Movoto Real Estate
Sold on 05/06/2026
  • Other
  • Living
  • Kitchen
  • Bedroom
  • Bath
  • Floorplan
  • Exterior
  • View/Area

820 E Rowan Ave, Spokane, WA 99207

$435,000

Last sold 05/06/2026 after 13 Days

  • —

    bed

  • —

    bath

  • 3,328

    Sqft ($131/Sqft)

Multi-family not for sale

About 820 E Rowan Ave

Property type Multi-family
Neighborhood
Year built 1976
HOA fee $0/month
Lot size 5,227 Sqft
Movoto estimate
Rental estimate
Property description
Investors, stop scrolling this is the one. Welcome to this meticulously updated side-by-side duplex that delivers the rare combination of zero work needed condition and an unheard of 10% cap rate. Whether you're adding to your portfolio or house hacking your way to financial freedom, this property checks every box. Both units have been thoughtfully refreshed from top to bottom: new roof, fresh interior and exterior paint, new LVP flooring, new carpet, new bathroom vanities, and new quartz countertops. The heavy lifting has already been done just collect the rent. Each unit features its own private yard and separate driveway, offering tenants the privacy and functionality they want, which translates directly into lower vacancy and stronger retention for you. This is the definition of turnkey, and at a 10% cap rate, it's the kind of deal that simply doesn't come along often in today's market. Act fast, properties like this don't last.
Listed by
Listing Agent - Shane Bangle
Listing Office - Keller Williams Spokane - Main
Source: SAR MLS mls logo
MLS#202615997 • last updated 4 months ago
Movoto checked SAR MLS for data 2 hours ago
Overview
Heating Electric
Levels/Style Ranch
Living Area 3328
Virtual Tour N/A
Type Residential Income
Lot Size (Acres) 0.12
Year Built 1976
Interior
Basement Full, Unfinished, Laundry
Appliances Free-Standing Range, Refrigerator
Exterior
Construction Masonite
Roof Composition
Parking Desc None
Lot Desc Fencing, Sprinkler - Automatic, Level, City Bus (w/in 6 Blks)
Location
View City, Territorial
County Spokane
Elem School District Spokane Dist 81
Elementary School Lidgerwood Elem
High School Rogers
Middle School Garry Middle
Multifamily Details
Total # Of Units 2
Lot/ Land Details
Road Frontage City Street, Paved Road
$421K
Range: $387K-$454K
Last 30 days 
Rental est.: $940/month
Gross rent multiplier: 38.6
  • Jun 2026
    mls logo MLS # 202615997
  • Jun 10, 2026 Sold
    —
  • May 7, 2026 Pending
    —
  • Apr 23, 2026 Listed
    $435,000 (+33.8%)
  • Dec 2025
    mls logo MLS # 202524564
  • Dec 10, 2025 Price Change
    $325,000 (-15.6%)
  • Sep 25, 2025 Listed
    $385,000 (-8.3%)
  • Nov 2023
    mls logo MLS # 202321954
  • Nov 15, 2023 Price Change
    $419,900 (-1.2%)
  • Oct 12, 2023 Price Change
    $425,000 (-10.5%)
  • Sep 15, 2023 Listed
    $475,000 (+86.3%)
  • Nov 2020
    Public Records
  • Nov 20, 2020 Sold
    $255,000
  • Year Property taxes Tax assessment
  • 2025
    $3,605 +3.9%
    $363,200 +1.48%
  • 2024
    $3,469 -0.9%
    $357,900
  • 2023
    $3,502 +19.4%
    $357,900 +42.87%
  • 2022
    $2,933 +24.2%
    $250,500
  • 2021
    $2,361 +4.4%
    $250,500 +26.39%
  • 2020
    $2,262 +14.9%
    $198,200 +8.37%
  • 2019
    $1,969 -0.4%
    $182,900 +28.89%
  • 2018
    $1,976 +23.8%
    $141,900 +21.7%
  • 2017
    $1,596 +7.6%
    $116,600
  • 2016
    $1,483 +2.0%
    —
  • 2015
    $1,455
    —
  • 820 E Rowan Ave
    $435K
  • Nevada Heights
    $289K -3% y/y
  • 99207
    $289K -3% y/y
  • Spokane
    $439K -2% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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  • 820 E Rowan Ave
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