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Street View
$585,000
Monthly Est:$2,912
3 Beds
- 2 Baths
2,496sqft
205 S Elizabeth Rd, Spokane Valley, WA 99212
$585,000
$2,912/moEst:
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Multi Family
Built in 1951
$-- HOA
7,620 sqft lot
$234/sq.ft
Description
Well-maintained 5-unit investment opportunity in Spokane Valley featuring four 1 bed / 1 bath units and one 2 bed / 1 bath unit with in-unit laundry. The remaining units are supported by a convenient on-site coin-operated laundry, providing additional income potential. Units have been updated over the years, and major capital expenditures have already been addressed, roof, siding, and windows—offering a more predictable, low-maintenance investment profile. Financially, the property has demonstrated consistent performance with ~$52,900 in trailing 12-month gross income. Current rents range from approximately $795 to $1,095, with additional income from utilities and laundry...
Continue Reading- Houzeo last checked: 8 minutes ago
- Listing updated: September 1, 2026 at 7:22 am
- Listing Provided by: Jeff Hornberger | The Hornberger Group, LLC (509) 994-5007
- Source: Spokane MLS-WA | MLS#: 202617225

Property Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
--
Year Built
1951
HOA Fees
-
Finished Area
2,496 sqft
Lot Size
7,620 sqft lot
Basement Area
- sqft
MLS Name
Spokane MLS
MLS Number
202617225
MLS Status
Active
Days on Market
134

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Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 2
Interior
Heating
Electric, Ductless
Window Features
Vinyl Frames
Appliances
Free Standing Range, Dishwasher, Refrigerator
Construction
Year Built
Year Built: 1951
Home type
Multi Family
Architectural Style
Ranch
Construction Materials
Vinyl Siding
Roof
Composition
Utilities & Energy
Association Amenities
Laundry
Parking Features
None
Basement
Crawl Space
Other Features
Lot Features
Level, City Bus (w/in 6 Blks)
Price History
| Date | Event | Price |
|---|---|---|
08/25/2026 Source: | Price Decreased | $585,000 -0.85% $234/sqft |
07/24/2026 Source: | Price Decreased | $590,000 -0.84% $236/sqft |
06/12/2026 Source: | Price Decreased | $595,000 -3.25% $238/sqft |
05/12/2026 Source: | Listed for Sale | $615,000 +141.18% $246/sqft |
07/13/2018 Source: | Sold | $255,000 $102/sqft |
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Based on information from the Spokane Association of REALTORS® through Sep 23, 2026, 12:01PM. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate. ©2026 Spokane Association of REALTORS®. All Rights Reserved.
Advertising Broker: Christy Lee-Naumann | Real Estate by You LLC
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