Multi-Family $ 525,000

1913 W Mallon Ave

Spokane, WA 99201

  • 2,408 SqFt
  • 6,098 Lot Size
  • 1907 Year Built
Turnkey 4-plex opportunity (1 bed 1 bath each unit) with strong rental history and flexible use options. Three units are currently rented, generating $2,900/month, with one vacant unit ready for immediate occupancy or lease-up - bringing potential total rents to approximately $3,900/month. This property has consistently rented quickly with low turnover, making it an ideal addition to an investment portfolio or a perfect owner-occupied house hacking opportunity. Live in one unit while the others offset your mortgage, or fully lease the fourth unit to maximize income. Each unit is separately metered, helping keep utility management straightforward. Whether you're a seasoned investor or just getting started, this property offers immediate income with upside potential in a proven rental location.
Listed by Sarah Hoverson of eXp Realty, LLC

VIRTUAL TOUR

PROPERTY DETAIL

  • Key Details

    Property Type Multi-Family

    Sub Type Residential Income

    Listing Status Active

    Purchase Type For Sale

    Square Footage 2, 408 sqft

    Price per Sqft $218

    MLS Listing ID 202614429

    Style Victorian

    Year Built 1907

    Annual Tax Amount $4,236

    Lot Size 6,098 Sqft

    Lot Dimensions 0.14

    Property Sub-Type Residential Income

  • Location

    State WA

    County Spokane

  • Rooms

    Basement Full

  • Building

    Lot Description Fenced Yard, Level

    Story 2

    Architectural Style Victorian

    Structure Type Stone

  • Interior

    Interior Features High Speed Internet

    Heating Natural Gas, Electric, Forced Air, Baseboard

    Appliance Free-Standing Range, Dishwasher, Refrigerator, Washer, Dryer

  • Exterior

    Parking Features Off Site

    Amenities Available None

    View Y/N true

    Roof Type Composition

    Total Parking Spaces 4

  • Schools

    Elementary Schools Holmes Elementary

    Middle Schools Yashura Middle School

    High Schools North Central

    School District Spokane Dist 81

  • Others

    Acceptable Financing FHA, VA Loan, Conventional, Cash

    Listing Terms FHA, VA Loan, Conventional, Cash

    Virtual Tour https://properties.insidemediaco.com/1913-W-Mallon-Ave-Spokane-WA-99201-USA-0

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