17 days on rocket

7311 E 6th Ave, Spokane Valley, WA, 99212

$650,000

Home List Price

$7,719*

Closing Credit

0 Baths
5,484 SqFt
$119/SqFt
Multi
Schools Nearby

Location

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7311 E 6th Ave, Spokane Valley$650,000

Buyer Closing Credits

$7,719*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingCarport, Off Site, Alley Access
Year Built1956
HeatingGas, Electric, Forced Air
BasementYes
ViewPark
MLS #202415513
Lot Size0.42 Acres
StatusActive

About 7311 E 6th Ave

Great cash flowing 6 unit apartment located across the street from Edgecliff Park in Spokane Valley, WA. Apartments are in good shape and need very little to maintain. Tenants love living here with all the amenities this apartment has to offer and the units maintain low vacancy rates. There are 4 ground level units (three 1 bed / 1 bath units) and (one 2 bed / 1 bath unit) with an additional 1 bedroom / 1 bathroom unit in the basement that needs finishing. The sixth unit is a a separate adorable studio cottage unit with a long term tenant. Each of the units has separately metered forced gas air heat and common area laundry in the basement. There's ample off street parking from the alley, 5 additional carports, and a nice patio area out back for entertaining. Lots of upside and potential with this building. Good rental history with upside in rents. Schedule your showing today!

Property Details

Property Features

Property Information:

  • Architectural Style: Rancher
  • Year Built: 1956
  • Living Area: 5,484 SqFt

Listing Office:

  • Office Name: Extant Realty
  • Office Phone: (509) 258-5000
  • Listing Agent: Lawrence Wilson

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Exterior Information:

  • View: Park
  • Exterior: Storage

Parking Information:

  • Attached Garage: No
  • Parking: Carport, Off Site, Alley Access

Lot Features

Lot Information:

  • Lot Size: 0.42 Acres

Utilities

Utilities Information:

  • Heating: Gas, Electric, Forced Air

Other

Directions Information:

  • Directions: GPS will get you there

Price Information

Listing Price Info

Price Summary:

  • List Price: $650,000
  • Price Per SqFt: $119/SqFt
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Housing Market Comparison

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

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Spokane Valley, WA

City

Med. Sold Price

$417.6K

Med. Price/SqFt

$207

Avg. Days On Market

29

# of Sold Homes

88

7311 E 6th Ave vs Spokane Valley

17 DAYS ON ROCKET

-12 Days

$650,000

+$232.3K More

$119/SqFt

-$89 Less

KEY TAKEAWAY

This property is $232.3K more than the Median Sold Price and $89/SqFt less than other homes in Spokane Valley, WA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SARMLS
  • MLS Number: #202415513

Listing Office:

  • Office Name: Extant Realty
  • Office Phone: (509) 258-5000
  • Listing Agent: Lawrence Wilson

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: 5/20/2024, 2:55:37 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$3,312

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,015

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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-4167016
4
/10

  • Seth Woodard Elementary School

  • 7401 E Mission Ave

  • 1.38 miles

  • Public District Grades KG-6

school-card-donut-4167017
2
/10

  • University Elementary School

  • 1613 S University Rd

  • 2.21 miles

  • Public District Grades PK-5

school-card-donut-4167018
2
/10

  • Sheridan Elementary School

  • 3737 E 5th Ave

  • 2.30 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,382. The majority of Spokane Valley, WA residents have income between $35k-100k annually. Typical family type is 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 Valley›99212›7311 E 6th Ave

This home is located at 7311 E 6th Ave in Spokane Valley, WA and zip code 99212 in the Empire Heights neighborhood. This 5,484 square foot home, which was built in 1956, sits on a 0.42 acre lot. It has been listed on Rocket Homes since May 02, 2024 and is currently priced at $650,000.

Spokane Valley, WA housing market in April 2024 saw over 37 listings sold above listed price, more than 25 sold at listed price and over 26 sold below. The number of homes for sale in Spokane Valley, WA increased by 24.4% between March 2024 and April 2024. Listings spent 29 days on the market in April 2024, and had a median list price of $417,654 during the same period.

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

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