1509 West 6th Avenue, Unit 1511 1515 1517 1519

Spokane, WA 99204

$699,900
Price
4
Beds
5
Baths
20,200 Sq. Ft.
$35 / Sq. Ft.
20,200
Sq. Ft.
$35
per Sq. Ft.

Description

Property back due to failed buyer financing. No fault of seller. Appraisal 30 days ago at 720k. Truly once in a lifetime investor opportunity first time on the market! This small cottage community has been owned and well cared for by one family for the last 2 generations. 5 unique dwellings and 10 garages with alley access create countless investment possibilities. Many tenants have been here for 10 years or more making rents far below market value while the buildings themselves are remarkably well...Property back due to failed buyer financing. No fault of seller. Appraisal 30 days ago at 720k. Truly once in a lifetime investor opportunity first time on the market! This small cottage community has been owned and well cared for by one family for the last 2 generations. 5 unique dwellings and 10 garages with alley access create countless investment possibilities. Many tenants have been here for 10 years or more making rents far below market value while the buildings themselves are remarkably well taken care of inside and out. 4 homes are large 1bd units with the 5th unit being a spacious 2/1 with potential for expansion in the unfinished basement. Keep the property as is or create your downtown development dream sky's the limit with this very flexibly zoned location.
  1. Listed by Hunter Mackay • eXp Realty, LLC
  2. Listed by April Moore • eXp Realty, LLC

Property Details for 1509 West 6th Avenue, Unit 1511 1515 1517 1519

Parking Features
Detached, Alley Access
Architectural Style
Other
LISTING UPDATED: 12/19/2024 07:23 PM

Property Details for 1509 West 6th Avenue, Unit 1511 1515 1517 1519

StatusPending - Inspection
MLS #202421145
Days on Market41
Taxes$5,574 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Rental
Year Built1940
Lot Size0.46 AC / 20,200 SF
CountySpokane County

Building Information for 1509 West 6th Avenue, Unit 1511 1515 1517 1519

Building/Complex1509 W 6th AveFloor-Stories1Residences5Pet Policy-Pet Policy Details-Year Built1940Building Size-

Property Information for 1509 West 6th Avenue, Unit 1511 1515 1517 1519

Summary
Location and General Information
  • County Or Parish: Spokane
  • Longitude: -117.43
  • Directions: Going south on Maple through downtown turn left on 6th. Property is on the right hand side. Apple / Google Maps directions are accurate.
  • Class: Rental Income
  • Latitude: 47.65
Taxes and HOA
  • Tax Annual Amount: $5,573.90
  • Parcel Number: 25241.5306
Parking
  • Garage Spaces: 10.00
School Information
  • Middle Or Junior School: Sacajawea
Property
Lot Information
  • Lot Features: Sprinkler - Automatic, Open Lot, City Bus (w/in 6 blks), Oversized Lot, Irregular Lot, Zero Lot Line
  • Lot Size Acres: 0.46
  • Lot Size Square Feet: 20200.0
Property and Assessments
  • Construction Materials: Asbestos
  • 1031 Exchange: No
  • Bank Approved: No
  • FIPS: 53063
  • Year Built: 1940
  • First Photo Additional Detail: 2024-08-09T22:34:08.7
Utilities
  • High Speed Internet: Yes
Interior and Exterior Features
Exterior Features
  • Association Amenities: Cable TV, High Speed Internet, See Remarks
  • Area: A220/040
  • Structure Type: One Story
  • Road Frontage Type: Paved Road
  • Roof: Composition Shingle
  • View: City, Territorial
Interior Features
  • Heating: Electric, Forced Air, See Remarks
  • Appliances: Free-Standing Range, Refrigerator, Washer, Dryer
  • Basement: None
  • Stories: 1
  • Interior Features: Utility Room
Room Information
Dining Room
  • Dining Room: Informal
Family Room
  • Family/Recreation Room: 1st Flr
Unit Information
Unit Information
  • Number Of Units Total: 5
Unit 1
  • Approx Square Feet: 560
  • Baths Total: 1
  • Beds Total: 1
  • Type: Unit A
  • Units Total: 2
Unit 2
  • Approx Square Feet: 660
  • Baths Total: 1
  • Beds Total: 1
  • Type: Unit B
  • Units Total: 2
Unit 3
  • Approx Square Feet: 955
  • Baths Total: 3
  • Beds Total: 2
  • Type: Unit C
  • Units Total: 1
Unit 4
  • Type: Unit D
  • Units Total: 10

Property History for 1509 West 6th Avenue, Unit 1511 1515 1517 1519

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1509 West 6th Avenue, Unit 1511 1515 1517 1519

This home is within Spokane School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Public - PK to 12
Rating
School
Distance
Roosevelt Elementary School
PublicPK to 6

Sacajawea Middle School
Public7 to 8

Lewis & Clark High School
Public9 to 12

Bryant Center
PublicPK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty, LLC

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