5 months on rocket

1224 E Celesta Ave, Spokane, WA, 99202

$475,000

Home List Price

$5,641*

Closing Credit

0 Baths
3,852 SqFt
$123/SqFt
Multi
Schools Nearby

Location

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1224 E Celesta Ave, Spokane$475,000

Buyer Closing Credits

$5,641*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingAttached, Garage Door Opener, Off Site
Attached Garage2 spaces
Year Built1891
HeatingGas, Forced Air
BasementYes
FireplaceGas
MLS #202324472
Lot Size0.29 Acres
StatusActive

About 1224 E Celesta Ave

Incredible duplex investment opportunity in the South Perry District in Spokane that features popular restaurants, breweries, shopping, & coffee shops! The floor plan is great for tenants w/ huge rooms, tons of storage space & quality finishes. Each unit also has its own garage & laundry hookups & is individually metered for electricity & natural gas. Unit A has 2 bedrooms & 1.5 bathrooms w/ a 2 car garage & Unit B has 1 bedroom plus an office, 1 bathroom, & a 1 car garage. This property is also ideal for future development or adding additional units to the oversized 0.29 Acre lot. The RMF zoning allows up to 8 units. There are multiple incentives for investment or redevelopment of this property including the Opportunity Zone, Multi-Family Tax Incentive (MFTE) through the City of Spokane, GFC waiver, & the New Market Tax Credit (NMTC). This is a great opportunity for investors to secure a solid cash flowing investment w/ potential to add more units in the future. Please do not disturb the tenants.

Property Details

Property Features

Property Information:

  • Year Built: 1891
  • Stories: 2
  • Living Area: 3,852 SqFt

Listing Office:

  • Office Name: Home Sales Spokane
  • Office Phone: (509) 822-7123
  • Listing Agent: Joey Duris

Interior Features

Interior Information:

  • Appliances: Range, Refrigerator
  • Basement: Yes
  • Flooring Type: Wood
  • Interior: Utility Room, Wood Floor, Window Bay Bow, Skylight(s)
  • Fireplace: Gas

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Deck, None

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, Garage Door Opener, Off Site

Lot Features

Lot Information:

  • Lot: Rolling/Hilly, Corner Lot
  • Lot Size: 0.29 Acres

Utilities

Utilities Information:

  • Heating: Gas, Forced Air

Other

Directions Information:

  • Directions: From Arthur, head East on Celesta to property on south side of road on corner of Celesta and Denver.

Price Information

Listing Price Info

Price Summary:

  • List Price: $475,000
  • Price Per SqFt: $123/SqFt

Tax Information:

  • Annual Amount: $3,709
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Spokane, WA.

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Spokane, WA

City

Med. Sold Price

$392.5K

Med. Price/SqFt

$201

Avg. Days On Market

24

# of Sold Homes

232

1224 E Celesta Ave vs Spokane

168 DAYS ON ROCKET

+144 Days

$475,000

+$82.4K More

$123/SqFt

-$79 Less

KEY TAKEAWAY

This property is $82.4K more than the Median Sold Price and $79/SqFt less than other homes in Spokane, WA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SARMLS
  • MLS Number: #202324472

Listing Office:

  • Office Name: Home Sales Spokane
  • Office Phone: (509) 822-7123
  • Listing Agent: Joey Duris

IDX Listings courtesy of Spokane Association of REALTORS® MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Broker Reciprocity The data relating to real estate for sale on this web site comes in part from the Spokane Association of REALTORS®. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the SARMLS. Real estate listings held by other brokerage firms are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Copyright 2024 Spokane Association of REALTORS® MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/1/2024, 2:25:20 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$3,709$311,910

History based on county public records data.

Payment Calculator

$2,438

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,491

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4026649
3
/10

  • Grant Elementary School

  • 1300 E 9th Ave

  • 0.27 miles

  • Public District Grades KG-6

school-card-donut-4026650
7
/10

  • Franklin Elementary School

  • 2627 E 17th Ave

  • 1.20 miles

  • Public District Grades PK-6

school-card-donut-4026651
8
/10

  • Hutton Elementary School

  • 908 E 24th Ave

  • 1.28 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $21,977. The most common annual income of people living in Spokane, WA is less than $35k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Washington›Spokane County›Spokane›99202›1224 E Celesta Ave

This home is located at 1224 E Celesta Ave in Spokane, WA and zip code 99202 in the Liberty Park neighborhood. This 3,852 square foot home, which was built in 1891, sits on a 0.29 acre lot. It has been listed on Rocket Homes since November 14, 2023 and is currently priced at $475,000.

While more than 86 listings in Spokane, WA in March 2024 were sold above asking price, there were more than 66 listings sold at asking price, and more than 80 were sold below. The inventory of homes for sale in Spokane, WA between February 2024 and March 2024 increased by 16.4%. In March 2024, listings were on the market for 24 days. During the same period, the median list price in this real estate market was $392,597.

From Rocket Homes Real Estate and based on county public records data.

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