2506 East Rowan Avenue

Spokane, WA 99217

$425,000
Price
6
Beds
3
Baths
2,260 Sq. Ft.
$188 / Sq. Ft.
2,260
Sq. Ft.
$188
per Sq. Ft.

Description

Exceptional Triplex with room for revenue growth! One unit is completely remodeled fresh paint, new flooring, hard surface countertops and more! Steady income with long term tenants. When it's time to invest in your future, these are the types of units you're looking for! Easy to manage, low maintenance and potential for long term income with steady tenants! If a quick remodel is done between tenants on two units rents could increase $300+ for each unit. Off street parking for tenants, new roof in...Exceptional Triplex with room for revenue growth! One unit is completely remodeled fresh paint, new flooring, hard surface countertops and more! Steady income with long term tenants. When it's time to invest in your future, these are the types of units you're looking for! Easy to manage, low maintenance and potential for long term income with steady tenants! If a quick remodel is done between tenants on two units rents could increase $300+ for each unit. Off street parking for tenants, new roof in 2024! Each unit has GAS forced air heat (Not Electric Baseboard) and each unit has washer/dryer in unit - full size! Tenants love the affordability of Gas Heat, and Happy Tenants make long term tenants! Do Not Disturb Tenants.
  1. Listed by Leif Tangvald • Kelly Right Real Estate of Spokane

Property Details for 2506 East Rowan Avenue

Parking Features
Off Site
Architectural Style
Contemporary
Zoning
RES
LISTING UPDATED: 12/07/2024 07:01 AM

Property Details for 2506 East Rowan Avenue

StatusActive
MLS #202424005
Days on Market56
Taxes$3,608 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Rental
Year Built1977
Lot Size0.14 AC / 6,250 SF
CountySpokane County

Building Information for 2506 East Rowan Avenue

Building/Complex2506 E Rowan AveFloor-Stories1Residences3Pet Policy-Year Built1977Building Size-Lot Size0.14 AC / 6,250 SF

Property Information for 2506 East Rowan Avenue

Summary
Location and General Information
  • County Or Parish: Spokane
  • Longitude: -117.37
  • Directions: East on Rowan, between Crestline and Market.
  • Class: Rental Income
  • Latitude: 47.71
Taxes and HOA
  • Tax Annual Amount: $3,608.00
  • Additional Parcels: No
  • Parcel Number: 36334.0221
Parking
  • Carport Spaces: .00
  • Garage Spaces: .00
  • Parking Total: 3.00
Virtual Tour
School Information
  • Middle Or Junior School: Shaw
Property
Lot Information
  • Lot Features: Fencing, Level, Open Lot, City Bus (w/in 6 blks)
  • Lot Size Acres: 0.14
  • Lot Size Square Feet: 6250.0
  • Lot Size Length: 125
  • Lot Size Width: 50
Property and Assessments
  • Construction Materials: Siding
  • 1031 Exchange: No
  • FIPS: 53063
  • Year Built: 1977
  • First Photo Additional Detail: 2024-10-04T21:46:21.3
Utilities
  • High Speed Internet: Yes
Interior and Exterior Features
Exterior Features
  • Association Amenities: Cable TV, Satellite Dish, High Speed Internet, Play Area, See Remarks
  • Area: A340/002
  • Structure Type: One Story
  • Road Frontage Type: City Street, Paved Road
  • Roof: Composition Shingle
Interior Features
  • Heating: Electric, Forced Air
  • Appliances: Free-Standing Range, Refrigerator
  • Basement: Crawl Space, None
  • Stories: 1
  • Interior Features: Utility Room, Multi Pn Wn
Room Information
Dining Room
  • Dining Room: Informal
Family Room
  • Family/Recreation Room: 1st Flr,Off Kit
Multi Family
Income & Expenses Information
  • Fuel Expense: $.00
  • Water Sewer Expense: $4,200.00
  • Other Expense: $.00
Unit Information
Unit Information
  • Number Of Units Total: 3
Unit 1
  • Approx Square Feet: 753
  • Baths Total: 1
  • Beds Total: 2
  • Type: Unit A
  • Units Total: 1
Unit 2
  • Approx Square Feet: 753
  • Baths Total: 1
  • Beds Total: 2
  • Type: Unit B
  • Units Total: 1
Unit 3
  • Approx Square Feet: 753
  • Baths Total: 1
  • Beds Total: 2
  • Type: Unit C
  • Units Total: 1
Rental
Rental Information
  • Occupant Type: Tenant

Property History for 2506 East Rowan Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 2506 East Rowan Avenue

Taxable ValueLand$37,500Additions$327,800Total$365,300
Tax Record2023$3,574 ($298 / month)
Home Facts
Baths3Total Finished SqFt2,260 SqFtAbove Grade Finished SqFt2,260 SqFtStories1Lot Size6,250 SqFtStyleTriplexYear Built1977Year Renovated1987CountySPOKANEAPN36334.0221

Schools near 2506 East Rowan Avenue

This home is within Spokane School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 10 to 12
Rating
School
Distance
Regal Elementary School
PublicPK to 5

Shaw Middle School
Public6 to 8

Rogers High School
Public9 to 12

On Track Academy
Public10 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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2506 East Rowan Avenue is a multi-family home for sale in Spokane, WA 99217. This property was listed for sale on October 4, 2024 by Kelly Right Real Estate of Spokane, it's currently listed at $425,000. It has been on the market for a total of 56 days and was last sold on July 1, 2015. This listing's school district is Spokane School District. Nearby schools include Regal Elementary School, Shaw Middle School and Rogers High School. 2506 East Rowan Avenue is a 6-bed, 3-bath, 2,260 sqft multi-family home built in 1977.

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 Kelly Right Real Estate of Spokane

The information is being provided by Coeur d’Alene Multiple Listing Service and Spokane Association of REALTORS. Information deemed reliable but not guaranteed. Information is provided for consumers’ personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 Coeur d’Alene Multiple Listing Service and Spokane Association of REALTORS. All Rights Reserved.