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About This Home
This 4-bedroom, 4-bathroom residential multi family at 1913 W Mallon Ave in Spokane, WA is listed for $650,000 ($270 per sqft). Built in 1907, the home offers 2,408 sqft of living space on a 0.15 acres lot.
Turnkey 4-plex opportunity (1 bed 1 bath each unit) with strong rental history and flexible use options. Three units are currently rented, generating $2,900/month, with one vacant unit ready for immediate occupancy or lease-up - bringing potential total rents to approximately $3,900/month.
This property has consistently rented quickly with low turnover, making it an ideal addition to an investment portfolio or a perfect owner-occupied house hacking opportunity. Live in one unit while the others offset your mortgage, or fully lease the fourth unit to maximize income. Each unit is separately metered, helping keep utility management straightforward. Whether you're a seasoned investor or just getting started, this property offers immediate income with upside potential in a proven rental location.
Key Features
- Built in 1907
- 0.15 acre lot
- 2 stories
- 4 parking spaces
Property Details
Monthly Cost Estimate
$3,476/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1913 W Mallon Ave
Spokane, WA 99201
Features & Amenities
Interior Features
Property Details
Construction
Parking
Heating
Appliances
Questions & Answers
This 4-bedroom, 4-bathroom residential multi family at 1913 W Mallon Ave is listed at $650,000 ($270/sqft). The estimated monthly payment is $2,817 based on 20% down at 6.5% interest.
Key features include: Built in 1907, 0.15 acre lot, 2 stories, 4 parking spaces. Interior Features: High Speed Internet.
This property is listed by Sarah Hoverson and can be reached at (360) 339-5093 or sarahruth@savvyhomes.org.
