2203 E Mission Ave Active

Spokane,WA 99202

$ 549999

- Bed

- Bath

2496 SqFt


Key Details

Property Type Multi-Family

Sub Type Rental

Listing Status Active

Purchase Type For Sale

Square Footage 2,496 sqft

Price per Sqft $220

MLS Listing ID 202516709

Style Ranch

Year Built 1953

Annual Tax Amount $4,604

Lot Size 8,712 Sqft

Lot Dimensions 0.2

Property Sub-Type Rental

Property Description

Excellent opportunity to own a well-maintained, fully occupied 4-unit property generating $4,595 per month in gross income, including rent and utility fees. Each unit offers 1 bedroom and 1 bathroom, with two spacious floorplans providing tenants private access to both the front entrance and the rear parking lot. The building features a 576 sq ft basement equipped with common laundry facilities and additional storage space available for tenant use — a rare and highly appreciated amenity. Each unit has received various updates over the years, leading to quick vacancy turnarounds and minimal ongoing maintenance. Three detached garage spaces add even more value for tenants and increase rental appeal. Exterior improvements include new windows, durable brick siding, and a newer composite roof, helping maintain the property's excellent condition and curb appeal. This is a turn-key, income-generating investment perfect for buyers seeking reliable cash flow and low management demands!

Location

State WA

County Spokane

Rooms

Basement Partial,Finished

Interior

Interior Features Windows Vinyl

Heating Ductless

Appliance Free-Standing Range,Refrigerator

Exterior

Parking Features Detached

Garage Spaces 3.0

Amenities Available None

View Y/N true

View Territorial

Roof Type Composition

Building

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

Story 1

Architectural Style Ranch

Structure Type Brick

Schools

Elementary Schools Regal

Middle Schools Shaw

High Schools Rogers

School District Spokane Dist 81

Others

Acceptable Financing Conventional,Cash

Listing Terms Conventional,Cash

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