Chg price

1224 E Celesta Ave

Spokane WA, 99202

$449,900


$116.80 per sqft

Chg price

3,852 sqft

Residential

Built in 1891

Incredible duplex investment opportunity in the South Perry District in Spokane that features popular restaurants, breweries, shopping, & coffee shops! The floor plan is great for tenants w/ huge rooms, tons of storage space & quality finishes. Each unit also has its own garage & laundry hookups & is individually metered for electricity & natural gas. Unit A has 2 bedrooms & 1.5 bathrooms w/ a 2 car garage & Unit B has 1 bedroom plus an office, 1 bathroom, & a 1 car garage. This property is also ideal for future development or adding additional units to the oversized 0.29 Acre lot. The RMF zoning allows up to 8 units. There are multiple incentives for investment or redevelopment of this property including the Opportunity Zone, Multi-Family Tax Incentive (MFTE) through the City of Spokane, GFC waiver, & the New Market Tax Credit (NMTC). This is a great opportunity for investors to secure a solid cash flowing investment w/ potential to add more units in the future. Please do not disturb the tenants.

202324472

MLS ID

November 13, 2023

Listed

May 14, 2024

Updated

Map

1224 E Celesta Ave
Spokane WA, 99202

Interior Features

Total Stories

2


Interior Features

Wood


Appliances

Free-Standing Range, Refrigerator


Laundry Description

In Basement


Floor Description

Wood


Fireplace

Yes


Fireplace Description

Gas


Cooling

No


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

0.29 Acres


Lot Features

Corner Lot


Roof

Composition

School Information

School District

Spokane Dist 81


High School

Lewis & Clark


Elementary School

Grant

Other Property Details

Taxes

$5,057


Tax Frequency

Annually


Days on Market

183


Association Amenities

None


Garage

Yes


Garage Spaces

2


Parking

Attached, Garage Door Opener, Off Site


Parking Total

988


View

No


County

Spokane


Municipality

25


Pool

No


Buyer Agency Compensation

3%

Listing History

Date

Event

Price

5/13/2024

Price Change

$449,900

-6%

3/18/2024

Price Change

$475,000

-5%

Courtesy of Home Sales Spokane

The data relating to real estate for sale on this web site comes in part from the WA - Spokane Association of REALTORS (SAR). Real estate listings held by brokerage firms other than Behler Homes are marked with the IDX logo and detailed information about them includes the name of the listing brokers.

Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Behler Homes shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

© 2024 of WA - Spokane Association of REALTORS (SAR). All rights reserved.

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