Listed by Kidder Mathews
$2,325,000
SOLD MAR 18, 2026
3 Beds
2 Baths
18,012 Sq Ft
40,485 Sq Ft Lot

Sale Details

Date Sold: March 18, 2026

$129 Per Sq Ft

20% Below List Price

Highlights

  • 0.93 Acre Lot
  • Sport Court
  • Baseboard Heating
  • No HOA
  • Vinyl Plank Flooring
  • Property is in very good condition

About This Home

As of March 2026

Well-maintained and ideally situated along the highly desirable Spokane River, River Court offers immediate rental upside with the potential to increase rents by 14% as-is and up to 24% with renovations. The property features spacious, majority 2-bedoom layouts with attractive amenities including a full-sized sports court, covered parking, large decks, and air conditioning. With ample additional land, there's also a strong future development opportunity, making this an excellent investment in a growing market.

Last Agent to Sell the Property

Max Frame

Kidder Mathews License #130533 Listed on: 10/21/2025

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2447189

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,930

Year Built

  • Built in 1979

Lot Details

  • 40,485 Sq Ft Lot
  • 351023804,351023805
  • Property is in very good condition

Parking

  • Open Parking

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 18,012 Sq Ft Home
  • 3-Story Property
  • Vinyl Plank Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Sport Court

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating

Community Details

  • No Home Owners Association
  • Spokane Subdivision

Listing and Financial Details

  • Assessor Parcel Number 351023803

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,930

Year Built

Built in 1979

Lot Details

0.93 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1979
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 18012
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Vinyl Plank
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Construction Type: Wood
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Multi Family

Garage/Parking

  • Carport Spaces: 20
  • Carport Y N: No
  • Open Parking: Yes
  • Total Parking Spaces: 34

Utilities

  • Sewer: Sewer Connected
  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: Avista
  • SewerCompany: City of Spokane
  • WaterCompany: City of Spokane

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Fee Information

  • Annual Fuel Expense: 12084

Schools

  • Junior High Dist: Spokane

Lot Info

  • Parcel Number: 351023803
  • Lot Size Acres: 0.9294
  • Lot Size: 40485
  • Lot Size Sq Ft: 40485
  • Additional Parcels Description: 351023804,351023805
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Athletic Court
  • MLSLotSizeSource: County Assessor
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 9.1
  • LeasedItems: None
  • TotalMonthlyIncome: 21635

Tax Info

  • Year: 2025
  • Tax Annual Amount: 21930

Multi Family

  • Number Of Units Total: 2
  • Electric Expense: 12083
  • EnergySource: Electric
  • UnitsBelowGrade: false

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2025
Closed on
Mar 18, 2026
Sold by
Dufur Properties Ii Llc
Bought by
River Court 3001 Llc
Seller's Agent
Max Frame
Kidder Mathews
List Price
$2,900,000
Sold Price
$2,325,000
Premium/Discount to List
-$575,000
-19.83%
Views
29

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-100.00%
Original Mortgage
$1,743,750
Outstanding Balance
$1,743,750
Interest Rate
6.11%
Mortgage Type
VA
Estimated Equity
-$1,415,750

Purchase Details

Listed on
Sep 27, 2019
Closed on
Nov 19, 2019
Sold by
Cloud Ingrid
Bought by
Dufur Properties Ii Llc
Seller's Agent
Dallas Lightner
LT Real Estate
Buyer's Agent
Dallas Lightner
LT Real Estate
List Price
$1,850,000
Sold Price
$1,797,400
Premium/Discount to List
-$52,600
-2.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.24%
Original Mortgage
$1,444,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 8, 2011
Sold by
Cloud William and Cloud Ingrid
Bought by
Cloud William D and Cloud Ingrid L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
3.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 9, 2008
Sold by
Wachtler Bruce E
Bought by
Cloud William and Cloud Ingrid

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 1, 2006
Sold by
Hillman Harold D and Hillman Elizabeth B
Bought by
Wachtler Bruce E

Purchase Details

Closed on
Feb 9, 1996
Sold by
Filice Gennero P and Filice Edith G
Bought by
Hillman Harold D and Hillman Elizabeth B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $2,325,000 Chicago Title
Warranty Deed $1,797,400 First American Title Ins Co
Interfamily Deed Transfer -- Stewart Title Of Spokane
Warranty Deed $1,150,280 None Available
Contract Of Sale $1,150,000 Inland Professional Title Ll
Warranty Deed $950,000 First American Title Ins
Warranty Deed $785,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,743,750 VA
Previous Owner $1,444,000 Commercial
Previous Owner $800,000 Commercial
Previous Owner $850,000 Seller Take Back
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/18/2026 03/18/26 Sold $2,325,000 -19.8% $129 / Sq Ft
12/10/2025 12/10/25 Pending -- -- --
11/04/2025 11/04/25 For Sale $2,900,000 0.0% $161 / Sq Ft
10/23/2025 10/23/25 Pending -- -- --
10/21/2025 10/21/25 For Sale $2,900,000 +61.3% $161 / Sq Ft
01/06/2020 01/06/20 Sold $1,797,400 -2.8% $100 / Sq Ft View Prior Sale
09/27/2019 09/27/19 For Sale $1,850,000 -- $103 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $20,622 $2,089,500 $63,850 $2,025,650
2024 $20,622 $2,083,300 $63,850 $2,019,450
2023 $20,886 $2,249,020 $63,850 $2,185,170
2022 $17,927 $2,140,820 $63,850 $2,076,970
2021 $19,883 $1,676,300 $38,310 $1,637,990
2020 $15,072 $1,224,110 $38,310 $1,185,800
2019 $10,698 $896,430 $31,930 $864,500
2018 $12,194 $878,030 $31,930 $846,100
2017 $11,791 $864,630 $31,930 $832,700
2016 $11,713 $840,330 $31,930 $808,400
2015 $12,147 $852,730 $31,930 $820,800
2014 -- $851,630 $31,930 $819,700
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2447189

Northwest Multiple Listing Service (NWMLS)

APN: 35102.3803

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