- 3,000
- sqft
- 1907
- year built
- Status:
- Active
- MLS #:
- 202625404
- County:
- Spokane
- Listed By:
- Spencer Millsap - REAL Broker LLC
- Office Phone:
- (855) 450-0442
- Agent Email:
- spencer@millsapgroup.com
Sponsoring Broker: Edward Donovan, Continental Real Estate Group, Inc
Investors, here’s an opportunity to add a well-maintained triplex with a solid rental history to your portfolio or house hack by living in the upstairs unit and renting out the lower 2 units to offset your costs! Situated near picturesque Underhill Park in Spokane, this property offers three comfortable 2-bedroom, 1-bath units, providing strong rental appeal and multiple income streams. One unit has been completely updated, while the property as a whole has a proven rental history and currently generates $3,750 per month. Each unit features its own gas forced-air furnace, allowing for individual heating control and helping provide efficient, reliable heating for tenants. Operating expenses include approximately $400 per month for water, sewer, and garbage, $50 per month for common-area electricity, and $3250 for insurance. The currently vacant upstairs unit creates a unique opportunity for an owner-occupant and with the 1 car garage in the back it gives the opportunity for you or additional income.
Highlights
- Residential Income
- Built in 1907
- 0.16 Acre Lot
- 1 Car Garage
- 34 days on Market
-
- Year Built
- 1907
-
- Stories
- 2.0
-
- Architectural Style
- Victorian
-
- Construction Materials
- Wood Siding
-
- Garage Spaces
- 1.0
-
- Parking Features
- Detached, Off Site, Alley Access
-
- Living Area
- 3000.0
-
- Interior Features
- High Speed Internet, Pantry, Kitchen Island, In-Law Floorplan
-
- Appliances
- Dryer, Dishwasher, Refrigerator, Washer, Free-Standing Range
-
- Heating
- Ductless, Baseboard, Electric
-
- Basement
- Partial
-
- Acres
- 0.16
-
- Lot Features
- Level
-
- Utilities
- Cable Available
-
- Area
- A210/030
-
- County
- Spokane
-
- City
- Spokane
-
- Zip Code
- 99202
-
- High School
- Lewis & Clark
-
- Middle School
- Chase
-
- Elementary School
- Franklin
-
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Estimated Value
$346,109
Estimated Sales Price Range:
$276,887 - $415,330
Source: Constellation Data Labs
Price History
| 10/06/2026 | Listed | $425,000 |
| Source: Spokane Association of REALTORS #202625404 | ||
| 08/14/2024 | Sold | $350,000 |
| Source: Spokane Association of REALTORS #202419432 | ||
| 07/09/2024 | Listed | $350,000 |
| Source: Spokane Association of REALTORS #202419432 | ||
| 09/17/2019 | Sold | $170,000 |
| Source: Spokane Association of REALTORS #201916042 | ||
| 09/17/2019 | Price Changed | $175,000 |
| Source: Spokane Association of REALTORS #201916042 | ||
| 05/13/2019 | Listed | $200,000 |
| Source: Spokane Association of REALTORS #201916042 | ||
Source: MLS Data
Deed History
| 12/05/2024 | Warranty Deed | $0 |
| 08/14/2024 | Warranty Deed | $350,000 |
| 09/16/2019 | Intrafamily Transfer - Transaction is between related parties for any reason & no consideration. | $0 |
| 09/16/2019 | Warranty Deed | $170,000 |
| 04/11/2019 | Quit Claim Deed (non-arm's length) | $0 |
| 02/17/2011 | Quit Claim Deed (non-arm's length) | $0 |
| 06/02/2010 | Intrafamily Transfer - Transaction is between related parties for any reason & no consideration. | $0 |
| 05/17/2010 | Warranty Deed | $0 |
| 04/06/2007 | Warranty Deed | $0 |
| 06/02/2006 | Warranty Deed | $125,000 |
| 06/02/2006 | Intrafamily Transfer - Transaction is between related parties for any reason & no consideration. | $0 |
Source: Public records via Constellation Data Labs
Mortgage History
| 08/14/2024 | Conventional | $297,500 |
| 09/16/2019 | Commercial | $118,500 |
| 06/02/2010 | Conventional | $95,600 |
| 06/02/2006 | Conventional | $100,000 |
| 06/02/2006 | Stand Alone Second / Subordinate Position | $12,500 |
Source: Public records via Constellation Data Labs
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There are currently 1303 properties available in Spokane, with 16 under contract to close soon. Properties in the city have an average sale price of $432,380 and typically spend 67 days on the market before being sold.
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Source: ez Home Search, MLS Data
Frequently Asked Questions
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How do I get more information about 2718 E 5th Ave?
Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $425,000. We can talk through recent upgrades, potential seller motivation, how this residential income compares to others in Spokane, and can even get you in to see the property quickly.
How much is the monthly mortgage payment for 2718 E 5th Ave?
With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 2718 E 5th Ave at around $2,419. This includes estimated property taxes and insurance.
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Can I negotiate the asking price for 2718 E 5th Ave?
In most cases, yes. Whether 2718 E 5th Ave is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Spokane's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.
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What is the price per square foot for this home?
This home is listed at $425,000 with 3,000 sqft of space—that comes out to approximately $142 per square foot.
How long has this property been on the market?
2718 E 5th Ave was listed on October 06, 2026, which means it's been on the market for 34 days.
Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.
When was this house built?
This home was built in 1907, making it approximately 119 years old.
What is the lot size of this property?
2718 E 5th Ave sits on a 0.16-acre lot, which is 6,970 square feet.
What schools are assigned to this property?
Based on MLS info, this home is zoned for:
- Elementary: Franklin
- Middle: Chase
- High: Lewis & Clark
Want to see how these schools compare? Check out our Spokane County School Guide to see ratings, reviews, and more for the schools in the area.
Is 2718 E 5th Ave still available for sale?
Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.
Source: ez Home Search, MLS Data
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Listing information 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. Information deemed reliable but not guaranteed by the MLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Copyright 2026, Spokane Association of REALTORS. All rights reserved.
Last Updated: November 09, 2026 at 11:45AM | Source: Spokane Association of REALTORS | MLS#: 202625404
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