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$319,000

509 days
Rental|Built 1899
Joey Costello

Joey Costello

Windermere North Spokane

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About This Home

Don’t miss this incredible investment opportunity at 1514 N Cedar! Whether you're looking to "house hack" and live in the spacious 2-bed, 1-bath unit while collecting rent from the two already-rented studio units, or you want to capitalize on passive income from all three, this property has serious potential. With the two studios already occupied, you’re set for immediate cash flow. The 2-bed unit is ready for you to move in or rent out for even more return on investment. Want to maximize your earnings? Consider putting in a little sweat equity and watch your investment grow. Rents are estimated—ask your agent for the Rent-o-Meter reports to learn more!

Sale Summary

Sold Price

$300,000

List Price

$319,000

Sale vs List

-6%

Close Date

Jul 11, 2025

Financing

FHA

Buyer's Agent

Michael Brunner

Property Details

Property Type

Rental

Year Built

1899

County

Spokane

Lot Size

0.08 acres

Schools

Elementary: Spokane Dist 81

Days to Sell

183 days

MLS #

SAR202510485

Parcel #

35182.2005

MLS Area

A330/020

MLS Class

Rental Income

Listing Terms

FHA, VA Loan, Conventional, Cash

Road Frontage

City Street, Paved Road

Street Direction

N

MLS Status

Sold

Listed On

Jan 8, 2025

Went Pending

May 3, 2025

Status Changed

Jul 24, 2025

Last MLS Update

Jul 24, 2025

MLS Branch

1180

School Information

Elementary

Spokane Dist 81

Home Features & Details

Construction

Vinyl Siding

Structure Type

One and a Half Story

Roof

Composition

Basement

PartialUnfinished

Heating

ElectricBaseboard

Appliances

Free-Standing RangeRefrigerator

Interior Features

Windows Vinyl

Views

Territorial

Parking

Off Site

Lot Features

Fenced YardLevelCorner Lot

Other Structures

Shed(s)

Listed By

Billy Deese

Deese Real Estate

Estimated Monthly Payment

$1,728/mo

Estimated at 6.5% APR, 30-year fixed. For informational purposes only.

Property Highlights

Year Built1899
Lot Size0.08 acres
StatusClosed

Location

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