Fully Rented 4-Plex with Cap Rate Over 8%! Turnkey investment opportunity—now fully stabilized and producing strong income. This updated 4-plex includes two 2-bed/1-bath units and two 3-bed/1-bath units, each with assigned parking. Recent renovations throughout the building feature new flooring, updated kitchens and bathrooms, and fresh paint. Tenants enjoy the convenience of an on-site laundry room (no in-unit laundry), and the secured building offers added peace of mind. Prime location near the U-District, Gonzaga University, and the School of Medicine ensures consistent rental demand. An additional 4-plex located at 923 E Indiana with the same finishes also available at the same price—ideal for investors looking to expand their portfolio.
Pending
$800,000
917 E Indiana Ave, Spokane, WA 99207
10beds
4baths
3,686sqft
Est.:
Multi Family
Built in 1966
-- sqft lot
$-- Zestimate®
$217/sqft
$-- HOA
What's special
Assigned parkingOn-site laundry room
- 71 days
- on Zillow |
- 174 |
- 9 |
Zillow last checked: 7 hours ago
Listing updated: July 21, 2025 at 02:41pm
Listed by:
Luke Raynor 509-994-7531,
Realty One Group Eclipse
Source: SMLS,MLS#: 202517812

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 4
Primary bedroom
- Description: Dbl Clst,1st Flr,2nd Flr
Dining room
- Description: Informal,Kit Eat Sp
Family room
- Description: 1st Flr,2nd Flr
Heating
- Baseboard, Ductless
Cooling
- Wall Unit(s)
Appliances
- Included: Free-Standing Range, Refrigerator, Microwave, Washer, Dryer
Features
- Hard Surface Counters
- Windows: Windows Vinyl
- Basement: Crawl Space
- Has fireplace: No
Interior area
- Total structure area: 3,686
- Total interior livable area: 3,686 sqft
Property
Parking
- Total spaces: 5
- Parking features: Detached, Carport, Off Site, Alley Access, Assigned
- Garage spaces: 4
- Carport spaces: 1
- Covered spaces: 5
Features
- Levels: Two
- Stories: 2
- Fencing: Fenced,Fenced Yard
- Has view: Yes
- View description: City, Territorial
Lot
- Size: 6,534 Square Feet
- Features: Level
Details
- Additional structures: Shed(s)
- Parcel number: 35084.2413
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Brick
- Roof: Composition,Flat
Condition
- Year built: 1966
Community & HOA
HOA
- Amenities included: Cable TV, Deck, Patio, High Speed Internet, Laundry, Play Area
Location
- Region: Spokane
Financial & listing details
- Price per square foot: $217/sqft
- Tax assessed value: $577,150
- Annual tax amount: $5,722
- Date on market: 5/31/2025
- Listing terms: VA Loan,Conventional,Cash
- Road surface type: Paved
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