917 East Indiana Avenue

Spokane WA 99207

3686 sq. ft.

Single-Family

Last sold for $648,000

Luke Raynor, last sold this property on 27 August 2025 after 327 days on market.

Overview

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.

Features

3686 sq. ft. floor area

Single-Family

Estimated Value

We need at least 3 similar single-family properties sold in Spokane over the last 12 months.

Property history for 917 East Indiana Avenue

2025

Sold

$648,000

27 Aug 2025 by Luke Raynor, of Realty ONE Group Eclipse | Spokane

2023

Sold

$607,500

10 Feb 2023 by Kevin Appleton, of SOURCE REAL ESTATE

Happy sellers in Spokane

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