$525,000

1524 W Dean Ave Spokane, WA 99201

$6,234
Closing credit¹
3,140 sqft
0.1 acres
$167 / sqft
Multi-Family

Property details

About 1524 W Dean Ave

Please do not disturb tenants. Updated and fully rented 4-plex near Kendall Yards – a prime investment opportunity. Total rents: $3,900/month. Total expenses: ~$1100/month. Don't miss out on this turnkey 4-plex just minutes from Spokane's vibrant Kendall Yards neighborhood. The property offers an ideal unit mix: two 2-bed/1-bath units, one 1-bed/1-bath unit, and a studio—each fully rented with leases in place. All units have been thoughtfully updated with new flooring, interior paint, fixtures, and electric heaters. A new roof was installed in 2022, and water heaters were replaced in 2021. With strong rental income, low vacancy, and an unbeatable location near downtown, parks, and amenities, this property is an excellent addition to any investment portfolio, whether for buy-and-hold or house hacking. Owner is a WA real estate agent. Sale is part of a 1031 exchange.

Highlights

Home typeMulti Family
HeatingElectric, Baseboard
StatusActive
CoolingWindow Unit(s)
Size3,140 sqft
BasementYes
Lot size0.14 Acres
Year built1904
ParkingOff Site, Alley Access
MLS #202513868
ViewCity

Summary

  • MLS Number: 202513868
  • MLS Name: SARMLS
  • Office Name: Silvercreek Realty Group
  • Office Email: broker@silvercreekrealty.com
  • Listing Agent: Thomas Rogers

IDX Listings courtesy of Spokane Association of REALTORS® MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

Broker Reciprocity The data relating to real estate for sale on this web site comes in part from the Spokane Association of REALTORS®. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the SARMLS. Real estate listings held by other brokerage firms are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Copyright 2025 Spokane Association of REALTORS® MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/5/2025, 12:10:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front facade with a front lawn and a porch

$525,000

1524 W Dean Ave

$6,234

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Jan 29, 2021
Home Sold
$320,000
Aug 07, 2009
Home Sold
$100,000
Jun 06, 2006
Home Sold
$169,900
Jun 07, 2005
Home Sold
$128,000
Dec 03, 2004
Home Sold
$103,000
Mar 19, 2004
Home Sold
$90,000

Tax history

YearAssessmentProperty Tax
2024$405,700$3,967
2023$244,700$2,865
2022$244,700$2,865
2021$180,500$2,151
2020$166,600$2,061
2018$165,600$1,981
2017$165,600$2,305

History based on county public records data.

Nearby schools

2

Holmes Elementary School

Public District PK-5

0.7 mi

2600 W Sharp Ave

2

Audubon Elementary School

Public District PK-5

1.0 mi

2020 W Carlisle Ave

4

Garfield Elementary School

Public District PK-5

1.2 mi

222 W Knox Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $25,743. Typical income of Spokane, WA residents is less than $<35k annually. Typical family type is single, no kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

67%
<35k
19%
35k-100k
7%
100k-200k
7%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

77%
Single, No Kids
12%
Single, with Kids
8%
Married, No Kids
3%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

7%
<11 yrs old
6%
12-17 yrs old
40%
18-34 yrs old
37%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • UFCUFC
  • Pro WrestlingPro Wrestling

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • BurlingtonBurlington
  • Express/Express For MenExpress/Express For Men

Where do the neighbors go to eat?

  • Church's ChickenChurch's Chicken
  • Burger KingBurger King
  • Cicis PizzaCicis Pizza

What do the neighbors drive?

  • CadillacCadillac
  • BuickBuick
  • PontiacPontiac

What do the neighbors listen to?

  • JazzJazz
  • Urban ContemporaryUrban Contemporary
  • NewsNews
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 1524 W Dean Ave in Spokane, WA and zip code 99201 in the West Central neighborhood. This 3,140 square foot home, which was built in 1904, sits on a 0.14 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since March 27, 2025 and is currently priced at $525,000.

Spokane, WA housing market in March 2025 saw over 89 listings sold above listed price, more than 74 sold at listed price and over 84 sold below. Between February and March 2025, Spokane, WA real estate market has seen increase in the number of listings by 23%. Listings spent 30 days on the market in March 2025, and had a median list price of $407,233 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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