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Lauren Caldier

caldierrealtyservices@gmail.com +1(509) 828-4467

Listed by Peter Enkema • Coldwell Banker Tomlinson

$ 529,900

Est. payment -/mo

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Active

1707 E Cataldo Ave Spokane, WA 99202

3,136 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Residential Income

Listing Status Active

Purchase Type For Sale

Square Footage 3,136 sqft

Price per Sqft $168

MLS Listing ID 202619874

Style Other

Year Built 1972

Annual Tax Amount $5,381

Lot Size 10,890 Sqft

Lot Dimensions 0.25

Property Sub-Type Residential Income

Property Description

Investor opportunity with immediate upside potential. This fourplex features four spacious 2 bed, 1 bath units, each offering approximately 784 square feet of living space. Currently 75% occupied, the property presents a value-add opportunity through lease-up and rent stabilization, making it an attractive option for investors seeking increased cash flow and long-term appreciation. Current rents are $1,025 in two units and $925 in a third unit, providing opportunity to increase income as leases turn over and rents are brought in line with current market rates. Recent maintenance and turnover improvements position the next owner to capitalize on increased occupancy and operational efficiency. Conveniently located near downtown Spokane, major employers, public transportation, shopping, dining, and everyday amenities. Ideal for investors looking to expand their portfolio or complete a 1031 exchange while adding a property with strong income potential and room for growth.

Location

State WA

County Spokane

Rooms

Basement None

Interior

Heating Electric, Baseboard, Hot Water

Appliance Free-Standing Range, Dishwasher, Refrigerator, Microwave

Exterior

Parking Features Carport, Alley Access

Carport Spaces 1

Amenities Available Laundry

View Y/N true

View City, Territorial

Roof Type Composition

Total Parking Spaces 4

Building

Lot Description Sprinkler - Automatic, Treed, Corner Lot

Story 2

Architectural Style Other

Structure Type Wood Siding

Schools

Elementary Schools Stevens

Middle Schools Yasuhara

High Schools North Central

School District Spokane Dist 81

Others

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash

GET MORE INFORMATION

+1(509) 828-4467

caldierrealtyservices@gmail.com

1101 N Argonne Rd, Spokane Valley, WA, 99212, USA