3918 North Washington Street

Spokane, WA 99205

$425,000
Price
4
Beds
4
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Income-producing triplex with $3,470 monthly revenue and all tenants current! This fully-occupied property offers strong cash flow with numerous capital improvements already completed, allowing the next owner to focus on upgrades that can further maximize rent. Located within walking distance to the vibrant Garland District, the main level features a spacious 1-bedroom unit, with another 1-bedroom upstairs and a 2-bedroom in the basement. A detached 2-car garage and a shared laundry room provide...Income-producing triplex with $3,470 monthly revenue and all tenants current! This fully-occupied property offers strong cash flow with numerous capital improvements already completed, allowing the next owner to focus on upgrades that can further maximize rent. Located within walking distance to the vibrant Garland District, the main level features a spacious 1-bedroom unit, with another 1-bedroom upstairs and a 2-bedroom in the basement. A detached 2-car garage and a shared laundry room provide added value—consider converting the laundry to coin-op for extra income! Don’t miss this fantastic investment opportunity.
  1. Listed by Jeff Hornberger • The Hornberger Group, LLC

Property Details for 3918 North Washington Street

Parking Features
Detached
Architectural Style
Craftsman
LISTING UPDATED: 11/08/2024 07:01 AM

Property Details for 3918 North Washington Street

StatusActive
MLS #202425020
Days on Market22
Taxes$2,579 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Rental
Year Built1916
Lot Size0.15 AC / 6,450 SF
CountySpokane County

Building Information for 3918 North Washington Street

Building/Complex3918 N Washington StFloor-Stories2Residences3Pet Policy-Year Built1916Building Size-Lot Size0.15 AC / 6,450 SF

Property Information for 3918 North Washington Street

Summary
Location and General Information
  • County Or Parish: Spokane
  • Longitude: -117.42
  • Other Structures: See Remarks
  • Directions: North on Division left on garland and right on Washington. Home is on the right.
  • Class: Rental Income
  • Latitude: 47.69
Taxes and HOA
  • Tax Annual Amount: $2,579.00
  • Parcel Number: 35061.3110
Parking
  • Carport Spaces: .00
  • Garage Spaces: 2.00
School Information
  • Middle Or Junior School: Glover
Property
Lot Information
  • Lot Features: Sprinkler - Automatic, Level, City Bus (w/in 6 blks)
  • Lot Size Acres: 0.15
  • Lot Size Square Feet: 6450.0
Property and Assessments
  • Construction Materials: Wood
  • 1031 Exchange: No
  • Bank Approved: No
  • FIPS: 53063
  • Year Built: 1916
  • First Photo Additional Detail: 2024-10-30T18:01:07.6
Utilities
  • High Speed Internet: Yes
Interior and Exterior Features
Exterior Features
  • Accessibility Features: See Remarks
  • Association Amenities: Patio, Laundry
  • Area: A330/013
  • Structure Type: Two Story
  • Road Frontage Type: City Street, Paved Road
  • Roof: Composition Shingle
  • View: Territorial
Interior Features
  • Heating: Electric, Baseboard
  • Appliances: Free-Standing Range, Refrigerator, Washer, Dryer
  • Basement: Partial, Finished
  • Stories: 2
Unit Information
Unit Information
  • Number Of Units Total: 3
Unit 1
  • Approx Square Feet: 480
  • Baths Total: 1
  • Beds Total: 1
  • Type: Unit A
  • Units Total: 1
Unit 2
  • Approx Square Feet: 1066
  • Baths Total: 1
  • Beds Total: 1
  • Type: Unit B
  • Units Total: 1
Unit 3
  • Approx Square Feet: 832
  • Baths Total: 2
  • Beds Total: 2
  • Type: Unit C
  • Units Total: 1

Property History for 3918 North Washington Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 3918 North Washington Street

Taxable ValueLand$55,000Additions$213,900Total$268,900
Tax Record2023$2,635 ($220 / month)
Home Facts
Baths2Total Finished SqFt2,730 SqFtAbove Grade Finished SqFt2,730 SqFtStories1Lot Size6,450 SqFtStyleDuplexYear Built1916CountySPOKANEAPN35061.3110

Schools near 3918 North Washington Street

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

Glover Middle School
Public6 to 8

North Central High School
Public6 to 12

A-3 Multiagency Adolescent Prog
Public6 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.

Similar Homes

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3918 North Washington Street is a multi-family home for sale in Spokane, WA 99205. This property was listed for sale on October 30, 2024 by The Hornberger Group, LLC, it's currently listed at $425,000. It has been on the market for a total of 22 days and was last sold on January 4, 2022. This listing's school district is Spokane School District. Nearby schools include Willard Elementary School, Glover Middle School and North Central High School. 3918 North Washington Street is a 4-bed, 4-bath, multi-family home built in 1916.

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 The Hornberger Group, LLC

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