2022 W College Ave, Spokane, WA, 99201
About This Home
Rare Income-Producing Gem in Spokane’s West Central Neighborhood Welcome to your next smart move. This well-maintained 4-unit building sits just blocks from the vibrant Kendall Yards district; where cafés, breweries, and riverside trails are part of your daily routine. Built in 1895 and professionally managed, this property features three 1-bed/1-bath units and one 2-bed/1.5-bath space, all fully occupied. This property offers: • Prime location in a rapidly appreciating neighborhood • Alley access with detached parking; rare for multi-units in the area • Level lot (6,534 sq ft) with fenced yard space; flexible for outdoor use or future value add Imagine walking out to local dining, green spaces, and community events; your tenants will too. Financials are professionally handled and available on request. Your next chapter of passive income starts here. Schedule your private tour today. Investment opportunities like this don’t wait long.
Getting Around
Somewhat Walkable
Good Transit
BikeableSchools
Construction
Condition
- Year built: 1895
Materials
- Roof: Composition
- Construction materials: Vinyl Siding,Wood Siding
Type & Style
- Home type: MultiFamily
- Architectural style: Traditional
Interior
Appliances
- Appliances included: Free-Standing Range,Dishwasher,Refrigerator,Washer,Dryer
Basement
- Basement: None
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 4
Heating
- Heating features: Electric,Baseboard
Interior Area
- Total structure area: 2,632
- Total interior livable area: 2,632 sqft
Property
Details
- Parcel number: 25134.1310
Features
- Levels: Two
- Stories: 2
- Fencing: Fenced,Fenced Yard
- Has view: Yes
- View description: Territorial
Lot
- Lot size: 6,534 sqft
- Features: Level
Parking
- Total spaces: 1
- Parking features: Detached,Off Site,Alley Access
- Attached garage spaces: 1
- Covered spaces: 1
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
- Heat Wave
- Ice Storm
- Strong Wind
- Winter Weather
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 | $2,351 | $28,212 |
| Home Insurance * | $168 | $2,016 |
| Property Taxes | $354 | $4,248 |
| Electricity | $180 | $2,160 |
| Total | $3,053 | $36,636 |
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)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-01-19 | Price change | $475,000 |
| 2025-12-22 | Price change | $484,000 |
| 2025-11-01 | Price change | $499,000 |
| 2025-09-09 | Price change | $515,000 |
| 2025-07-25 | Listed for sale | $525,000 |
| 2019-09-18 | Sold | $210,000 |
| 2006-05-31 | Sold | $189,900 |
| 2003-02-06 | Sold | $31,900 |
| 2002-07-18 | Sold | $62,250 |
| 1999-03-31 | Sold | $38,500 |
| 1999-01-20 | Sold | $88,000 |
| 1996-01-05 | Sold | $85,000 |
View on Zillow