6406 E 4TH AVENUE

Spokane, WA 99212
$595,000
3236 sqft | 3 beds | 1.05 acres | #202421863

Description

Welcome to an exceptional investment opportunity in Spokane Valley. This expansive 1.05-acre parcel, zoned for Multi-Family Residential (MFR), is perfectly positioned in a highly sought-after area, offering unparalleled potential for future development, including the option to build up to 22 units per acre.The property features a beautifully renovated 1904 home complete w/ new furnace & modern updates throughout. The home boasts a spacious kitchen & living area w/ 3 bedrm perfect for gatherings, & a charming masonry fireplace that adds warmth & character. Alongside the main residence, you'll find a spacious 30x40 shop with a powder bath & 1,200 sqft ADU. The shop offers flexibility, as it could easily be converted to add a single studio apartment while preserving half the shop space & the existing ADU, providing additional rental income or living options. This parcel offers the flexibility to divide the lot or pursue a larger-scale development by catering to a variety of investors. 2 storage shed with power

  • Interior Details
    • Interior Features
      • Interior:Utility Room, Wood Floor, Natural Woodwork, Windows Wood
      • Fireplaces:1
    • Beds & Baths
      • Bedrooms:3
  • Property Details
    • Property
      • View:Territorial
      • Lot description:Fencing, Fenced Yard, Level
    • Measurements
      • Acres:1.05
      • Square Feet:3236
    • Parking
      • Parking spaces:4
  • Construction Details
    • Type & Style
      • Property type:Purchase
      • Basement:Full, Unfinished
    • Condition
      • Year built:1904
  • Community and Neighborhood Details
    • Location
      • Elementary School:SHERIDAN
      • Middle School:Chase
      • High School:Ferris
      • County:Spokane
  • Financial Details
    • Pricing Details
      • Taxes annual:$4, 904
  • Other
    • Source
      • MLS #:202421863

Location

Keller Williams SpokaneWhitney Schumacher Real Estate
$
years

Down Payment

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%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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