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$300,000

2 bd
1 ba
1,152 sqft
419 days
Single Family Residence|Built 1939
Joey Costello

Joey Costello

Windermere North Spokane

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About This Home

Don't miss this rare chance to own a valuable piece of real estate in the heart of Spokane Valley. Situated on a generous .53-acre lot within the Urban Growth Area, this property offers incredible development potential—with zoning that allows multiple duplexes. The existing 2-bedroom, 1-bath home with partially finished basement boasts a strong rental history, making it a solid income producing asset while you plan future development. Whether you're looking to expand your portfolio, build multi-family units, or simply land bank in a fast-growing area, this property checks all the boxes. Additional perks include central location, proximity to schools, shopping, and transit, plus plenty of space to add a shop or additional structures. This is a prime investment in an area with high demand—opportunities like this don’t come around often!

Sale Summary

Sold Price

$300,000

List Price

$300,000

Sale vs List

+0%

Close Date

Apr 30, 2025

Financing

Cash

Buyer's Agent

Pam Fredrick

Property Details

Property Type

Single Family Residence

Year Built

1939

County

Spokane

Lot Size

0.53 acres

Living Area

1,152 sqft

Price / Sqft

$260

HOA

None

Schools

Elementary: Spokane Dist 81, Middle: Chase, High: Ferris

Days to Sell

21 days

MLS #

SAR202514623

Parcel #

35242.9032

Annual Taxes

$2,481

Total Building Area

1,152 sqft

MLS Area

A210/074

MLS Class

Residential

Listing Terms

FHA, VA Loan, Conventional, Cash

Road Frontage

City Street, Paved Road

Street Direction

E

MLS Status

Sold

Listed On

Apr 8, 2025

Went Pending

Apr 11, 2025

Status Changed

May 2, 2025

Last MLS Update

May 2, 2025

MLS Branch

96

School Information

Elementary

Spokane Dist 81

Middle School

Chase

High School

Ferris

Home Features & Details

Architectural Style

Ranch

Construction

Wood Siding

Structure Type

One Story

Roof

Composition

Basement

FullPartially FinishedLaundryWalk-Out Access

Windows

Wood Frames

Heating

Baseboard

Utilities

Cable Available

Appliances

Free-Standing RangeRefrigerator

Interior Features

High Speed InternetWindows Vinyl

Parking

RV Access/Parking

Lot Features

LevelOpen LotOversized Lot

Other Structures

Stge ShdSee Remarks

Listed By

Joanne Pettit

John L Scott, Inc.

Estimated Monthly Payment

$1,625/mo

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

Property Highlights

Year Built1939
Square Footage1,152 sqft
Lot Size0.53 acres
HOANone
Price / Sqft$260
StatusClosed

Location

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