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Sold on 02/21/2025

2423 E Pacific Ave, Spokane, WA 99202

$275,000

Last sold 02/21/2025 for $264K

  • —

    bed

  • —

    bath

  • 1,404

    Sqft ($188/Sqft)

Multi-family not for sale
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About 2423 E Pacific Ave

Property type Multi-family
Neighborhood
Year built 1911
HOA fee $0/month
Movoto estimate
Parking 1 garage spaces
Rental estimate
Property description
Move-in ready duplex 7 minutes away from downtown Spokane for an easy commute! 2Bed, 1Bath downstairs. 1Bed, 1Bath upstairs. Both units have access to a back yard that is fenced-off so each renter can have their own backyard space. Both units have an in-unit washer and dryer. The downstairs unit also has access to an unfinished basement for a little extra storage. There is a storage unit attached to a one-car garage on the property. The garage/storage unit is separately metered so it can be used as another source of rental income besides just the duplex! Both units are separately metered as well. I have owned it for several years and had happy, responsible renters through all of them. The neighbors are very kind as well. There is also some missing paint on the red porch from snow-shoveling. Other than that, the property is in great shape! (Selling price is calculated from a 8.67% Cap Rate before taking garage-rent into account!)
Listed by
Listing Agent - Chris Nye
Listing Agent Contact: Sales@mls4owners.com
Listing Office - MLS4owners.com
Source: SAR MLS mls logo
MLS#202415358 • last updated 1 year ago
Movoto checked SAR MLS for data 2 hours ago
Overview
Heating Gas Hot Air Furnace
Levels/Style 2, Traditional
Living Area 1404
Type Residential Income
Year Built 1911
Interior
Basement Partial, Unfinished
Appliances Free-Standing Range, Refrigerator, Washer, Dryer
Exterior
Construction Hardboard Siding
Roof Composition Shingle
Parking Desc Detached, Off Site
# Garage Spaces 1
Location
County Spokane
Elem School District Spokane Dist 81
Elementary School Grant Elementary
High School Lewis & Clark
Middle School Sacajawea
Multifamily Details
Total # Of Units 2
Lot/ Land Details
Road Frontage City Street
$275K
Range: $233K-$316K
Last 30 days 
Rental est.: $958/month
Gross rent multiplier: 23.0
  • May 2025
    Public Records
  • May 23, 2025 Sold
    $260,000 (-1.5%)
  • May 2025
    mls logo MLS # 202415358
  • May 23, 2025 Sold
    —
  • Feb 21, 2025 Pending
    —
  • Feb 5, 2025 Price Change
    $264,000 (-2.2%)
  • Jan 13, 2025 Listed
    $270,000 (+0.4%)
  • Nov 29, 2024 Pending
    —
  • Nov 18, 2024 Listed
    —
  • Nov 8, 2024 Pending
    —
  • Nov 5, 2024 Price Change
    $269,000 (-3.6%)
  • Sep 3, 2024 Price Change
    $279,000 (-3.5%)
  • Aug 8, 2024 Price Change
    $289,000 (-1.7%)
  • Jul 24, 2024 Listed
    —
  • Jul 16, 2024 Pending
    —
  • Jun 26, 2024 Price Change
    $294,000 (-1.7%)
  • Jun 12, 2024 Price Change
    $299,000 (-2.0%)
  • Jun 5, 2024 Price Change
    $305,000 (-1.6%)
  • May 31, 2024 Price Change
    $310,000 (-1.6%)
  • May 23, 2024 Price Change
    $315,000 (-1.6%)
  • May 9, 2024 Price Change
    $320,000 (-1.5%)
  • May 1, 2024 Listed
    $325,000 (+44.4%)
  • Dec 2020
    Public Records
  • Dec 31, 2020 Sold
    $225,000
  • Dec 2020
    mls logo MLS # 202023792
  • Dec 31, 2020 Sold
    $225,000 (-2.2%)
  • Nov 7, 2020 Pending
    —
  • Oct 27, 2020 Listed
    —
  • Oct 19, 2020 Pending
    —
  • Oct 18, 2020 Listed
    $229,950
  • Aug 2020
    mls logo MLS # 202020174
  • Aug 7, 2020 Listed
    $229,900 (+318.8%)
  • Mar 2009
    mls logo MLS # 29011911
  • Mar 24, 2009 Sold
    —
  • Feb 12, 2009 Listed
    $54,900
  • Year Property taxes Tax assessment
  • 2025
    $2,450 -0.6%
    $246,500 -2.99%
  • 2024
    $2,466 -5.5%
    $254,100 -4.68%
  • 2023
    $2,611 +13.0%
    $266,580 +35.18%
  • 2022
    $2,311 +22.3%
    $197,200
  • 2021
    $1,889 +17.3%
    $197,200 +24.5%
  • 2020
    $1,611 +28.1%
    $158,390 +21.86%
  • 2019
    $1,258 -14.2%
    $129,980 +23.67%
  • 2018
    $1,466 +14.3%
    $105,100 +12.29%
  • 2017
    $1,283 -1.0%
    $93,600
  • 2016
    $1,295 +1.1%
    —
  • 2015
    $1,281
    —
  • 2423 E Pacific Ave
    $264K
  • East Central
    $307K -3% y/y
  • 99202
    $324K 0% y/y
  • Spokane
    $439K -4% y/y
No chart available
Statistics calculated by Movoto

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2/10
Sheridan Elementary School
public Grades PK, K-6
Spokane School District
5/10
Chase Middle School
public Grades 7-8
Spokane School District
7/10
Lewis & Clark High School
public Grades 9-12
Spokane School District
Source: GreatSchools.org © 2026. All rights reserved.

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