Spokane Fourplex: Investment
2927 E Olympic Ave, Spokane, WA 99217
MULTI_FAMILY - Contemporary - Spokane, WA
Property size:
2,912 SFLot size:
0.15 AcresPrice / SF:
$206/SF- Added:
- Apr 10, 2026
- Days on Market:
- 30
- Last Refresh:
- May 9 at 12:06 am
Property Features for 2927 E Olympic Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 8
- Bathrooms
- 4
- Rooms
- Bedroom 3, Bedroom 2, Bathroom 3, Bedroom 4, Bedroom 5, Bedroom 8, Bathroom 4, Bedroom 7, Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 6
- Parking
- 4
- Parking features
- Alley, Assigned
- Basement
- Full, Finished
- Appliances
- Dishwasher, Refrigerator, Washer, Dryer
- Standard status
- Active
- APN
- 36343.2017
- Size
- 2,912 SF
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3650
Utilities
- Heating system
- Ductless (Heating), Electric (Heating)
Building Details
- Year built
- 1982
- Floors in Building
- 2
- Number of units
- 4
- Building materials
- Wood Siding
- Roof type
- Composition
- Architectural style
- Contemporary
Listing agent Cindy Carrigan License #21027304 (855) 450-0442
Listing office REAL Broker LLC 1400 112th Ave SE, Ste 100, Bellevue, WA (855) 450-0442
Listing date Apr 10, 2026
MLS# 202615275
Listing URL
Copyright © 2026 Spokane Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Strong performing 4‑plex generating $5,400 monthly income.
- Updated 2‑bedroom, 1‑bath units attract quality tenants and ensure consistent occupancy.
- Month‑to‑month leases offer flexibility, including potential for owner‑occupancy.
- Each unit includes laundry hookups and comes equipped with a washer and dryer.
- Off‑street parking and dedicated tenant storage enhance tenant appeal.
- Convenient location near a bus route provides easy access to amenities.
Overview
This Spokane fourplex is designed for investors seeking reliable income and long-term stability. The property features four units, each with a 2-bedroom, 1-bath layout and updated interiors. Current rents total $5,400 per month. Several tenants are month-to-month, creating the possibility of owner-occupant purchase. The property is well-maintained and includes off-street parking and dedicated tenant storage. Each unit features its own laundry hookups, and washers and dryers are included. Located on a 0.1458-acre lot, the property is near a bus route, providing convenient access to transportation for tenants to nearby stores and restaurants. The building size is 2,912 square feet. This property offers excellent cash flow and makes a solid addition to an investment portfolio or a strategic entry into multi-family ownership.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Spokane
- County
- Spokane
- State
- Washington
- Longitude
- -117.3668869
- Latitude
- 47.7035503
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Well-maintained fourplex with updated interiors and strong rental income.
Where is this quadplex located?
The property is located at 2927 E Olympic Ave Spokane, WA.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Strong performing 4‑plex generating $5,400 monthly income.; Updated 2‑bedroom, 1‑bath units attract quality tenants and ensure consistent occupancy.; Month‑to‑month leases offer flexibility, including potential for owner‑occupancy.
