Bought with Theresa Fischer
$550,000
$599,000
8.2%For more information regarding the value of a property, please contact us for a free consultation.
405 E Dalke Ave Spokane, WA 99208
3,600 SqFt
Key Details
Sold Price $550,000
Property Type Multi-Family
Sub Type Residential Income
Listing Status Sold
Purchase Type For Sale
Square Footage 3,600 sqft
Price per Sqft $152
MLS Listing ID 202610868
Sold Date 04/16/26
Style Other
Year Built 1972
Lot Size 7,405 Sqft
Lot Dimensions 0.17
Property Sub-Type Residential Income
Property Description
Well-maintained four-unit income property consisting of four 2-bedroom, 1-bath units, each offering strong functionality and durable finishes designed for long-term rental performance. All units feature brand new luxury vinyl plank flooring for low maintenance and consistent appeal. In-unit laundry for every residence increases tenant retention and reduces common-area expenses. Property is fully occupied, providing immediate rental income from day one. Attractive curb appeal supports strong leasing demand, while off-street parking adds practical value for tenants. Convenient proximity to a nearby bus stop enhances accessibility and broadens renter appeal. Solid asset for an investor seeking stabilized income, reliable occupancy, and a property that fits seamlessly into an existing rental portfolio. Ideal for buy-and-hold strategy with minimal upfront improvements required.
Location
State WA
County Spokane
Rooms
Basement Finished
Interior
Heating Baseboard
Appliance Free-Standing Range, Dishwasher, Refrigerator, Washer, Dryer
Exterior
Parking Features Attached, Off Site
Garage Spaces 2.0
Amenities Available None
View Y/N true
View Territorial
Roof Type Composition
Building
Lot Description Corner Lot, City Bus (w/in 6 blks)
Architectural Style Other
Structure Type Shake Siding
Schools
Elementary Schools Gary
Middle Schools Lidgerwood
High Schools Rogers
School District Spokane Dist 81
Others
Acceptable Financing FHA, VA Loan, Conventional, Cash
Listing Terms FHA, VA Loan, Conventional, Cash
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