#202424577, Ryan Towner, Listing Office: LT Real Estate
2923 N Hogan St Spokane, WA 99207
Property details
About 2923 N Hogan St
The Hogan Apartments! Low-maintenance, value-add building with strong upside potential. The property includes six 1BD/1BA units, onsite laundry, and dedicated parking for each unit plus street parking. Competitive price point offered at $115,833/unit with a 6.34% cap rate, this asset outperforms market comps averaging $128,073/unit and a 6.07% cap rate. Stabilized Asset – With rents only 2.1% below market, this turnkey property is already cash flowing. Light renovations include: New flooring, paint, and windows across units, reducing upfront capital needs. Situated in the Logan neighborhood, residents benefit from quick access to Gonzaga Prep High School, Gonzaga University, Spokane Community College, Downtown Spokane, and major transit routes. Features like onsite laundry and dedicated parking for each unit boost tenant satisfaction and improve retention. Strong rental demand. The 1 BD/1BA layouts are ideal for singles, couples, & professionals, ensuring consistent occupancy and long-term stability.
Highlights
Summary
- Basement: Yes
- Parking: Shared Driveway
- Heating: Natural Gas
- List Price: $695,000
- Price/SqFt: $221
- Annual Tax Amount: $5,230
- Tax Year: 2024
- Year Built: 1978
- Living Area: 3,144 SqFt
- Lot Size: 0.15 Acres
- MLS Number: 202420591
- MLS Name: SARMLS
- Office Name: Windermere Manito, LLC
- Office Email: manito@windermere.com
- Listing Agent: Jim Lister
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: 6/1/2025, 2:55:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$695,000
2923 N Hogan St
$8,253
closing credit¹
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Price information
Property sales
Date | Event | Price |
---|---|---|
Nov 10, 2021 | Home Sold | $632,500 |
Aug 21, 2020 | Home Sold | $370,000 |
Oct 11, 2012 | Home Sold | $177,500 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $535,200 | $5,230 |
2023 | $343,000 | $4,011 |
2022 | $343,000 | $4,011 |
2021 | $312,100 | $3,711 |
2020 | $272,000 | $3,358 |
2018 | $167,850 | $2,309 |
2017 | $164,050 | $2,336 |
History based on county public records data.
Nearby schools
1
Logan Elementary School
Public District PK-5
0.5 mi
•1001 E Montgomery Ave
3
Longfellow Elementary School
Public District PK-5
0.6 mi
•800 E Providence Ave
5
Bemiss Elementary School
Public District PK-5
0.7 mi
•2323 E Bridgeport 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 $46,579. Typical income of Spokane, WA residents is between $35k-100k annually. Most families are single, no kids. Most residents in this area have post secondary degree education.
Similar homes for sale
This home is located at 2923 N Hogan St in Spokane, WA and zip code 99207 in the Logan neighborhood. This 3,144 square foot home, which was built in 1978, sits on a 0.15 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since July 31, 2024 and is currently priced at $695,000.
Spokane, WA housing market in April 2025 saw over 114 listings sold above listed price, more than 107 sold at listed price and over 63 sold below. The number of homes for sale in Spokane, WA increased by 23.6% between March and April 2025. In April 2025 median list price was $407,615 and the average listing age was 27 days.