold Price $200,000
Property Type Multi-Family
Sub Type Rental
Listing Status Sold
Purchase Type For Sale
Square Footage 1,684 sqft
Price per Sqft $118
MLS Listing ID 202519259
Sold Date 10/08/25
Style Other
Year Built 1979
Annual Tax Amount $2,582
Lot Size 6,098 Sqft
Lot Dimensions 0.14
Property Sub-Type Rental
Property Description
This one-story, side-by-side duplex offers two, 2 bed / 1 bath units, each with 842 sq ft of functional living space and in-unit washer/dryer hookups. Both units are currently rented at market value to reliable, long-term tenants, providing consistent income from day one. List price reflects the recent appraisal value. The interiors are dated but fully functional, and the property is in overall satisfactory condition. Each unit includes a private deck, and the lot is fully fenced- offering privacy and outdoor space for tenants. A detached 3-car carport in the rear provides off-street parking. While the exterior could use cosmetic improvements, the property presents clear potential to add value over time through interior and exterior upgrades- all while benefiting from stable cash flow from day one. A solid addition to any long-term portfolio.
Location
State WA
County Spokane
Rooms
Basement Crawl Space, None
Interior
Interior Features Alum Wn Fr
Heating Natural Gas, Forced Air
Cooling Window Unit(s)
Appliance Free-Standing Range, Dishwasher, Refrigerator, Hard Surface Counters
Exterior
Parking Features Detached, Carport, Alley Access
Carport Spaces 2
Amenities Available None
View Y/N true
View City
Roof Type Composition
Building
Lot Description Fencing, Treed
Story 1
Architectural Style Other
Structure Type Siding
Schools
Elementary Schools Whitman Elem
Middle Schools Garry Middle School
High Schools Rogers
School District Spokane Dist 81
Others
Acceptable Financing Conventional, Cash, Commercial
Listing Terms Conventional, Cash, Commercial
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