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2924 E Broad Ave
Spokane, WA 99217

Spokane Area Rental

  • 0.15 Acre

$475,000

1 Week on market

MLS# 202620014

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

Fully occupied fourplex generating $2,950 per month in gross rental income. The unit mix includes one 2-bedroom unit and three 1-bedroom units, with current rents of $1,200, $700, $525, and $525 per month. This is an excellent opportunity for investors seeking immediate cash flow with additional upside through improved management, property improvements, and future rent increases, or by adding a 5th unit. The property is fully tenant occupied, providing income from day one. Whether you're an experienced investor looking for your next value-add project or someone looking to grow a rental portfolio, this property offers the chance to increase long-term returns while generating income from the start. Entire, 4 property portfolio available as a package.

SqFt: 0
County: Spokane
Year Built: 1948
Basement
  • Full
  • Finished
Kitchen / Appliances
  • Free-Standing Range
  • Refrigerator
Garage / Parking
  • None
Heating / Cooling
  • Natural Gas
  • Electric
  • Forced Air
  • Baseboard
Lot / Information
  • Fencing
  • Level
Roof
  • Composition

Office Details
Deese Real Estate  —  (509) 293-9291

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 7/4/2026, 12:22 AM. 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.