Movoto Real Estate
Sold on 03/10/2026
  • Exterior
  • Living
  • Kitchen
  • Bedroom
  • Other
  • Entry Way

405 E Dalke Ave, Spokane, WA 99208

$599,000

Last sold 03/10/2026 after 55 Days

  • bed

  • bath

  • 3,600

    Sqft ($166/Sqft)

Multi-family not for sale

About 405 E Dalke Ave

Property type Multi-family
Neighborhood
Year built 1972
HOA fee $0/month
Lot size 7,500 Sqft
Movoto estimate
Parking 2 garage spaces
Rental estimate
Property description
Well-maintained four-unit income property consisting of four 2-bedroom, 1-bath units, each offering strong functionality and durable finishes designed for long-term rental performance. All units feature brand new luxury vinyl plank flooring for low maintenance and consistent appeal. In-unit laundry for every residence increases tenant retention and reduces common-area expenses. Property is fully occupied, providing immediate rental income from day one. Attractive curb appeal supports strong leasing demand, while off-street parking adds practical value for tenants. Convenient proximity to a nearby bus stop enhances accessibility and broadens renter appeal. Solid asset for an investor seeking stabilized income, reliable occupancy, and a property that fits seamlessly into an existing rental portfolio. Ideal for buy-and-hold strategy with minimal upfront improvements required.
Listed by
Listing Agent - Aaron Farr
Listing Office - REAL Broker LLC
Source: SAR MLS mls logo
MLS#202610868 • last updated 4 months ago
Movoto checked SAR MLS for data 6 minutes ago
Overview
Heating Baseboard
Levels/Style Other
Living Area 3600
Type Residential Income
Lot Size (Acres) 0.17
Year Built 1972
Interior
Basement Finished
Appliances Free-Standing Range, Dishwasher, Refrigerator, Washer, Dryer
Exterior
Construction Shake Siding
Roof Composition
Parking Desc Attached, Off Site
# Garage Spaces 2
Lot Desc Corner Lot, City Bus (w/in 6 Blks)
Location
View Territorial
County Spokane
Elem School District Spokane Dist 81
Elementary School Gary
High School Rogers
Middle School Lidgerwood
Multifamily Details
Total # Of Units 4
Lot/ Land Details
Road Frontage City Street, Paved Road
$585K
Range: $527K-$644K
Last 30 days 
Rental est.: $937/month
Gross rent multiplier: 53.3
  • Apr 2026
    Public Records
  • Apr 16, 2026 Sold
    $550,000 (-8.2%)
  • Apr 2026
    mls logo MLS # 202610868
  • Apr 16, 2026 Sold
  • Mar 10, 2026 Pending
  • Jan 14, 2026 Listed
    $599,000 (+51.3%)
  • Mar 2019
    mls logo MLS # 201910782
  • Mar 26, 2019 Sold
    $396,000
  • Jan 15, 2019 Listed
    $389,000 (+56.9%)
  • Mar 2019
    Public Records
  • Mar 11, 2019 Sold
    $396,000 (+1.8%)
  • Jul 2018
    mls logo MLS # 201811635
  • Jul 24, 2018 Sold
    $248,000
  • Feb 7, 2018 Listed
    $275,000 (+1.9%)
  • Mar 2018
    Public Records
  • Mar 12, 2018 Sold
    $248,000 (-9.8%)
  • Jul 2009
    Public Records
  • Jul 21, 2009 Sold
    $270,000 (+28.0%)
  • Mar 2006
    mls logo MLS # 25025098
  • Mar 7, 2006 Sold
  • Sep 8, 2005 Listed
    $212,000 (+39.5%)
  • Feb 2006
    Public Records
  • Feb 21, 2006 Sold
    $211,000 (-0.5%)
  • Sep 2002
    Public Records
  • Sep 5, 2002 Sold
    $152,000
  • Year Property taxes Tax assessment
  • 2025
    $5,578 +2.5%
    $562,600 +0.12%
  • 2024
    $5,440 +3.3%
    $561,900 +4.29%
  • 2023
    $5,265 +18.4%
    $538,800 +41.68%
  • 2022
    $4,446 +9.8%
    $380,300
  • 2021
    $4,048 +5.0%
    $380,300 +11.69%
  • 2020
    $3,857 +21.0%
    $340,500 +8.96%
  • 2019
    $3,188 -9.6%
    $312,500 +23.24%
  • 2018
    $3,527 +12.8%
    $253,580 +10.83%
  • 2017
    $3,125 +4.7%
    $228,800
  • 2016
    $2,984 -4.2%
  • 2015
    $3,115
  • 405 E Dalke Ave
    $599K
  • Nevada Heights
    $298K 0% y/y
  • 99208
    $499K -5% y/y
  • Spokane
    $439K -4% y/y
No chart available
Statistics calculated by Movoto

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2/10
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Source: GreatSchools.org © 2026. All rights reserved.

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