405 E Dalke Ave, Spokane, WA 99208

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Sold Price
$550,000
Closing Date
Apr 16, 2026
MLS#
202610868
Status
CLOSED
City
Spokane
Acres
0.17
Living Area
3,600

Property Description

Well-maintained four-unit income property consisting of four 2-bedroom, 1-bath units, each offering strong functionality and durable finishes designed for long-term rental performance. All units feature brand new luxury vinyl plank flooring for low maintenance and consistent appeal. In-unit laundry for every residence increases tenant retention and reduces common-area expenses. Property is fully occupied, providing immediate rental income from day one. Attractive curb appeal supports strong leasing demand, while off-street parking adds practical value for tenants. Convenient proximity to a nearby bus stop enhances accessibility and broadens renter appeal. Solid asset for an investor seeking stabilized income, reliable occupancy, and a property that fits seamlessly into an existing rental portfolio. Ideal for buy-and-hold strategy with minimal upfront improvements required.

Additional Information

Year Built
1972
School District
Spokane Dist 81
Elementary School
Gary
Middle School
Lidgerwood
High School
Rogers
Garage Spaces
2
Frontage
City Street, Paved Road
Area/Grid
NE Urban N I-90
MLS Area/Grid#
A340/004
Acres MOL
0.17
Lot Size
7,500
Basement
Finished
Heating/Cooling
Baseboard
Lot Information
Corner Lot, City Bus (w/in 6 blks)
Style
Other

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Listing courtesy of SARMLS / REAL Broker LLC

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