Redfin is joining Rocket

Discover how we're simplifying your journey home.

$1,395,000

903 S Adams St Spokane, WA 99204

5,836 sqft
0.1 acres
$239 / sqft
Multi-Family

Property details

About 903 S Adams St

Step into a rare investment opportunity with this historic Tudor mansion—formerly the Martin Woldson mansion—now transformed into a high-performing multifamily asset. This iconic property includes 7 one-bedroom units, 1 spacious two-bedroom unit, and 1 charming studio, generating a combined monthly income of $9,438. Inside, residents enjoy vaulted 9-foot ceilings on the main and top floors, adding grandeur and openness to each unit. On-site laundry facilities provide added convenience, and the character-rich architecture offers timeless curb appeal and tenant retention. This is more than just a rental—it's a chance to own a piece of Spokane’s history while benefiting from stable cash flow and future upside. Seller financing available.

Highlights

Home typeMulti Family
HeatingElectric
StatusActive
(New)
Size5,836 sqft
BasementYes
Lot size0.15 Acres
Year built1917
ParkingOff Site, Shared Driveway
MLS #202520325

Summary

  • Appliances: Range, Dishwasher, Refrigerator
  • Basement: Yes
  • Parking: Off Site, Shared Driveway
  • Architectural Style: Tudor
  • Heating: Electric
  • List Price: $1,395,000
  • Price/SqFt: $239
  • Annual Tax Amount: $5,752
  • Tax Year: 2024
  • Lot: Corner Lot
  • Year Built: 1917
  • Stories: 3
  • Living Area: 5,836 SqFt
  • Lot Size: 0.15 Acres
  • MLS Number: 202520325
  • MLS Name: SARMLS
  • Office Name: LT Real Estate
  • Office Email: ryan@ltrealestateco.com
  • Listing Agent: Ryan Towner

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.

DMCA Notice

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: 7/13/2025, 9:40:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Oct 20, 2016
Home Sold
$270,000
Apr 28, 2006
Home Sold
$325,000
Mar 18, 2005
Home Sold
$350,000

Tax history

YearAssessmentProperty Tax
2024$588,800$5,752
2023$426,000$4,979
2022$426,000$4,979
2021$429,300$5,100
2020$402,300$4,961
2018$344,900$4,735
2017$333,300$4,794

History based on county public records data.

Nearby schools

5

Roosevelt Elementary School

Public District PK-5

0.8 mi

333 W 14th Ave

9

Wilson Elementary School

Public District KG-5

1.1 mi

911 W 25th Ave

2

Holmes Elementary School

Public District PK-5

1.8 mi

2600 W Sharp 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 $40,377. Most Spokane, WA residents have annual incomes less than $<35k. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

46%
<35k
42%
35k-100k
11%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

59%
Single, No Kids
11%
Single, with Kids
15%
Married, No Kids
15%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
7%
12-17 yrs old
36%
18-34 yrs old
37%
35-64 yrs old
5%
65+ yrs old

What do the neighbors do for fun?

  • NBA/WNBANBA/WNBA
  • SoccerSoccer
  • Continuing Education CoursesContinuing Education Courses

Where do the neighbors shop?

  • Express/Express For MenExpress/Express For Men
  • Forever 21Forever 21
  • H&MH&M

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • Dominos PizzaDominos Pizza
  • QdobaQdoba

What do the neighbors drive?

  • PontiacPontiac
  • MazdaMazda
  • VolkswagenVolkswagen

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • AlternativeAlternative
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 903 S Adams St

The listing price of 903 S Adams St property is $1,395,000.

The property 903 S Adams St is a multi located in Spokane, Washington, 99204.

Active Listing: 903 S Adams St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 903 S Adams St are: Roosevelt Elementary School (GreatSchools Rating 5/10), Wilson Elementary School (GreatSchools Rating 9/10), Holmes Elementary School (GreatSchools Rating 2/10), Yasuhara Middle School (GreatSchools Rating 1/10), Sacajawea Middle School (GreatSchools Rating 7/10), Spokane Public Montessori (GreatSchools Rating 6/10), Lewis & Clark High School (GreatSchools Rating 7/10), Bryant Center (GreatSchools Rating 8/10), Pride Preparatory School (GreatSchools Rating 7/10).

According to the records, the last property tax for 2024 is $5,752 (source: MLS/based on county public records data).

The last sale was on October 20, 2016 for $270,000 (source: MLS/tax record).

The property 903 S Adams St is 5,836 SqFt (source: MLS/tax record).

The year of construction for 903 S Adams St is 1917.

This home is located at 903 S Adams St in Spokane, WA and zip code 99204 in the Cliff / Cannon neighborhood. This 5,836 square foot home, which was built in 1917, sits on a 0.15 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since July 10, 2025 and is currently priced at $1,395,000.

Spokane, WA housing market in June 2025 saw over 120 listings sold above listed price, more than 113 sold at listed price and over 118 sold below. Between May and June 2025, Spokane, WA real estate market has seen increase in the number of listings by 10.8%. The median list price of listings available in June 2025 was $409,925, while the average time on the real estate market was 23 days.

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

More resources