Bought with McKenzie Bartle
$500,000
$500,000
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10 S Greenacres Ave Spokane Valley, WA 99016
2,186 SqFt
Key Details
Sold Price $500,000
Property Type Multi-Family
Sub Type Rental
Listing Status Sold
Purchase Type For Sale
Square Footage 2,186 sqft
Price per Sqft $228
MLS Listing ID 202517912
Sold Date 08/01/25
Style Ranch
Year Built 1924
Lot Size 0.390 Acres
Lot Dimensions 0.39
Property Sub-Type Rental
Property Description
Turnkey Duplex in Spokane Valley's CV district! This property features 4-bed/2-bath unit one side and a 1-bed/1-bath on the other ideal for owner-occupied investor. Updates include a 50-year roof w/ 25-year workmanship guarantee (transferable), fiber cement siding, paint, gutters, insulation (attic & basement), all-new electrical & panels, updated plumbing, 99% gas efficient furnaces, A/Cs, and water heaters for both sides. In 2021, the 4-bed unit was taken to the studs fully remodeled down. The 4-bed unit has quartz counters throughout, tile backsplash, LVP flooring, new bathroom, soft-close cabinets, a kitchen island, appliances, & cordless blinds. The 1-bed unit has newer flooring, a new shower, fresh paint, and a covered porch. The fenced yard is sectioned yard providing private spaces for each side, fully sprinkled. Oversized lot offers potential to subdivide, build, or add a shop/garage. Separate meters. Leases end 4/30/25. I have qualified tenants lined up to avoid any vacancy. Projected 7.33% CAP Rate
Location
State WA
County Spokane
Rooms
Basement Finished, Rec/Family Area, Laundry, Walk-Out Access
Interior
Interior Features Kitchen Island, In-Law Floorplan
Heating Natural Gas, Forced Air
Cooling Central Air
Fireplaces Type Masonry
Appliance Free-Standing Range, Gas Range, Dishwasher, Refrigerator, Microwave, Washer, Dryer, Hard Surface Counters
Exterior
Parking Features Workshop in Garage, None
Amenities Available Laundry
View Y/N true
Roof Type Composition
Total Parking Spaces 10
Building
Lot Description Fencing, Cross Fncd, Sprinkler - Automatic, Level, Corner Lot
Architectural Style Ranch
Structure Type Fiber Cement
Schools
Elementary Schools Greenacers
Middle Schools Greenacres
School District Spokane Valley
Others
Acceptable Financing FHA, VA Loan, Conventional, Cash
Listing Terms FHA, VA Loan, Conventional, Cash
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