#202520321, Dani Shields, Listing office: Deese Real Estate
Property details
About 5724 N Nevada St
6-Bedroom, 2-Bathroom SRO Investment Property – High Cash Flow Opportunity! Well-maintained and income-generating Single Room Occupancy (SRO) property featuring 6 private bedrooms and 2 shared bathrooms. This single-family home is rented by the room, generating a gross monthly income of $4200! An SRO (Single Room Occupancy) model provides tenants with private rooms while sharing common areas such as the kitchen, bathrooms, and living spaces, making this a popular and affordable housing option. Investor Highlights: - All tenants on flexible month-to-month leases - Potential for increased cash flow and rental growth - Privately managed and well-maintained property This property is available for purchase individually or as part of a larger, high-performing rental portfolio, available at a discounted package rate. Call or Text the listing agent today to schedule a tour or request more information about this unique investment opportunity!
Highlights
Home typeMulti Family
HeatingForced Air, Hot Water
StatusActive
(New)
(New)
CoolingWindow Unit(s)
Size2,040 sqft
BasementYes
Lot size0.1 Acres
Year built1953
ParkingDetached, Garage Door Opener, Off Site
MLS #202521533
Garage2 spaces
ViewCity
Summary
- Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
- Basement: Yes
- Interior: Pantry
- Garage Space: 2 spaces
- Attached Garage: No
- Parking: Detached, Garage Door Opener, Off Site
- View: City
- Exterior: See Remarks
- Architectural Style: Ranch
- Heating: Forced Air, Hot Water
- Cooling: Window Unit(s)
- List Price: $400,000
- Price/SqFt: $196
- Annual Tax Amount: $2,798
- Tax Year: 2024
- Lot: Fencing
- Directions: GPS is accurate.
- Year Built: 1953
- Living Area: 2,040 SqFt
- Lot Size: 0.1 Acres
- MLS Number: 202521533
- MLS Name: SARMLS
- Office Name: Amplify Real Estate Services
- Office Email: wabroker@amplify-re.com
- Listing Agent: Brendan Hollenbaugh
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.
DMCA Notice
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: 8/1/2025, 4:55:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jun 30, 2022 | Home Sold | $383,000 |
| Apr 13, 2010 | Home Sold | $137,000 |
| Jul 25, 2008 | Home Sold | $69,900 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $285,800 | $2,798 |
| 2023 | $218,500 | $2,559 |
| 2022 | $218,500 | $2,559 |
| 2021 | $198,440 | $2,364 |
| 2020 | $160,630 | $1,988 |
| 2018 | $134,920 | $1,781 |
| 2017 | $122,220 | $1,879 |
History based on county public records data.
Nearby schools
7
Whitman Elementary School
Public District PK-5
0.5 mi
•5400 N Helena St
4
Lidgerwood Elementary School
Public District KG-5
0.5 mi
•5510 N Lidgerwood St
5
Madison Elementary School
Public District PK-5
1.0 mi
•319 W Nebraska 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 $42,500. The most common annual income of people living in Spokane, WA is between $35k-100k. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
37%
<35k
53%
35k-100k
9%
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?
47%
Single, No Kids
18%
Single, with Kids
19%
Married, No Kids
16%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
8%
12-17 yrs old
32%
18-34 yrs old
36%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Extreme Sports
NHRA Drag Racing
Where do the neighbors shop?
Family Dollar
Sam's Club
Big Lots
Where do the neighbors go to eat?
White Castle
Golden Corral
Church's Chicken
What do the neighbors drive?
Chevrolet
Oldsmobile
Kia
What do the neighbors listen to?
Rock
Adult Standards
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 5724 N Nevada St
The listing price of 5724 N Nevada St property is $400,000.
The property 5724 N Nevada St is a multi located in Spokane, Washington, 99208.
Active Listing: 5724 N Nevada St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5724 N Nevada St are: Whitman Elementary School (GreatSchools Rating 7/10), Lidgerwood Elementary School (GreatSchools Rating 4/10), Madison Elementary School (GreatSchools Rating 5/10), Spokane Garry Middle School (GreatSchools Rating 2/10), Shaw Middle School (GreatSchools Rating 2/10), Spokane International Academy (GreatSchools Rating 6/10), Rogers High School (GreatSchools Rating 3/10), On Track Academy (GreatSchools Rating 5/10), Shadle Park High School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2024 is $2,798 (source: MLS/based on county public records data).
The last sale was on June 30, 2022 for $383,000 (source: MLS/tax record).
The property 5724 N Nevada St is 2,040 SqFt (source: MLS/tax record).
The year of construction for 5724 N Nevada St is 1953.
This home is located at 5724 N Nevada St in Spokane, WA and zip code 99208 in the Nevada / Lidgerwood neighborhood. This 2,040 square foot home, which was built in 1953, sits on a 0.10 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since July 31, 2025 and is currently priced at $400,000.
Over 103 listings were sold over their listed price in July 2025 in Spokane, WA. In the same period over 137 listings were sold below the listed price and 96 listings were sold for the listed price. The number of listings in Spokane, WA increased by 13.6% between June and July 2025. While the average time on the market in July 2025 was 24 days, the median list price was $411,157.
From Rocket Homes Real Estate and based on county public records data.