7 months on rocket

812 E 5th Ave, Spokane, WA, 99202

$450,000

0.37 Acres
Land
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeVacant Land
ViewCity
MLS #202322634
Lot Size0.37 Acres
StatusActive

About 812 E 5th Ave

Incredible Income Investment Property! This rare raw land is read to be developed, can go SFR or Multi-Family with Engineered and approved plans for a 12 Unit Apartment Complex Included (a $125,000 Value), or seek approval for up to a 24 unit complex With The New Zoning Rules! 4-Plex Next Door is Also Available to Expand Your Investment Opportunity. Don't Miss this Rare Opportunity For Investment Property In The Heart of Spokane, Close to Everything Including Bus Routes! This Property Is In The Opportunity Federal Tax Zone for extra benefits to the investor.

Property Details

Property Features

Listing Office:

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

Exterior Features

Exterior Information:

  • View: City

Lot Features

Lot Information:

  • Lot: Level, Open Lot, Oversized Lot
  • Lot Size: 0.37 Acres

Other

Directions Information:

  • Directions: GPS IS ACCURATE. JUST EAST OF SHERMAN ON 5TH AVENUE SIGN ON STREET.

Price Information

Listing Price Info

Price Summary:

  • List Price: $450,000

Tax Information:

  • Annual Amount: $1,463
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$394.7K

Med. Price/SqFt

$202

Avg. Days On Market

24

# of Sold Homes

273

812 E 5th Ave vs Spokane

217 DAYS ON ROCKET

+193 Days

$450,000

+$55.2K More

KEY TAKEAWAY

This property is $55.2K more than the Median Sold Price in Spokane, WA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SARMLS
  • MLS Number: #202322634

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: 5/4/2024, 1:10:33 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$1,463$122,410

History based on county public records data.

Payment Calculator

$2,313

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,416

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NMLS#3030

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-5676162
3
/10
  • Grant Elementary School

  • 1300 E 9th Ave

  • 0.48 miles

  • Public District Grades KG-6

school-card-donut-5676163
6
/10
  • Roosevelt Elementary School

  • 333 W 14th Ave

  • 1.05 miles

  • Public District Grades PK-6

school-card-donut-5676164
8
/10
  • Hutton Elementary School

  • 908 E 24th Ave

  • 1.32 miles

  • Public District Grades KG-6

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 most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 812 E 5th Ave

What is the listing price of this property?

The listing price of 812 E 5th Ave property is $450,000.

What type of property is this?

The property 812 E 5th Ave is land located in Spokane, Washington, 99202.

Is this property for sale now?

Active Listing: 812 E 5th Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,463 (source: MLS/based on county public records data).

How much acreage is this property?

The property 812 E 5th Ave is 0.37 acres.
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Rocket HomesWashingtonSpokane CountySpokane99202812 E 5th Ave

This home is located at 812 E 5th Ave in Spokane, WA and zip code 99202 in the East Central neighborhood. This home sits on a 0.37 acre lot. It has been listed on Rocket Homes since September 30, 2023 and is currently priced at $450,000.

Spokane, WA housing market in April 2024 saw over 92 listings sold above listed price, more than 89 sold at listed price and over 92 sold below. In April 2024 in Spokane, WA there were 23.6% more homes for sale than in March 2024. In April 2024, listings were on the market for 24 days. During the same period, the median list price in this real estate market was $394,739.

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

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