1224 E Celesta Ave
Spokane, WA 99202

Spokane Area Rental

  • 3,852 Sqft
  • 0.29 Acre

$499,000

3 Months on market

MLS# 202324472

Incredible duplex investment opportunity in the South Perry District in Spokane that features popular restaurants, breweries, shopping, & coffee shops! The floor plan is great for tenants w/ huge rooms, tons of storage space & quality finishes. Each unit also has its own garage & laundry hookups & is individually metered for electricity & natural gas. Unit A has 2 bedrooms & 1.5 bathrooms w/ a 2 car garage & Unit B has 1 bedroom plus an office, 1 bathroom, & a 1 car garage. This property is also ideal for future development or adding additional units to the oversized 0.29 Acre lot. The RMF zoning allows up to 8 units. There are multiple incentives for investment or redevelopment of this property including the Opportunity Zone, Multi-Family Tax Incentive (MFTE) through the City of Spokane, GFC waiver, & the New Market Tax Credit (NMTC). This is a great opportunity for investors to secure a solid cash flowing investment w/ potential to add more units in the future. Please do not disturb the tenants.

SqFt: 3,852
County: Spokane
Year Built: 1891
Basement
  • Partial
  • Partially Finished
  • Rec/Family Area
  • Laundry
  • Walk-Out Access
Kitchen / Appliances
  • Free-Standing Range
  • Refrigerator
Garage / Parking
  • Attached
  • Garage Door Opener
  • Off Site
Fireplace
  • Gas
Heating / Cooling
  • Gas Hot Air Furnace
  • Forced Air
Lot / Information
  • Hillside
  • Corner Lot
Features
  • Breakers
Roof
  • Composition Shingle

Broker Reciprocity MLS Disclaimer: Copyright of the Spokane Association of REALTORS MLS. All rights reserved. Listing information deemed reliable but not guaranteed.