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1432 W 7th Ave
Spokane, WA 99204

Spokane Area Rental

  • 2,660 Sqft
  • 0.16 Acre

$485,000

1 Month on market

MLS# 202526141

Listing courtesy of Spokane Association of REALTORS MLS as distributed by MLS GRID.

4-PLEX in CANNON HILL! The unit count comprises of 2-One Bedroom, and 2-Studio apartments, creating an investment opportunity for owner-occupied financing; AND through the Spokane Historic Preservation Office, qualifies for the Special Valuation Tax Incentive.  Projected 6.5% - 7% untrended cap rate.  Permitted from residence to apartments in conjunction with the Federal Government to provide housing for troops returning from WWII. 3-D tour available on Zillow.  Not only is this an unbeatable location near parks, bluff trails, South Hill and Downtown amenities, it’s a great addition to any investment portfolio!

SqFt: 2,660
County: Spokane
Year Built: 1910
Basement
  • Partial
  • Unfinished
  • Laundry
Kitchen / Appliances
  • Free-Standing Range
  • Refrigerator
  • Washer
  • Dryer
Garage / Parking
  • Attached
  • Detached
  • Underground
  • Alley Access
Heating / Cooling
  • Natural Gas
  • Hot Water
Outbuildings
  • See Remarks
Lot / Information
  • Level
  • Rolling Slope
  • Corner Lot
  • City Bus (w/in 6 blks)
  • Oversized Lot
Features
  • Breakers
  • 200 AMP
Roof
  • Composition

Office Details
CENTURY 21 Beutler & Associates  —  (509) 323-2100

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

IDX listing information is provided exclusively for consumers’ personal, noncommercial use. All other uses are strictly prohibited. The listing information displayed herein is based on information submitted to the MLS GRID as of 12/22/2025, 4:23 PM. 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.