About This Home

This 8-bedroom, 4-bathroom single family at 7314 E 7th Ave in Spokane Valley, WA is listed for $549,899 ($184 per sqft). Built in 1942, the home offers 2,984 sqft of living space on a 0.35 acres lot.

Key Features

  • Built in 1942
  • 0.35 acre lot

Property Details

1 story
4 full
1942

Amenities

View
Listing Description

Cash-flow opportunity in Spokane Valley! Don't miss this fully occupied 4-unit investment property featuring two side-by-side duplexes in a highly desirable location adjacent to Edgecliff Park. With a strong rental history, this is an excellent addition to any investment portfolio or a great opportunity for a first-time multifamily investor.

Each of the four units offers 2 bedrooms, 1 bathroom, private laundry, and functional floor plans that attract long-term tenants. The property provides ample off-street parking, a shared courtyard between the buildings, and sits on a quiet dead-end street for added privacy and appeal.

Tenants love the convenience of being just minutes from shopping, restaurants, schools, parks, and easy commuting routes, making this a consistently desirable rental location. Whether you're looking to expand your portfolio or secure a stable income-producing property, this Spokane Valley fourplex is one you don't want to miss.

Monthly Cost Estimate

$2,941/mo

20% down · 6.5% · 30 years

Principal$398
Interest$2,383
Insurance$160

Estimates only. Actual payments may vary.

Location

7314 E 7th Ave

Spokane Valley, WA 99212

Property Details

Construction

Wood Siding

Views

City

Parking

Offsite

Heating

Forced AirNatural Gas

Appliances

Free-Standing RangeRefrigerator

Questions & Answers

This 8-bedroom, 4-bathroom single family at 7314 E 7th Ave is listed at $549,899 ($184/sqft). The estimated monthly payment is $2,941 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1942, 0.35 acre lot.

This property is listed by Lenae Thornton.

LT

Lenae Thornton

Agent at Keller Williams Realty Spokane

Listed by Keller Williams Realty Spokane · Broker phone: (509) 458-4000 · View on Broker Site · Broker website

MLS# 202622051· Source: Spokane Association of REALTORS®· 88 days on PropertySimple

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.

7314 E 7th Ave, Spokane Valley, WA 99212

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