$665,000
Active
36 Days Online
3 Beds2 Baths3,236 SQFT
Active

6406 E 4th Ave Spokane, WA 99212

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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

  • Property TypeSingle Family Home
  • NeighborhoodN/A
  • CountySpokane
  • Taxes$4,904
  • HOA/Condo/Coop Fees$0
  • Days on Site35 Days
  • MLS StatusActive
  • MLS ID Number202421863
  • Home Size Source N/A
  • Year Built1904
  • Lot Size1.05 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Style Contemporary
  • Parking DetachedWorkshop in Garage
  • Basement FullUnfinished
  • Number of Stories 2
  • Acreage 1.05
  • Garage Spaces 4

Interior Features

  • Cooling Central Air
  • Heating Gas Hot Air FurnaceForced Air
  • Appliances Free- Standing RangeDishwasherRefrigeratorKit Island
  • Interior Utility RoomWood FloorNatural WoodworkWindows Wood
  • Fireplaces 1
  • Fireplace Features Masonry
  • Fireplace Yes

Exterior Features

  • View Territorial
  • Lot FencingFenced YardLevel
  • Road Frontage City Street
  • Other Structures WorkshopShed(s)See Remarks

Community Features

  • Association Amenities DeckPatio
  • Township 25
  • MLS Area A210/074

Schools

School District
Spokane Dist 81
Elementary School
Sheridan
Middle School
Chase
High School
Ferris

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Monthly Payment (Est.)

$3,217
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