$7,719 Closing Credit¹
#202424687, Ryan Towner, Listing Office: LT Real Estate
$775,000 List price
1605 N Madison St Spokane, WA 99201
$9,203
Closing credit¹
0.1 acres
Multi-Family
Property details
About 1605 N Madison St
Great Income Potential on 9 Units! All Brick! Low maintenance complex! 7 Studio units, 1 Single bedroom 1 bath unit, and 1 2 bedroom 1 bath. 8 units have fire places. All units have been upgraded or remodeled! Laundry on-site with coin operated Washer and Dryer for added income. Still a big opportunity! New roof 2020 March 2024! Sewer Hydro Cleaned and Scoped 5/7/2020 with B+ Rating!
Highlights
Home typeMulti Family
HeatingGas, Electric
StatusActive
BasementYes
Lot size0.11 Acres
Year built1905
ParkingOff Site, Alley Access
MLS #202512002
FireplaceGas
ViewTerritorial
Summary
- MLS Number: 202512002
- MLS Name: SARMLS
- Office Name: Coldwell Banker Tomlinson
- Office Email: Firm@Cbspokane.com
- Listing Agent: Barb Christensen
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.
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: 2/22/2025, 1:55:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$775,000
1605 N Madison St
$9,203
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jan 15, 2016 | Home Sold | $255,000 |
| Jul 15, 2005 | Home Sold | $150,000 |
| Jul 19, 2002 | Home Sold | $138,000 |
| Nov 01, 1999 | Home Sold | $156,500 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $620,800 | $6,064 |
| 2023 | $411,500 | $4,810 |
| 2022 | $411,500 | $4,810 |
| 2021 | $359,800 | $4,276 |
| 2020 | $250,100 | $3,088 |
| 2018 | $231,800 | $2,955 |
| 2017 | $168,900 | $3,224 |
History based on county public records data.
Nearby schools
4
Garfield Elementary School
Public District PK-5
0.7 mi
•222 W Knox Ave
2
Audubon Elementary School
Public District PK-5
0.8 mi
•2020 W Carlisle Ave
2
Holmes Elementary School
Public District PK-5
1.0 mi
•2600 W Sharp 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 $17,575. The most common annual income of people living in Spokane, WA is less than $<35k. The majority of families are single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
82%
<35k
14%
35k-100k
3%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
61%
Single, No Kids
19%
Single, with Kids
9%
Married, No Kids
11%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
7%
12-17 yrs old
31%
18-34 yrs old
41%
35-64 yrs old
5%
65+ yrs old
What do the neighbors do for fun?
UFC
Pro Wrestling
Continuing Education Courses
Where do the neighbors shop?
Family Dollar
Burlington
Express/Express For Men
Where do the neighbors go to eat?
Burger King
Cicis Pizza
Qdoba
What do the neighbors drive?
Buick
Pontiac
Volkswagen
What do the neighbors listen to?
Urban Contemporary
Rhythmic Contemporary Hits
Jazz
All data provided by Home Junction and Claritas
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This home is located at 1605 N Madison St in Spokane, WA and zip code 99205 in the West Central neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since February 15, 2025 and is currently priced at $775,000.
Over 45 listings were sold over their listed price in January 2025 in Spokane, WA. In the same period over 101 listings were sold below the listed price and 52 listings were sold for the listed price. The inventory of homes for sale in Spokane, WA between December and January 2025 increased by 16.9%. In January 2025 median list price was $405,260 and the average listing age was 44 days.
From Rocket Homes Real Estate and based on county public records data.