Bought with Rebecca Espinoza
$765,000
$755,000
1.3%For more information regarding the value of a property, please contact us for a free consultation.
1023-1025 W Knox Ave Spokane, WA 99205
3,696 SqFt
Key Details
Sold Price $765,000
Property Type Single Family Home
Sub Type Residential Income
Listing Status Sold
Purchase Type For Sale
Square Footage 3,696 sqft
Price per Sqft $206
MLS Listing ID 202617221
Year Built 2011
Annual Tax Amount $3,117
Lot Size 6,534 Sqft
Property Sub-Type Residential Income
Property Description
Rare 4-unit investment opportunity featuring two separate duplexes on one lot, built in 2011 and 100% occupied. Each unit offers a functional two-story layout with living, kitchen, and dining on the main level, and 2 bedrooms, 1.5 bathrooms, and in-unit laundry upstairs—ideal for tenant privacy and retention. Interiors include LVP flooring on the main level, carpet upstairs, and hard surface countertops throughout. One bedroom in each unit features a walk-in closet and private en-suite. The property is fully xeriscaped with no grass, keeping maintenance low and expenses predictable. Financially, the property performs as a steady asset with rents averaging approximately $1,300–$1,400 per unit, generating ~$5,300+ monthly and ~$64,000+ annually. Tenants pay utilities, supporting strong operating efficiency. Built in 2013, this is a turnkey, low-maintenance opportunity with consistent occupancy and reliable cash flow.
Location
State WA
County Spokane
Interior
Heating Electric, Ductless
Cooling Wall Unit(s)
Exterior
Parking Features None
Amenities Available None
View Y/N true
View Territorial
Roof Type Composition
Building
Lot Description Cross Fncd, Level, City Bus (w/in 6 blks)
Story 2
Structure Type Masonite
Schools
Elementary Schools Audubon
Middle Schools Glover
High Schools North Central
School District Spokane Dist 81
Others
Acceptable Financing FHA, VA Loan, Conventional, Cash
Listing Terms FHA, VA Loan, Conventional, Cash
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