See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

864 S Sherman St #876, Spokane, WA, 99202

2beds
2baths
1,050sqft
$325,000
$310price/sqft
$2,144/moest. monthly cost
$85,760/yrincome needed

About This Home

GREAT INVESTMENT OPPORTUNITY: DUPLEX NEAR HOSPITALS AND PERRY DISTRICT. Start with or add this cash flowing rental property to your portfolio. Both units are 1BR/1BA with 525 sqft (1,050 sqft total). Both in good condition. Almost 100% occupied since Dec 2021. Solid tenants.

Getting Around

61
WalkingSomewhat Walkable
47
TransitSome Transit
76
BikeVery Bikeable

Schools

5/10
7/10
Sacajawea Middle SchoolGrades 7-81.5 mi
8/10
Lewis & Clark High SchoolGrades 9-120.9 mi

Construction

Condition

  • Year built: 1930

Materials

  • Roof: Composition
  • Construction materials: Masonite

Type & Style

  • Home type: MultiFamily
  • Architectural style: Ranch

Interior

Appliances

  • Appliances included: Free-Standing Range,Refrigerator,Microwave

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2

Features

  • Window features: Windows Vinyl

Heating

  • Heating features: Natural Gas,Forced Air

Interior Area

  • Total structure area: 1,050
  • Total interior livable area: 1,050 sqft

Property

Details

  • Parcel number: 35203.1414

Features

  • Levels: One
  • Stories: 1
  • Fencing: Fenced

Lot

  • Lot size: 7,100 sqft
  • Features: Level,Corner Lot,Near Public Transit,Oversized Lot

Parking

  • Parking features: Off Site

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Inland Flooding
Ice Storm
Strong Wind
Winter Weather

FEMA Declared Disasters in Spokane County and Washington

Fire
Flood
Mud Landslide
Other
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,643$19,716
Home Insurance *$141$1,692
Property Taxes $211$2,532
Electricity $149$1,793
Total$2,144$25,728
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$73,508/yr
40% on housing$64,320/yr
45% on housing$57,173/yr

Washington FAIR Plan Programs

Washington FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 306Commercial: 55
Total Premiums$858,000
Total Exposure$176.33M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.6%
11.6%
0%30.0%
Electricity Growth Rate10-year average: 3.0%
3.0%
0%15.0%
Property Taxes Growth Rate2-year average: 4.2%
4.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$310This listing

vs Other Active Listings

Avg $/sqft

ZIP 99202$155
Spokane County$195

vs Homes Sold Last Month

Median $/sqft

ZIP 99202$177
Spokane County$205

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2025-12-30Listed for sale$325,000
2025-12-30Listing removed$325,000
2025-11-25Listed for sale$325,000
2025-11-25Listing removed$325,000
2025-10-22Listed for sale$325,000
2025-10-22Listing removed$340,000
2025-09-21Listed for sale$340,000
2007-06-27Sold$107,000

For Sale by Agent

AgentRich King
BrokerageKeller Williams Spokane - Main

Similar Homes