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About This Home

This 8-bedroom, 4-bathroom residential multi family at 2927 E Olympic Ave in Spokane, WA is listed for $599,900 ($206 per sqft). Built in 1982, the home offers 2,912 sqft of living space on a 0.15 acres lot.

Agent Description

Strong performing 4-plex designed for investors seeking reliable income and long term stability. Current rents total $5,400 per month, delivering excellent cash flow and making this a solid addition to an investment portfolio or a strategic entry into multi family ownership.

Several tenants are month-to-month, creating the possibility of owner-occupant purchase. Each of the four units offers a 2 bedroom, 1 bath layout with updated interiors that attract quality tenants and support consistent occupancy. Well maintained throughout, the property includes off street parking +dedicated tenant storage.

Each unit features its own laundry hookups, and washers & dryers are included, creating added tenant appeal and reducing vacancy risk. Located near a bus route providing convenient access to transportation for tenants to nearby stores & restaurants.

Key Features

  • Built in 1982
  • 0.15 acre lot
  • 2 stories
  • 4 parking spaces

Property Details

2 stories
4 full
4 spaces
1982

Monthly Cost Estimate

$3,208/mo

20% down · 6.5% · 30 years

Principal$434
Interest$2,600
Insurance$175

Estimates only. Actual payments may vary.

Location

2927 E Olympic Ave

Spokane, WA 99217

Property Details

Construction

Wood Siding

Parking

AlleyAssigned

Heating

Ductless (Heating)Electric (Heating)

Appliances

DishwasherRefrigeratorWasherDryer

Questions & Answers

This 8-bedroom, 4-bathroom residential multi family at 2927 E Olympic Ave is listed at $599,900 ($206/sqft). The estimated monthly payment is $2,600 based on 20% down at 6.5% interest.

Key features include: Built in 1982, 0.15 acre lot, 2 stories, 4 parking spaces.

This property is listed by Cindy Carrigan and can be reached at (855) 450-0442 or cindy@fivestarspokane.com.

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CC

Cindy Carrigan

Agent at REAL Broker LLC

(855) 450-0442

Listed by REAL Broker LLC

MLS# 202615275· Source: listhub· Updated 2 days ago

Copyright © 2026 Spokane Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

2927 E Olympic Ave, Spokane, WA 99217

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