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1217 E Indiana Ave, Spokane, WA, 99207

4beds
2baths
1,974sqft
$365,000
$185price/sqft
$2,420/moest. monthly cost
$96,800/yrincome needed

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

79
WalkingVery Walkable
46
TransitSome Transit
83
BikeVery Bikeable

Schools

2/10
Logan Elementary SchoolGrades PK-50.3 mi
3/10
5/10
North Central High SchoolGrades 6-121.3 mi

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