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Image 1 - 2308 E South Riverton Ave, Spokane, Washington, 99207 - House for sale
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E South Riverton Ave, Spokane, Home For Sale
2308 E South Riverton Ave, Spokane, Washington, 99207

E South Riverton Ave, Spokane, Home For Sale

house for sale
Listed: 07/01/24

2308 E South Riverton Ave, Spokane, Washington, 99207

Studio Bed:
3,856 Sq Ft Living Area:
Save
Price
$ 725,000

About This House

Investor's Dream! This modern Triplex, built in 1999, offers a prime opportunity for strong rental income and potential development. Each townhome-style unit features 4 bedrooms, 2 bathrooms, and a private entrance. Each unit has its own stackable washer/dryer in the unit. Recent updates include fresh paint, new carpet, and upgraded appliances. The exterior was re-painted in 2023. The property offers off-street parking and easy maintenance, ensuring a steady income stream. Live in one unit while tenants in the other two help pay down your mortgage. Alternatively, purchase both the Triplex and the adjacent home for an expansive development project or to keep as a long-term investment. Don't miss out on this incredible opportunity!

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Spokane Housing & Living

Average sale prices for houses

2 bed
3 bed
4+ bed
Show as List Show as Graph
In June 2024, the asking price for 2 bed houses for sale in/near Spokane, United States averaged $297,298, an increase of 0.7% from the previous month.
Median price trends for properties for sale in Spokane, United States as of June 2024.

Household Income

Median household income: $44,768
Number of households: 88,683
The average household income in Spokane, WA grew from $43,274 to $44,768 in the past year. This data is an estimate based upon 88,683 households in Spokane, WA.
The chart below presents how household income is distributed in Spokane, WA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $2k-$3k
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Spokane, WA compared to median property taxes around the country. The prevalent amount of property taxes in Spokane, WA equals $2k-$3k , which is less than the national average.