2927 E Olympic Ave, Spokane, WA 99217
2927 E Olympic Ave, Spokane, WA 99217
2927 E Olympic Ave, Spokane, WA 99217
2927 E Olympic Ave, Spokane, WA 99217
2927 E Olympic Ave, Spokane, WA 99217
2927 E Olympic Ave, Spokane, WA 99217
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Michael Jensen

Michael Jensen

+1(509) 714-7899
Listed by Cindy Carrigan • REAL Broker LLC
$ 599,900
Est. payment | /mo

2,912 SqFt

Save
$ 599,900
Est. payment | /mo
Save

2,912 SqFt

Key Details

Property Type Multi-Family

Sub Type Residential Income

Listing Status Active

Purchase Type For Sale

Square Footage 2,912 sqft

Price per Sqft $206

MLS Listing ID 202615275

Style Contemporary

Year Built 1982

Annual Tax Amount $3,650

Lot Size 6,534 Sqft

Lot Dimensions 0.15

Property Sub-Type Residential Income

Property Description

Strong performing 4-plex designed for investors seeking reliable income and long term stability. Current rents total $5,400 per month, delivering excellent cash flow and making this a solid addition to an investment portfolio or a strategic entry into multi family ownership. Several tenants are month-to-month, creating the possibility of owner-occupant purchase. Each of the four units offers a 2 bedroom, 1 bath layout with updated interiors that attract quality tenants and support consistent occupancy. Well maintained throughout, the property includes off street parking +dedicated tenant storage. Each unit features its own laundry hookups, and washers & dryers are included, creating added tenant appeal and reducing vacancy risk. Located near a bus route providing convenient access to transportation for tenants to nearby stores & restaurants.

Location

State WA

County Spokane

Rooms

Basement Full, Finished

Interior

Heating Electric, Ductless

Appliance Dishwasher, Refrigerator, Washer, Dryer

Exterior

Parking Features Alley Access, Assigned

Amenities Available None

View Y/N true

Roof Type Composition

Total Parking Spaces 4

Building

Lot Description Sprinkler - Automatic, Level, City Bus (w/in 6 blks), Fencing

Story 2

Architectural Style Contemporary

Structure Type Wood Siding

Schools

School District Spokane Dist 81

Others

Acceptable Financing VA Loan, Conventional, Cash

Listing Terms VA Loan, Conventional, Cash

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Michael Jensen
Michael Jensen

Agent

+1(509) 714-7899

Newport, Washington, 99156, USA

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2927 E Olympic Ave