1217 E Indiana Ave, Spokane, WA, 99207
About This Home
Leased for the 2026–2027 school year, this Gonzaga investment property offers immediate income potential just blocks from campus. The 4 bedroom, 2 bathroom home features recent updates including newer appliances, a spacious primary suite with a 5-piece en suite bathroom, and functional living spaces designed for student housing. Outside, enjoy a sprinkler system and a detached 2-car garage. Currently generating $1,950/month in gross rent, this is a strong opportunity for investors looking to expand their portfolio in one of Spokane’s most consistent rental markets.
Getting Around
Very Walkable
Some Transit
Very BikeableSchools
Construction
Condition
- Year built: 1907
Materials
- Roof: Composition
- Construction materials: Masonite,Vinyl Siding
Type & Style
- Home type: MultiFamily
- Architectural style: Bungalow
Interior
Appliances
- Appliances included: Free-Standing Range,Dishwasher,Refrigerator,Microwave,Washer,Dryer
Basement
- Basement: Partial
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Heating features: Natural Gas,Forced Air
Interior Area
- Total structure area: 1,974
- Total interior livable area: 1,974 sqft
Property
Details
- Parcel number: 35084.2211
Features
- Levels: One
Lot
- Lot size: 6,390 sqft
- Features: Sprinkler - Automatic,Level
Parking
- Total spaces: 2
- Parking features: Detached,Alley Access
- Attached garage spaces: 2
- Covered spaces: 2
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
- Ice Storm
How This Home’s Risks Compare
FEMA Declared Disasters in Spokane County and Washington
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,764 | $21,168 |
| Home Insurance * | $129 | $1,548 |
| Property Taxes | $278 | $3,336 |
| Electricity | $149 | $1,793 |
| Total | $2,320 | $27,840 |
Income You'd Need if You Spent...
Washington FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-06 | Listed for sale | $365,000 |
| 2026-05-02 | Listing removed | $1,960 |
| 2026-04-20 | Listed for rent | $1,960 |
| 2025-05-23 | Listing removed | $1,900 |
| 2025-05-11 | Listed for rent | $1,900 |
| 2019-07-03 | Sold | $200,000 |
| 2019-06-04 | Listed for sale | $200,000 |
| 2003-12-09 | Sold | $67,500 |
| 2003-09-15 | Sold | $72,000 |
| 2000-10-16 | Sold | $75,000 |
| 1999-07-16 | Sold | $75,000 |
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