817 E Nora Avenue Spokane, WA $ 1,250,000
817 E Nora Avenue
$ 1,250,000
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817 E Nora Avenue

Spokane, WA, 99207
$ 1,250,000
Baths0.0 Sq 5,682

Monthly Estimate*

$ 8,308

Listed by Kidder Mathews
817 E Nora Avenue, Spokane, WA 99207 - Image 1
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817 E Nora Avenue, Spokane, WA 99207 - Image 8
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817 E Nora Avenue, Spokane, WA 99207 - Image 12
817 E Nora Avenue, Spokane, WA 99207 - Image 13
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Studio

Multi-Family Home for sale in Spokane, WA

for $1,250,000. This 5,682 square foot home was built in 2011 on a lot size of 0.163.

Turn-key investment opportunity located in the highly desired Spokane market next to Gonzaga University. Featuring 14 bedrooms and 8 bathrooms rented to Gonzaga Cross Country Team, this is one of the largest rooming houses in Spokane's University District. Built in 2011, this building features updated systems and modern finishes. In preparation for a sale, ownership invested ~$150,000 in renovations, additions, and capital expenses.

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Multi-Family Active

Price

$ 1,250,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 10,488

Style

10+ Units

Lot Size

0.163

Year Built

2011

Town/City

Spokane

County/Region

Spokane

MLS | Web ID

2237435

Features
General
Interior Features Concrete Wall to Wall Carpet Laminate
Sewer Sewer Connected
Heating Radiant
Cooling Ductless HP-Mini Split
Possession Closing
Roof Metal
Exterior Features Metal/Vinyl
HOA 0
Security Features FullyFenced
Year Built 2011
View Territorial
Property SubType Multi-Family
Tax Year 2024
County Spokane
Net Operating Income 76591
Insurance Expense 3373
New Construction N
Property Type Residential Income
HOA / Comm Assn N
Subdivision Name Spokane
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions 817 E Nora Ave Spokane WA 99207
City Spokane
Buyer Agent Compensation 2.5
View Y/N Y
Senior Community Y/N N
High School District Spokane
Open Parking Spaces 5
NumberOfUnitsTotal 1
MLS Area 561 - Spokane County
Lot Size Units Square Feet
Lot Size Square Feet 7100
Waterfront Y/N N
Carport Spaces 0
Carport Y/N N
Street Name Nora
Listing Terms Cash Out Conventional
Green Building Verification Type LEED™
Tax Annual Amount 10488
Electric Expense 5980
Fuel Expense 5980
Property Condition Very Good
Public Remarks Turn-key investment opportunity located in the highly desired Spokane market next to Gonzaga University. Featuring 14 bedrooms and 8 bathrooms rented to Gonzaga Cross Country Team this is one of the
Leasable Area 5682
Virtual Tour https://simonandersonteam.com/listings/the-gee-apartments/
Structure Type Multi Family
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Amenities Fire Sprinklers Storage
Water Company City of Spokane
Units Below Grade false
Units In Building Total 14
Green Verification LEED Rating Certified
Zoning Class Multi-Family
Water Sewer Garbage 5980
Property Style 56 - 10+ Units
Cap Rate 6.1
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Interior
Flooring Concrete Laminate Carpet
Total Fireplaces 0
Total Stories 3
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Street Suffix Avenue
Bedrooms Possible 14
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Exterior
Lot Features Curbs Paved Sidewalk
Water Source Public
Total Parking 5
Foundation Details Poured Concrete
Building Area Total 5682
Lot Dimensions 7100
Lot Size Acres 0.163
Covered Spaces 0
Open Parking Y/N Y
Irrigation Water Rights Y/N N
Site Features Deck Fenced-Partially Sprinkler System
Parking Uncovered Spaces 5
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Internal Only
OriginalMLSID NWM2237435
Street Number 1 817
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* Excluded Features
List By
Winslow Lee

Listing Agent

Kidder Mathews

Broker

Affordability Calculator

$9,182
Per Month
90%
10%
0%
Monthly Principal & Interest
$8,308
Monthly Property Taxes
$874
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
256559 Elementary School
258793 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/14/2024$1,250,000 Listed Price

Map


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817 E Nora Avenue, Spokane, WA, 99207 is a Multi-Family Home for sale at $1,250,000 with 5,682 sqft and a lot size of 0.163. 817 E Nora Avenue is a studio with 0.0 baths and was built in 2011. The property's zip code is 99207 which is in Spokane, WA