3112 E 29th Ave, Spokane, WA 99223

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Sold Price
$425,000
List Price
$450,000

Property Description

Welcome to this well-maintained South Hill triplex offering a fantastic investment opportunity. One unit (3116) is currently occupied on a month-to-month lease at $1,000/month with excellent rental history since 2017. Unit 3112 has been fully updated with new carpet, fresh interior paint, modern fixtures, and a completely renovated kitchen and bathroom. Unit 3114 also features recent updates. The two vacant units are projected to generate $1,300–$1,400 per month in rental income. Additional features include a fenced yard, off-street covered parking, dedicated storage units, and washer and dryer hookups in each unit. The deck was just painted in Unit 3116. Annual water, sewer and garbage is $3600. Power has been covered by tenants. Conveniently located within walking distance to Trader Joe’s, restaurants, shopping, and public transit. Priced below tax assessed value—an exceptional opportunity for investors or an owner-occupant.

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Listing courtesy of SARMLS / John L Scott, Inc.

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Listings last updated . All information provided is deemed reliable but is not guaranteed and should be independently verified.