SoldAug 27, 2025

Listed by Luke Raynor from Realty ONE Group Eclipse | Spokane

Source: Spokane Association of REALTORS #202517812

917 East Indiana Avenue, Spokane, WA, 99207

$648,000

3686 sq. ft.

SingleFam

30+ days on the market

Sold: Aug 27, 2025

What's around 917 East Indiana Avenue

About this property

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.

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