434 W Buckeye Avenue Spokane, WA $ 499,994
434 W Buckeye Avenue
$ 499,994
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434 W Buckeye Avenue

Spokane, WA, 99205
$ 499,994
Baths0.0 Sq 3,190

Monthly Estimate*

$ 3,079

Listed by eXp Realty
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Studio

Multi-Family Home for sale in Spokane, WA

for $499,994. This 3,190 square foot home was built in 1903 on a lot size of 0.1377.

Here is your chance to score a turnkey quadplex in one of Spokane's most desirable neighborhoods. Fully updated, well maintained, and thoughtfully renovated, this income-producing property delivers immediate cash flow with four fully equipped units: one spacious 2-bedroom and three private studios, each with its own kitchen, refrigerator, and oven. Tenants enjoy complete independence without compromise. Investor-friendly infrastructure throughout. A shared laundry room on-site adds convenience and tenant retention value. Rare alley access leads to a 2-car garage plus generous additional parking in the rear, a feature that sets this property apart in the market. Whether you are a seasoned portfolio builder or a house-hacking first-timer, this quadplex checks every box: low-maintenance condition, flexible unit mix, and strong rental demand in a supply-constrained Spokane market. Live in one unit and let the others pay your mortgage, or hold all four as a pure income play. Three units are currently vacant and move-in ready, with one studio occupied. Rents are well below market rate, creating an immediate opportunity to increase income with zero repair costs out of pocket. This is the ideal window to tour the property and see the full scope of what you are acquiring. The work has been done. The value is here. Properties like this rarely come to market in this condition, at this price point. Do not wait.

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Multi-Family Active

Price

$ 499,994

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 4,434

Style

4-Plex

Lot Size

0.1377

Year Built

1903

Town/City

Spokane

County/Region

Spokane

MLS | Web ID

2507852

Features
General
Living Area 0
Sewer Sewer Connected
Heating Forced Air
Cooling None
Possession Closing See Remarks Subject To Tenant Rights
Roof Composition
HOA Fee 0
Garage Spaces 2
Year Built 1903
Property Subtype Multi Family
Tax Year 2025
County Spokane
Net Operating Income 32215
Insurance Expense 2384
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Spokane
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions From I-90 W take Exit 279 toward Maple St. Head north on Maple St turn left on Buckeye Ave. Property is on the right at 434 W Buckeye Ave.
High School Buyer To Verify
City Spokane
Senior Community Y/N N
High School District Spokane
Zoning Description Multi-Family
Number Of Units Total 4
MLS Area 561 - Spokane County
Lot Size Units Square Feet
Lot Size Square Feet 6000
Carport Spaces 0
Carport Y/N N
Listing Terms Conventional FHA Rehab Loan See Remarks State Bond USDA Loan VA Loan
Elementary School Buyer To Verify
Tax Annual Amount 4434
Electric Expense 1888.25
Fuel Expense 1888.25
Middle/Junior High School Buyer To Verify
Property Condition Updated/Remodeled
Public Remarks Here is your chance to score a turnkey quadplex in one of Spokane's most desirable neighborhoods. Fully updated well maintained and thoughtfully renovated this income-producing property delivers imme
Leasable Area 2711
Structure Type Quadruplex
Building Area Units Square Feet
Standard Status Active
Water Company City of Spokane
Units Below Grade false
Units In Building Total 4
Water Sewer Garbage 3776.5
Property Style 54 - 4-Plex
Cap Rate 6.44
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Exterior
Exterior Amenities Wood Products
Lot Features Alley Curbs Paved Sidewalk
Total Parking 8
Foundation Details Block Poured Concrete
Building Area Total 3190
Lot Dimensions 50' X 121'
Lot Size Acres 0.1377
Waterfront Y/N N
Covered Spaces 2
Irrigation Water Rights Y/N N
Site Features Cable TV Deck
Parking Uncovered Total 6
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Interior
Flooring Laminate
Total Fireplaces 0
Total Stories 3
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2507852
Street Number 1 434
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* Excluded Features
List By
Teddy Lim

Listing Agent

Exp Realty

Broker

Affordability Calculator

$3,448
Per Month
89%
11%
0%
Monthly Principal & Interest
$3,079
Monthly Property Taxes
$370
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4824855 Elementary School
4824856 Middle School
Buyer To Verify High School High School
Pricing History
DatePricePrice ChangeDescription
4/18/2026$499,994 Listed Price

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434 W Buckeye Avenue, Spokane, WA, 99205 is a Multi-Family Home for sale at $499,994 with 3,190 sqft and a lot size of 0.1377. 434 W Buckeye Avenue is a studio with 0.0 baths and was built in 1903. The property's zip code is 99205 which is in Spokane, WA