#202423395, Dallas Lightner, Listing office: LT Real Estate
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
(New)
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
Listings courtesy of Spokane Association of REALTORS® MLS as distributed by MLS GRID.
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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
Date | Event | Price |
---|---|---|
Oct 20, 2016 | Home Sold | $270,000 |
Apr 28, 2006 | Home Sold | $325,000 |
Mar 18, 2005 | Home Sold | $350,000 |
Tax history
Year | Assessment | Property 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.
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.
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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.