918 E Baldwin Ave, Spokane, WA 99207

$349,000 Asking Price

5 beds
2 baths
2,060  sqft
Built in 1901

This Gonzaga-area investment property is a fantastic opportunity! Located in a prime location adjacent to the CC1 (Centers and Corridors) zoning, this 5-bedroom, 2-bathroom rental home offers significant potential for future development. According to a city planner, because the property "abuts" the CC1 zone, you have the possibility to build an additional dwelling on the parcel. The home is currently rented at $2,300 per month, with potential for rent increases. It features two electric meters, making it easy to convert back to a duplex if desired. Recent updates include a new roof, siding, and fresh paint, ensuring that the property is in excellent condition. Whether you're looking to capitalize on current rental income or explore development possibilities, this property offers flexibility and potential in a desirable location.

Features & Amenities

Interior

General:
Utility Room, Vinyl
Appliances:
Free-Standing Range, Dishwasher, Refrigerator
Basement:
Partial, Unfinished
Heating:
Gas Hot Air Furnace, Electric, Forced Air, Baseboard
Fireplace:
Woodburning Fireplce, Fireplaces: 0

Exterior

Style:
Other
Parking:
Detached, Alley Access, Oversized

Construction

Roofing:
Composition Shingle
General:
Two Story

Location

Road/Access:
City Street, Paved Road
HOA Amenities:
Cable TV, Deck, Hot Water
Originating MLS:
sarmls
School District:
Spokane Dist 81
County:
Spokane

Lot

Zoning:
35084.2407

Financial

Source:
sarmls

This listing courtesy of:
Keller Williams Realty Coeur d, Seth Maefsky

About Spokane, WA

Housing

Number of Units
173,375
Median Home Value
$249,955
Median Rent
$857

41.82% of housing units are renter occupied.

4.83% are vacant.

Commute

Car
68.54%
Public Transportation
2.50%
Walk to Work
2.34%
Work from Home
25.48%
Other
0.64%

The median travel time to work is 17 minutes.

People

Population
390,669
Median Age
38.50
Median Household Size
2.56

Education

High School
22.29%
Associate’s Degree
13.02%
Bachelor’s Degree
20.26%
Graduate Degree
11.49%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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