#202521463, James Orcutt, Listing office: NAI Black
Property details
About 1222 E Marietta Ave
A ready-to-build lot offering a rare opportunity for multifamily development in a high-demand area. The property comes with a pre-approved 8-year Multi-Family Tax Exemption (MFTE). This exemption applies to the residential improvements, a significant financial benefit over its term. The property includes nearly completed fourplex plans, along with civil and structural engineering—offering a head start—or the flexibility to pursue your own design. The MFTE requires a minimum of four units to qualify for the program. There are no income or rent restrictions, allowing for market-rate development. With a growing demand for multifamily housing, this property presents an ideal opportunity for investors to capitalize on Spokane's expanding housing market.
Highlights
Summary
- List Price: $125,000
- Annual Tax Amount: $500
- Tax Year: 2024
- Lot: Level, Corner Lot, Fencing
- Directions: GPS
- Lot Size: 0.13 Acres
- MLS Number: 202516253
- MLS Name: SARMLS
- Office Name: Windermere City Group
- Office Email: citygroup@windermere.com
- Listing Agent: Ben Olney
Listings courtesy of Spokane Association of REALTORS® MLS as distributed by MLS GRID.
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Last updated on: 7/31/2025, 2:55:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
Date | Event | Price |
---|---|---|
May 30, 2024 | Home Sold | $77,500 |
Dec 23, 2021 | Home Sold | $47,500 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $50,000 | $500 |
2023 | $45,000 | $537 |
2022 | $45,000 | $536 |
History based on county public records data.
Nearby schools
1
Logan Elementary School
Public District PK-5
0.2 mi
•1001 E Montgomery Ave
3
Longfellow Elementary School
Public District PK-5
0.7 mi
•800 E Providence Ave
2
Stevens Elementary School
Public District PK-5
0.8 mi
•1717 E Sinto Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $45,724. Most Spokane, WA residents have annual incomes between $35k-100k. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.
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Frequently asked questions
About 1222 E Marietta Ave
The listing price of 1222 E Marietta Ave property is $125,000.
The property 1222 E Marietta Ave is land located in Spokane, Washington, 99207.
Active Listing: 1222 E Marietta Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1222 E Marietta Ave are: Logan Elementary School (GreatSchools Rating 1/10), Longfellow Elementary School (GreatSchools Rating 3/10), Stevens Elementary School (GreatSchools Rating 2/10), Yasuhara Middle School (GreatSchools Rating 1/10), Shaw Middle School (GreatSchools Rating 2/10), Spokane Public Montessori (GreatSchools Rating 6/10), Rogers High School (GreatSchools Rating 3/10), On Track Academy (GreatSchools Rating 5/10), North Central High School (GreatSchools Rating 6/10).
According to the records, the last property tax for 2024 is $500 (source: MLS/based on county public records data).
The last sale was on May 30, 2024 for $77,500 (source: MLS/tax record).
The property 1222 E Marietta Ave is 0.13 acres.
This home is located at 1222 E Marietta Ave in Spokane, WA and zip code 99207 in the Logan neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since May 5, 2025 and is currently priced at $125,000.
Over 120 listings were sold over their listed price in June 2025 in Spokane, WA. In the same period over 118 listings were sold below the listed price and 113 listings were sold for the listed price. Between May and June 2025, Spokane, WA real estate market has seen increase in the number of listings by 10.8%. The median list price of listings available in June 2025 was $409,925, while the average time on the real estate market was 23 days.