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Rachel Krouse

rachel@krousehouserealty.com +1(509) 981-1881

Listed by Derek Raivio • LT Real Estate

$ 640,000

Est. payment | -/mo

6 Beds

2 Baths

2,436 SqFt

Save

$ 640,000

Est. payment | -/mo

Save

6 Beds

2 Baths

2,436 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,436 sqft

Price per Sqft $262

MLS Listing ID 202619186

Bedrooms 6

Year Built 1909

Lot Size 6,969 Sqft

Lot Dimensions 0.16

Property Sub-Type Single Family Residence

Property Description

Extremely rare opportunity in a highly sought-after location where properties seldom become available. Positioned just 1 block away from Gonzaga University, this offering presents exceptional potential for student housing investors and developers alike. The property includes two separate homes, each are 1236 sqft and feature 3 bedrooms and 1 bathroom, with the potential to add an additional bathroom to each residence for increased rental appeal and income. Zoned CA-1 with a maximum building height allowance of 75 feet, this property also offers significant redevelopment potential. Rent the existing homes as-is, enhance the current improvements, or maximize the parcel's density with new construction. Whether you're seeking strong rental demand near Gonzaga University or a strategic long-term investment opportunity, this property delivers exceptional versatility and upside. Additional address is 817 E Sinto Ave.

Location

State WA

County Spokane

Rooms

Basement None

Interior

Interior Features Hot Water

Heating Natural Gas, Forced Air, Ductless

Cooling Central Air

Appliance Range, Dishwasher, Disposal

Exterior

Parking Features Off Site, Alley Access

View Y/N true

Roof Type Composition

Building

Lot Description Level

Story 2

Structure Type Asbestos

New Construction false

Schools

Elementary Schools Logan

Middle Schools Yahuhara

High Schools North Central

School District Spokane Dist 81

Others

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(509) 981-1881

rachel@krousehouserealty.com

6718 N Pittsburg St, Spokane, Washington, 99217, USA

819-817 E Sinto Ave Ave Spokane, WA 99202