7 months on rocket

802 E 5th Ave, Spokane, WA, 99202

$600,000

Home List Price

$7,125*

Closing Credit

0 Baths
3,270 SqFt
$183/SqFt
Multi
Schools Nearby

Location

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802 E 5th Ave, Spokane$600,000

Buyer Closing Credits

$7,125*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingOff Site, None
Year Built1900
HeatingGas, Forced Air
BasementYes
ViewCity
MLS #202322632
Lot Size0.21 Acres
StatusActive

About 802 E 5th Ave

INCREDIBLE INCOME POTENTIAL WITH THIS FOUR PLEX, ALL UNITS WITH LONG TERM STEADY & CONSISTENT TENANTS. THE PARCEL NEXT DOOR IS ALSO AVAILABLE WITH PLANS FOR A 12 UNIT APARTMENT! THIS FOUR PLEX WITH 3 RENTED UNITS & 1 RENTED COMMERCIAL/RESIDENTIAL OFFICE LOCATED IN THE HEART OF SPOKANE OFFERS EXCELLENT OPPORTUNITY FOR THE DISCERNING INVESTOR. YOU CAN OWNER OCCUPY & RENT 3-UNITS TO COVER YOUR MTG PAYMENT OR RENT ALL FOUR UNITS! THIS IS A MUST SEE & RARE OPPORTUNITY WITH THE ADJOINING PARCEL ALSO AVAILABLE! PLEASE DO NOT DISTURB TENANTS! NO SIGN AT PROPERTY. THIS PROPERTY IS IN THE OPPORTUNITY FEDERAL TAX ZONE!

Property Details

Property Features

Property Information:

  • Architectural Style: Craftsman
  • Year Built: 1900
  • Stories: 2
  • Living Area: 3,270 SqFt

Listing Office:

  • Office Name: Kestell Company
  • Office Phone: (509) 838-2002
  • Listing Agent: Carrie Meyer

Interior Features

Interior Information:

  • Appliances: Range, Refrigerator
  • Basement: Yes

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: City
  • Exterior: None

Parking Information:

  • Attached Garage: No
  • Parking: Off Site, None

Lot Features

Lot Information:

  • Lot: Level, Corner Lot
  • Lot Size: 0.21 Acres

Utilities

Utilities Information:

  • Heating: Gas, Forced Air

Other

Directions Information:

  • Directions: GPS IS ACCURATE. UNIT IS EAST OF SHERMAN ON 5TH AVENUE.

Price Information

Listing Price Info

Price Summary:

  • List Price: $600,000
  • Price Per SqFt: $183/SqFt

Tax Information:

  • Annual Amount: $2,201
  • 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

802 E 5th Ave vs Spokane

215 DAYS ON ROCKET

+191 Days

$600,000

+$207.4K More

$183/SqFt

-$19 Less

KEY TAKEAWAY

This property is $207.4K more than the Median Sold Price and $19/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: #202322632

Listing Office:

  • Office Name: Kestell Company
  • Office Phone: (509) 838-2002
  • Listing Agent: Carrie Meyer

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, 7:25:20 PM 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$2,201$184,700

History based on county public records data.

Payment Calculator

$3,062

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,865

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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-4335073
3
/10

  • Grant Elementary School

  • 1300 E 9th Ave

  • 0.50 miles

  • Public District Grades KG-6

school-card-donut-4335074
6
/10

  • Roosevelt Elementary School

  • 333 W 14th Ave

  • 1.04 miles

  • Public District Grades PK-6

school-card-donut-4335075
8
/10

  • Hutton Elementary School

  • 908 E 24th Ave

  • 1.34 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 $37,713. The majority of Spokane, WA residents have income less than $35k annually. 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›802 E 5th Ave

This home is located at 802 E 5th Ave in Spokane, WA and zip code 99202 in the East Central neighborhood. This 3,270 square foot home, which was built in 1900, sits on a 0.21 acre lot. It has been listed on Rocket Homes since September 29, 2023 and is currently priced at $600,000.

In March 2024 more than 86 listings in Spokane, WA were sold above the asking price. During the same period more than 66 listings were sold at asking price, while more than 80 were sold below. The number of homes for sale in Spokane, WA increased by 16.4% between February 2024 and March 2024. 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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