Crystal Delaney
BEDS0
BATHS
SQUARE FEET4,180
MLS#202615565
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLSpokane Dist 81
Property Description
Well-maintained 8-unit investment opportunity consisting of two 4-plexes on separate residential parcels, offering the possibility of residential financing with more favorable terms than typical commercial loans, subject to buyers lender. Each unit features a spacious 2 bed / 1 bath layout of approximately 1000 SF with washer/dryer hookups?larger than typical Spokane rentals?supporting strong tenant demand and retention. Property has been carefully self-managed with excellent upkeep and a stable tenant base with consistent payment history. Recent improvements include multiple newer water heaters and washer/dryer units. In-place rents provide solid cash flow with clear upside through light interior updates; comparable renovated units are achieving ~$1,450?$1,550/mo. One unit has been left intentionally vacant for owner-occupancy or immediate lease-up at market rent. A well-performing, stabilized asset with consistent operations and a straightforward value-add opportunity in a high-dema
Property Features
Property Type: Multi Unit - Multiple
Basement: Full, Finished
Basement: Yes
Lot Size: 0.21 Acres
Roof Type: Composition
Stories: 2.0
Taxes: $12,969
Year Built: 1994
Feature Descriptions
Association Amenities: None
Exterior: Siding
Heating/Cooling: Ductless
Lot: Sprinkler - Automatic, Level, Corner Lot, City Bus (w/in 6 blks), Oversized Lot
Parcel#: 35063.3709
Parking: None
Parking Space(s): 10
Special View Info: Territorial
SQ. FT. Total: 4180
Local Schools
High School: North Central
Middle School: Glover
Elementary School: Audubon
School District: Spokane Dist 81
Listed By / Shown By
Listed By
Agency Name: The Hornberger Group, LLC
Shown By
Agent Name: Crystal Delaney
Agent Phone: (509) 934-0909
Agency Title: Coldwell Banker Tomlinson
Estimate Your Payment
Estimated Payment
$ 4,479.01 per month $3,004.51 Principal & Interest $1,080.75 Property Tax $393.75 Homeowner's InsuranceChange Payment Information
Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
©2020 Coldwell Banker Real Estate LLC. All Rights Reserved.
Coldwell Banker Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each Office Is Independently Owned And Operated.
Coldwell Banker and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. ©2020 of the Spokane Association of REALTORS® MLS. All rights reserved.
Coldwell Banker Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each Office Is Independently Owned And Operated.
Coldwell Banker and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. ©2020 of the Spokane Association of REALTORS® MLS. All rights reserved.
Privacy Policy / DMCA Notice / ADA Accessibility
This site is hosted, designed and copyright
© 1994 - 2026 by
Delta Media Group, Inc. -- Patent Pending --
3222-3224 N Madison St | MLS# 202615565
This multi-family property located at 3222-3224 N Madison St, Spokane, WA 99205 is currently listed for sale with an asking price of $1,350,000. 3222-3224 N Madison St is located within the Spokane Dist 81 school district. Search Spokane real estate on cdelaney.cbspokane.com today.