3 months on rocket

7314 E E 7th Ave, Spokane Valley, WA, 99212

$699,900

Home List Price

$8,311*

Closing Credit

0 Baths
2,984 SqFt
$235/SqFt
Multi
Schools Nearby

Location

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7314 E E 7th Ave, Spokane Valley$699,900

Buyer Closing Credits

$8,311*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOff Site
Year Built1942
HeatingGas, Forced Air
MLS #202411236
Lot Size0.35 Acres
StatusActive

About 7314 E E 7th Ave

Investors check this out! 4-units in two separate side-by-side duplex buildings on 1 lot right next to Edgecliff Park in Spokane Valley. Fully rented with room to increase rents. All units are 2 bed / 1 bath with their own washer/dryer and a comfortable layout. Two residences have a bonus 3rd room which could be used as office space, additional family room or possibly extra bedroom. Plenty of off street parking & individual storage units. There's a courtyard between the buildings, located on a dead-end street directly adjacent to a quiet park and some newer constructed duplexes & single family homes. Don't miss out on this opportunity.

Property Details

Property Features

Property Information:

  • Architectural Style: Rancher
  • Year Built: 1942
  • Stories: 1
  • Living Area: 2,984 SqFt

Listing Office:

  • Office Name: Keller Williams Spokane - Main
  • Office Phone: (509) 458-4000
  • Listing Agent: Lee Arnold

Interior Features

Interior Information:

  • Appliances: Range
  • Basement: No
  • Interior: Windows Wood

Exterior Features

Exterior Information:

  • Exterior: Storage

Parking Information:

  • Parking: Off Site

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.35 Acres

Utilities

Utilities Information:

  • Heating: Gas, Forced Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $699,900
  • Price Per SqFt: $235/SqFt
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Housing Market Comparison

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

Med. Sold Price

$417.6K

Med. Price/SqFt

$207

Avg. Days On Market

29

# of Sold Homes

88

7314 E E 7th Ave vs Spokane Valley

92 DAYS ON ROCKET

+63 Days

$699,900

+$282.2K More

$235/SqFt

+$27 More

KEY TAKEAWAY

This property is $282.2K more than the Median Sold Price and $27/SqFt more 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: #202411236

Listing Office:

  • Office Name: Keller Williams Spokane - Main
  • Office Phone: (509) 458-4000
  • Listing Agent: Lee Arnold

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: 5/3/2024, 6:10:37 PM 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

$3,561

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,165

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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-5523439
5
/10
  • Seth Woodard Elementary School

  • 7401 E Mission Ave

  • 1.46 miles

  • Public District Grades KG-6

school-card-donut-5523440
6
/10
  • Ness Elementary School

  • 9612 E Cataldo Ave

  • 1.79 miles

  • Public District Grades KG-5

school-card-donut-5523441
4
/10
  • University Elementary School

  • 1613 S University Rd

  • 2.18 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,382. The most common annual income of people living in Spokane Valley, WA is between $35k-100k. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas


Rocket HomesWashingtonSpokane CountySpokane Valley992127314 E E 7th Ave

This home is located at 7314 E E 7th Ave in Spokane Valley, WA and zip code 99212 in the Mountain Home neighborhood. This 2,984 square foot home, which was built in 1942, sits on a 0.35 acre lot. It has been listed on Rocket Homes since February 01, 2024 and is currently priced at $699,900.

While more than 37 listings in Spokane Valley, WA in April 2024 were sold above asking price, there were more than 25 listings sold at asking price, and more than 26 were 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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