$549,899
Original price: $549,900
- 8 Beds
- 4 Baths
- 2,984 sqft (on 0.35 acres)
7314 E 7th Ave, Spokane, WA 99212
Est. Mortgage $3,410/mo*
Get Pre-QualifiedHome Highlights
Multi-Family
Built in 1942
0.35 acre lot
$184/sqft
Local Information
-- mins to
About this House
Cash-flow opportunity in Spokane Valley! Don't miss this fully occupied 4-unit investment property featuring two side-by-side duplexes in a highly desirable location adjacent to Edgecliff Park. With a strong rental history, this is an excellent addition to any investment portfolio or a great opportunity for a first-time multifamily investor. Each of the four units offers 2 bedrooms, 1 bathroom, private laundry, and functional floor plans that attract long-term tenants. The property provides ample off-street parking, a shared courtyard between the buildings, and sits on a quiet dead-end street for added privacy and appeal. Tenants love the convenience of being just minutes from shopping, restaurants, schools, parks, and easy commuting routes, making this a consistently desirable rental location. Whether you're looking to expand your portfolio or secure a stable income-producing property, this Spokane Valley fourplex is one you don't want to miss.
Last check for updates: about 17 hours ago
Listing courtesy of Lenae Thornton, (509) 209-0741
Keller Williams Spokane - Main
Source: SMLS as distributed by MLS GRID, MLS#202622051

Also Listed on SMLS as distributed by MLS GRID.
Home Details for 7314 E 7th Ave
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MLS Status: Active |
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Interior Details Basement: NoneNumber of Rooms: 1Types of Rooms: Master Bedroom |
Beds & Baths Number of Bedrooms: 8Number of Bathrooms: 4 |
Dimensions and Layout Living Area: 2984 Square Feet |
Appliances & Utilities Appliances: Free-Standing Range, RefrigeratorRefrigerator |
Heating & Cooling Heating: Natural Gas,Forced AirNo CoolingHas HeatingHeating Fuel: Natural Gas |
Fireplace & Spa No Fireplace |
Levels, Entrance, & Accessibility Stories: 1Levels: One |
View Has a ViewView: City |
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Exterior Home Features Roof: Composition |
Parking & Garage Parking: Off Site |
Frontage Road Frontage: City StreetRoad Surface Type: Paved |
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Days on Market: 46 |
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Year Built Year Built: 1942 |
Property Type / Style Property Type: Residential IncomeArchitecture: Ranch |
Building Construction Materials: Wood Siding |
Property Information Parcel Number: 35241.4001 |
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Price List Price: $549,899Price Per Sqft: $184 |
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Direction & Address City: Spokane Valley |
School Information Elementary School: Lincoln HeightsElementary School District: Spokane Dist 81Jr High / Middle School: ChaseHigh School: Ferris |
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Listing Agent Listing ID: 202622051 |
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Building Area Building Area: 2984 Square Meters |
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Lot Area: 0.35 acres |
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Listing Terms: Conventional, Cash, Exchange |
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Mls Number: 202622051Attribution Contact: Phone: 509-209-0741 |
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HOA Amenities: None |
Around this home
What Locals Say about Spokane Valley
At least 454 Trulia users voted on each feature.
90 % Say it's dog friendly
86 % Say car is needed
84 % Say parking is easy
82 % Say yards are well-kept
79 % Say there's holiday spirit
74 % Say kids play outside
61 % Say it's quiet
60 % Say people would walk alone at night
58 % Say it's walkable to grocery stores
56 % Say neighbors are friendly
53 % Say there's wildlife
51 % Say there are sidewalks
51 % Say they plan to stay for at least 5 years
47 % Say streets are well-lit
43 % Say it's walkable to restaurants
21 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
Market trends in Spokane Valley
Last updated August 2026
Avg. sale price
$428K
$5KMoM
Sale-to-List Price
100.0%
Price per sq ft
$210
$5MoM
Available listings
393
24MoM
Home Value
Trulia Estimate
$533KSince last month
Decreased$2K (-0.3%)Since last year
Increased$21K (+4%)Since last sale
Increased$38K (+7.7%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +165% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $533K |
| August 2026 | $535K |
| July 2026 | $505K |
| June 2026 | $516K |
| May 2026 | $509K |
| April 2026 | $504K |
| March 2026 | $500K |
| February 2026 | $499K |
| January 2026 | $493K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
1.27 | Multi-Family Home | $285,000 | 07/31/26 | 6 | 4 | 3,576 | |
1.48 | Multi-Family Home | $540,000 | 03/30/26 | 6 | 4 | 2,364 | |
1.60 | Multi-Family Home | $575,000 | 05/07/26 | 6 | 4 | 4,120 | |
1.81 | Multi-Family Home | $506,450 | 10/31/25 | 7 | 4 | 3,680 | |
0.90 | Multi-Family Home | $355,350 | 02/13/26 | 4 | 2 | - | |
1.74 | Multi-Family Home | $271,000 | 09/04/26 | 8 | 2 | 3,318 | |
1.28 | Multi-Family Home | $445,000 | 03/11/26 | 4 | 3 | - |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.04 | $386,100 | 5 | - | - | Off Market | |
0.07 | $328,200 | 3 | 1 | 1,824 | Off Market | |
0.09 | $248,200 | 1 | - | 1,248 | Off Market | |
0.09 | $315,000 | 3 | 1 | 1,278 | Recently Sold | |
0.06 | $355,500 | 3 | 2 | 1,832 | Off Market | |
0.08 | $333,700 | 3 | - | 1,300 | Off Market | |
0.10 | $349,400 | 4 | - | 1,872 | Off Market | |
0.13 | $310,000 | 2 | 1 | 1,584 | Recently Sold | |
0.13 | $354,800 | 4 | - | 1,724 | Off Market | |
0.09 | $675,000 | Studio | - | - | For Sale | |
0.09 | $325,000 | 2 | 1 | 872 | Recently Sold |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Sep 9, 2026 Source: SMLS as distributed by MLS GRID #202622051 | PriceChange | $549,899 Price decreased by 0% |
Aug 3, 2026 Source: SMLS as distributed by MLS GRID #202622051 | Listed For Sale | $549,900 |
Dec 30, 2024 Source: SMLS as distributed by MLS GRID #202411236 | ListingRemoved | $649,898 |
Dec 23, 2024 Source: SMLS as distributed by MLS GRID #202411236 | PendingToActive | $649,898 |
Dec 18, 2024 Source: SMLS as distributed by MLS GRID #202411236 | Pending | $649,898 |
Dec 11, 2024 Source: SMLS as distributed by MLS GRID #202411236 | PriceChange | $649,898 Price decreased by 0% |
Dec 4, 2024 Source: SMLS as distributed by MLS GRID #202411236 | PriceChange | $649,899 Price decreased by 0% |
Nov 19, 2024 Source: SMLS as distributed by MLS GRID #202411236 | PriceChange | $649,900 Price decreased by 4% |
Nov 6, 2024 Source: SMLS as distributed by MLS GRID #202411236 | PriceChange | $679,899 Price decreased by 0% |
Oct 1, 2024 Source: SMLS as distributed by MLS GRID #202411236 | PriceChange | $679,900 Price decreased by 1% |
Jul 23, 2024 Source: SMLS as distributed by MLS GRID #202411236 | PriceChange | $689,900 Price decreased by 1% |
Feb 1, 2024 Source: SMLS as distributed by MLS GRID #202411236 | Listed For Sale | $699,900 |
Oct 31, 2022 Source: SMLS as distributed by MLS GRID #202223191 | ListingRemoved | |
Sep 23, 2022 Source: SMLS as distributed by MLS GRID #202223191 | Listed For Sale | $699,900 |
Mar 23, 2022 Source: SMLS as distributed by MLS GRID #202210229 | ListingRemoved | |
Jan 8, 2022 Source: SMLS as distributed by MLS GRID #202210229 | Listed For Sale | $770,000 |
Apr 23, 2021 Source: SMLS as distributed by MLS GRID #202113400 | Sold | $495,000 |
Sep 11, 2006 Source: N/A | Sold | $210,000 |
Aug 30, 2004 Source: N/A | Sold | $89,546 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $6,114 | $568,800 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Lenae Thornton, Keller Williams Spokane - Main
Agent Phone: (509) 209-0741

Based on information submitted to the MLS GRID as of 2026-09-18 10:17:27 PDT. 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. Some IDX listings have been excluded from this website. Click here for more information
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Frequently asked questions about 7314 E 7th Ave
- What is the estimated monthly payment for 7314 E 7th Ave?Based on a $549,899 list price with 20% down at today's rates, the estimated monthly payment for 7314 E 7th Ave in Spokane, WA is approximately $3,456 (about $2,996 principal & interest, $385 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 7314 E 7th Ave compare to homes in Spokane?7314 E 7th Ave in Spokane, WA is listed at $549,899, about 28% above the $428K median sale price in Spokane.
- What do residents say about Spokane?Residents describe Spokane, WA as dog-friendly, easy to park in, and well-kept. Most residents say you need a car. See homes for sale in Spokane, WA.
- What are the closest schools to 7314 E 7th Ave?The closest schools to 7314 E 7th Ave in Spokane, WA are Chase Middle School (rated 6/10), Ferris High School (rated 7/10), Lincoln Heights Elementary School (Pre-K, rated 8/10).
- Does 7314 E 7th Ave have parking?Yes, 7314 E 7th Ave in Spokane, WA has on-site parking.
7314 E 7th Ave, Spokane, WA 99212 is a 8 bedroom, 4 bathroom, 2,984 sqft multi-family built in 1942. This property is currently available for sale and was listed by SMLS as distributed by MLS GRID on Aug 3, 2026. The MLS # for this home is MLS# 202622051.