418 E Mission Avenue
Spokane, WA 99202
- – beds
- – baths
- 6,000 sqft
- 7,100 sqft lot
- $146 per sqft
- 1978 build
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Great 15 bedroom student rooming house opportunity. Located in Spokane’s highly desired University District with majority of building systems updated or replaced. Situated just two blocks from Gonzaga University and within 1-mile of 6 higher education institutions, investors are well positioned to take advantage of Spokane’s growing student rental demand. Being one of the largest rooming houses in the University District, buyers will have multiple renting & leasing options including renting the building on a group lease, renting rooms individually, or renting the building as an Airbnb. The building is currently vacant, giving buyers the opportunity to fill and rent before the 24 school year. FINANCIALS ARE PROFORMA
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Last updated Sep 5, 2024
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MLS# 2209356 —
The Building
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Year Built:1905
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Year Built:1978
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Year Built Source:Public Records
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New Construction:false
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Structure Type:Multi Family
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Roof:Composition
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Foundation Details:Poured Concrete
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Exterior Features:Wood
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Units In Building Total:5
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# of Units Total:1
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Stories Total:3
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Building Area Total:6000
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Building Area Units:Square Feet
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Calculated SqFt:6000
Interior
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Fireplace:false
Financial & Terms
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Possession:Closing
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Buyer Financing:Conventional
Location
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Latitude:47.671383
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Longitude:-117.403745
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Directions:418 E Mission Ave Spokane, WA 99202
The Property
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Property Type:Residential Income
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Property Subtype:Multi-Family
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Property Condition:Good
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Parcel Number:351720303
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Lot Features:Curbs, Paved, Sidewalk
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Lot Size Units:Square Feet
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Lot Size Dimensions:7100
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Lot Size Acres:0.163
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Lot Size SqFt:7100
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Lot Size Source:Spokane Parcel Viewer
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Zoning Class:Multi-Family,Residential
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Zoning Jurisdiction:City
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View:City, Mountain(s)
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View:true
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Waterfront:false
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Possible Use:Multi-Family, Residential
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Irrigation Water Rights:false
Listing Agent
- Contact info:
- Agent phone:
- (360) 705-2800
- Office phone:
- (360) 705-2800
Taxes
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Tax Year:2024
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Tax Annual Amount:7304
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Cooling:true
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Heating:true
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Cooling:Central A/C
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Heating:Baseboard
Utilities
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Water Company:City Of Spokane
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Water Source:Public
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Sewer:Sewer Connected
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Sewer Company:City Of Spokane
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Power Company:Avista
Schools
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High School District:Spokane
The Community
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Subdivision Name:Spokane
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Amenities:Basement,Storage
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Senior Community:false
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Association:false
Parking
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Parking Total:5
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Parking Uncovered Spaces:5
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Open Parking:true
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Open Parking Spaces:5
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Carport:false
Listing courtesy of NWMLS / Kidder Mathews. Bought with Kidder Mathews.
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/26/24
Apr 26, 2024
|
Sold | NWMLS | $880,000 | -1.7% |
|
3/26/24
Mar 26, 2024
|
Pending | NWMLS | $895,000 | |
|
3/12/24
Mar 12, 2024
|
Listed / Active | NWMLS | $895,000 | 36.6% (11.6% / YR) |
