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Sold on 01/22/2025
  • Exterior
  • Living
  • Other
  • Dining
  • Kitchen
  • Entry Way
  • Bedroom
  • Bath
  • View/Area

420 E 7th Ave, Spokane, WA 99202

  • $327,000

    Last sold 01/22/2025 for $305K

  • —

    bed

  • —

    bath

  • 2,598

    Sqft ($117/Sqft)

Multi-family not for sale
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About 420 E 7th Ave

Property type Multi-family
Neighborhood
Year built 1899
HOA fee $0/month
Lot size 6,450 Sqft
Movoto estimate
Rental estimate
Property description
INVESTMENT ALERT! This adorable duplex combines old-world charm with modern updates in a prime Lower South Hill location. Featuring two units: a 1 bed, 1 bath on the main level and a 2 bed, 1 bath upstairs (both leased through Jan 2026), this property is ready to start cash flowing. Major updates include a new roof in 2018 and recent furnaces and air conditioning units for both units. With big-ticket items taken care of, you can focus on maximizing your investment. Both units generate $2,500/month in rental income, with tenants covering gas and electricity. Each unit includes the convenience of in-unit laundry as well. Don’t miss this low-maintenance, income-producing property in a sought-after area!
Listed by
Listing Agent - Perry Domini
Listing Agent Contact: Perry@4degrees.com
Listing Office - eXp Realty 4 Degrees
Source: SAR MLS mls logo
MLS#202510849 • last updated 1 year ago
Movoto checked SAR MLS for data 15 minutes ago
Overview
Cooling/AC Central Air
Heating Gas Hot Air Furnace, Forced Air
Levels/Style 2, Victorian
Living Area 2598
Type Residential Income
Lot Size (Acres) 0.15
Year Built 1899
Interior
Basement Full, Unfinished
Appliances Free-Standing Range, Dishwasher, Refrigerator, Washer, Dryer
Interior Features Utility Room, Wood Floor
Exterior
Construction Wood
Roof Composition Shingle
Parking Desc Off Site, Alley Access
Lot Desc Fenced Yard, Level
Location
View City, Territorial
County Spokane
Elem School District Spokane Dist 81
Elementary School Roosevelt
High School Lewis & Clark
Middle School Sacajawea
Multifamily Details
Total # Of Units 2
Lot/ Land Details
Road Frontage City Street, Paved Road, Dirt Road
$327K
Range: $281K-$372K
Last 30 days 
Rental est.: $943/month
Gross rent multiplier: 27.0
  • Mar 2025
    mls logo MLS # 202510849
  • Mar 12, 2025 Sold
    —
  • Jan 22, 2025 Pending
    —
  • Jan 15, 2025 Listed
    $305,000
  • 420 E 7th Ave
    $305K
  • East Central
    $299K -13% y/y
  • 99202
    $329K -5% y/y
  • Spokane
    $449K -5% y/y
No chart available
Statistics calculated by Movoto

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5/10
Roosevelt Elementary School
public Grades PK, K-6
Spokane School District
7/10
Sacajawea 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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