$4,038 Closing Credit¹
#202512469, Janet Robel, Listing Office: Keller Williams Spokane - Main
#2339949·
Listing Office: Keller Williams Realty Bothell·
Listing Agent: Corey Crain·
Listing Office Phone: 425-482-6100
$2,100,000 List price
4822 N Nelson St Spokane, WA 99217
$10,000
Closing credit¹
0.5 acres
House
Property details
About 4822 N Nelson St
This 21-unit complex at 2824 E Wabash Ave and 4822 N Nelson St in Spokane offers an excellent investment opportunity. Priced at $2.1M, it’s well below market value, creating immediate equity potential. Comparable properties in the area have sold for $140,000–$175,000 per unit, making this an attractive deal. The complex features updated units with modern flooring, appliances, and fresh paint, while still allowing room for further improvements. With Spokane’s growing economy and rental demand, a new owner can enhance operations, raise rents, and increase NOI. This is a rare chance for significant upside in a thriving market.
Highlights
HeatingBaseboard
StatusActive
Lot size0.4821 Acres
Year built1973
MLS #2339949
Summary
- MLS Number: 2339949
- MLS Name: NWMLS
- Office Name: Keller Williams Realty Bothell
- Office Phone: (425) 482-6100
- Listing Agent: Corey Crain
Listings courtesy of Northwest Multiple Listing Service 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 website comes in part from the Internet Data Exchange program of Northwest Multiple Listing Service IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2025 Northwest MLS. All rights reserved.
DMCA Notice
Disclaimer: Information contained in this listing has not been verified by Rocket Homes Real Estate, LLC and should be verified by the buyer. All information deemed reliable but not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. All properties are subject to prior sale, change or withdrawal. Neither broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Days on site is calculated from the listing date of the current listing and includes the sum of market time from prior listings for the same property uninterrupted by a sale or more than 60 days off-market. Time off market, including time when a sale is pending, temporarily off market, etc. is not included. NorthwestMLS
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/10/2025, 2:17:51 PM 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
$2,100,000
4822 N Nelson St
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| May 03, 2016 | Home Sold | $820,800 |
| Aug 09, 2004 | Home Sold | $640,000 |
| May 24, 2002 | Home Sold | $201,648 |
| Sep 16, 1999 | Home Sold | $280,000 |
| Nov 06, 1995 | Home Sold | $285,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $1,058,700 | $10,334 |
| 2023 | $703,500 | $8,214 |
| 2022 | $703,500 | $8,214 |
| 2021 | $694,700 | $8,246 |
| 2020 | $616,600 | $7,598 |
| 2018 | $470,000 | $6,034 |
| 2017 | $395,400 | $6,530 |
History based on county public records data.
Nearby schools
2
Regal Elementary School
Public District PK-5
0.3 mi
•2707 E Rich Ave
7
Whitman Elementary School
Public District PK-5
0.9 mi
•5400 N Helena St
5
Bemiss Elementary School
Public District PK-5
0.9 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 $32,456. Residents of Spokane, WA typically earn less than $<35k each year. The most common type of family is single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
54%
<35k
40%
35k-100k
5%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
50%
Single, No Kids
18%
Single, with Kids
20%
Married, No Kids
12%
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
28%
18-34 yrs old
39%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Horse Races
Pro Boxing
Where do the neighbors shop?
Books-a-Million
Stein Mart
Family Dollar
Where do the neighbors go to eat?
Church's Chicken
LongHorn Steakhouse
White Castle
What do the neighbors drive?
Toyota
Buick
Chevrolet
What do the neighbors listen to?
Adult Hits
Contemporary Inspirational
Rock
All data provided by Home Junction and Claritas
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Frequently asked questions
About 4822 N Nelson St
This home is located at 4822 N Nelson St in Spokane, WA and zip code 99217 in the Hillyard neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since March 8, 2025 and is currently priced at $2,100,000.
In February 2025, from all listings sold in Spokane, WA there were more than 62 sold above asking price, over 73 sold below and more than 59 were sold right at the asked price. Between January and February 2025, Spokane, WA real estate market has seen increase in the number of listings by 1.6%. In February 2025 median list price was $406,567 and the average listing age was 36 days.
From Rocket Homes Real Estate and based on county public records data.