$450,000

503 S Mckinnon Rd Spokane, WA 99212

$5,344
Closing credit¹
1,370 sqft
0.9 acres
$328 / sqft
Multi-Family

Property details

About 503 S Mckinnon Rd

Close your eyes and visualize your dreams in this spacious property which may offer you a fantastic opportunity for rental income/ development. Situated on nearly 1 acre of land, the property features a 4-bedroom, 2-bathroom home and is in a convenient, central location. With the added advantage of three stubbed sewer lines, this land is primed to be a great development opportunity, making it an ideal investment! The property is located in a multi-family zoned location and the county has approved it for 19 apartments. Looking to expand your portfolio or create a multi-unit rental property, the groundwork has already been laid. Adjacent to numerous businesses, retail, dining, schools, and is a very easy drive to the freeway. Dont miss your opportunity

Highlights

Home typeMulti Family
HeatingGas, Electric, Forced Air
StatusActive
Size1,370 sqft
BasementYes
Lot size0.93 Acres
Year built1945
ParkingDetached, RV Parking, Off Site
MLS #202510887
Garage1 space
FireplacePellet Stove

Summary

  • MLS Number: 202510887
  • MLS Name: SARMLS
  • Office Name: Keller Williams Spokane - Main
  • Office Phone: (509) 458-4000
  • Office Email: firmbroker@kwspokane.com
  • Listing Agent: Jelena Uzelac

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: 3/15/2025, 2:55:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$450,000

503 S Mckinnon Rd

$5,344

closing credit¹

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0.5% sale price²

Price information

Property sales

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Tax history

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Nearby schools

4

Frances L. N. Scott Elementary School

Public District PK-5

1.1 mi

3737 E 5th Ave

2

Seth Woodward Elementary School

Public District 1-5

1.8 mi

7401 E Mission Ave

6

Lincoln Heights Elementary School

Public District PK-5

1.9 mi

3322 E 22nd 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 $36,047. Typical income of Spokane, WA residents is less than $<35k annually. Most families are single, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

49%
<35k
42%
35k-100k
10%
100k-200k
0%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

59%
Single, No Kids
13%
Single, with Kids
18%
Married, No Kids
10%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
6%
12-17 yrs old
26%
18-34 yrs old
43%
35-64 yrs old
12%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Figure SkatingFigure Skating
  • Horse RacesHorse Races

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Chico'sChico's
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Bob EvansBob Evans
  • LongHorn SteakhouseLongHorn Steakhouse

What do the neighbors drive?

  • ChevroletChevrolet
  • OldsmobileOldsmobile
  • BuickBuick

What do the neighbors listen to?

  • RockRock
  • NewsNews
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 503 S Mckinnon Rd in Spokane, WA and zip code 99212. This 1,370 square foot home, which was built in 1945, sits on a 0.93 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since January 16, 2025 and is currently priced at $450,000.

While more than 12 listings in Spokane, WA in February 2025 were sold above asking price, there were more than 14 listings sold at asking price, and more than 17 were sold below. In February 2025 in Spokane, WA there were 8.7% more homes for sale than in January. In February 2025, listings were on the market for 42 days. During the same period, the median list price in this real estate market was $425,375.

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

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