306 E Olympic Ave #2
Spokane, WA 99207
Nevada-Lidgerwood- 5 Beds
- 3 Baths
- 890 sqft
5 Beds
3 Baths
890 sqft
Local Information
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Description
Welcome to an exceptional investment opportunity in a prime location! Selling as is needs new roof. This duplex offers an ideal prospect for investors or flippers seeking potential returns. Can easily be transitioned into a triplex or four plex. The front unit is currently rented at $1550, providing immediate income and has not had a rate increase in a few years. Meanwhile, the back unit is empty now after tenant was there for 14 years so it awaits cosmetic updating, presenting an excellent chance for value addition. Partial fence for both units, 1706 total square ftas has a large basement, cement siding, will need a new roof. Both units are gas and have wood burning fire places, Please call 4256529200
Potential for Expansion:
Unlock the property's full potential by easily converting it into a triplex or even a fourplex. With existing infrastructure, including a door providing access to the basement, the transition is streamlined. Seize the opportunity to maximize rental income in this location behind Northtown Mall so close to bus lines and 6 blocks from the Hospital
Convenient Amenities:
Equipped with laundry hookups in both units downstairs, tenants enjoy added convenience. Each unit also includes storage space, ensuring practicality and functionality. Additionally, a carport for two vehicles adds further appeal, complementing the property's convenience and value which includes storage for each unit Access to back alley.
Location:
Situated just one block from Northtown and a mere six blocks from the hospital, this property offers unparalleled accessibility. Cement siding ensures durability and low maintenance, enhancing the property's long-term value.
Don't Miss Out:
Whether you're an investor looking to expand your portfolio or a flipper seeking a lucrative project, this duplex presents an unmissable opportunity. Act now and capitalize on the potential of this versatile property!
Contact us today to schedule a viewing and explore the possibilities this property holds.
Potential for Expansion:
Unlock the property's full potential by easily converting it into a triplex or even a fourplex. With existing infrastructure, including a door providing access to the basement, the transition is streamlined. Seize the opportunity to maximize rental income in this location behind Northtown Mall so close to bus lines and 6 blocks from the Hospital
Convenient Amenities:
Equipped with laundry hookups in both units downstairs, tenants enjoy added convenience. Each unit also includes storage space, ensuring practicality and functionality. Additionally, a carport for two vehicles adds further appeal, complementing the property's convenience and value which includes storage for each unit Access to back alley.
Location:
Situated just one block from Northtown and a mere six blocks from the hospital, this property offers unparalleled accessibility. Cement siding ensures durability and low maintenance, enhancing the property's long-term value.
Don't Miss Out:
Whether you're an investor looking to expand your portfolio or a flipper seeking a lucrative project, this duplex presents an unmissable opportunity. Act now and capitalize on the potential of this versatile property!
Contact us today to schedule a viewing and explore the possibilities this property holds.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources.
Home Highlights
Parking
No Info
Outdoor
No Info
HOA
None
Price/Sqft
No Info
Listed
No Info
Home Details for 306 E Olympic Ave #2
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Interior Details Basement |
Appliances & Utilities DishwasherRefrigerator |
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Year Built Year Built: 1976 |
Property Type / Style Property Type: Multi Family |
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Parking & Garage Parking Spaces: 2Parking: Carport |
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Lot Area: 5950 sqft |
Price History for 306 E Olympic Ave #2
| Date | Price | Event | Source |
|---|---|---|---|
| 06/01/2024 | ListingRemoved | N/A | |
| 05/13/2024 | $325,000 | Listed For Sale | N/A |
Comparable Sales for 306 E Olympic Ave #2
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.30 | Multi-Family Home | $330,000 | 02/19/26 | 4 | 2 | 1,664 | |
0.44 | Multi-Family Home | $362,174 | 09/25/25 | 4 | 3 | 1,560 | |
0.38 | Multi-Family Home | $340,000 | 10/03/25 | 4 | 2 | 1,664 | |
0.45 | Multi-Family Home | $362,174 | 09/25/25 | 4 | 3 | 3,120 | |
0.38 | Multi-Family Home | $340,000 | 10/03/25 | 4 | 2 | 3,328 | |
0.44 | Multi-Family Home | $261,000 | 06/30/25 | 6 | 4 | 3,456 | |
0.67 | Multi-Family Home | $200,000 | 10/08/25 | 4 | 2 | 1,684 | |
0.31 | Multi-Family Home | $319,000 | 10/17/25 | 2 | 1 | 1,664 | |
0.71 | Multi-Family Home | $40,000 | 10/29/25 | 4 | 2 | 1,683 | |
0.32 | Multi-Family Home | $319,000 | 10/17/25 | 4 | 2 | - |
Assigned Schools
These are the assigned schools for 306 E Olympic Ave #2.
What Locals Say about Nevada-Lidgerwood
At least 309 Trulia users voted on each feature.
84 % Say there are sidewalks
82 % Say it's dog friendly
79 % Say parking is easy
75 % Say car is needed
74 % Say yards are well-kept
71 % Say kids play outside
64 % Say there's holiday spirit
62 % Say it's walkable to grocery stores
53 % Say it's walkable to restaurants
51 % Say streets are well-lit
49 % Say neighbors are friendly
48 % Say it's quiet
44 % Say people would walk alone at night
38 % Say they plan to stay for at least 5 years
24 % Say there's wildlife
16 % Say there are community events
Learn more about our methodology.
LGBTQ Local Legal Protections
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Apartments for Rent
Homes for sale near 306 E Olympic Ave #2
Homes for rent near 306 E Olympic Ave #2
Off Market Homes Near 306 E Olympic Ave #2
Explore by feature
306 E Olympic Ave #2, Spokane, WA 99207 is a 5 bedroom, 3 bathroom, 890 sqft multi-family built in 1976. 306 E Olympic Ave #2 is located in Nevada-Lidgerwood, Spokane. This property is not currently available for sale. The current Trulia Estimate for 306 E Olympic Ave #2 is $374,300.

