Listing provided courtesy of eXp RealtyNWMLSas Distributed by MLSGrid- MLS# NWM2507852MLS Provider

434 W Buckeye AvenueSpokane, WA 99205

Multi-Family · 2 Beds · 3,190 Sq. ft. | 0.14 Acres
$499,994 Pending

434 W Buckeye Avenue Overview

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Here is your chance to score a turnkey quadplex in one of Spokane's most desirable neighborhoods. Fully updated, well maintained, and thoughtfully renovated, this income-producing property delivers immediate cash flow with four fully equipped units: one spacious 2-bedroom and three private studios, each with its own bathroom, kitchen, refrigerator, and oven. Tenants enjoy complete independence without compromise. Investor-friendly infrastructure throughout. A shared laundry room on-site adds convenience and tenant retention value. Rare alley access leads to a 2-car garage plus generous additional parking in the rear, a feature that sets this property apart in the market. Whether you are a seasoned portfolio builder or a house-hacking first-timer, this quadplex checks every box: low-maintenance condition, flexible unit mix, and strong rental demand in a supply-constrained Spokane market. Live in one unit and let the others pay your mortgage, or hold all four as a pure income play. Three units are currently vacant and move-in ready, with one studio occupied. Rents are well below market rate, creating an immediate opportunity to increase income with zero repair costs out of pocket. This is the ideal window to tour the property and see the full scope of what you are acquiring. The work has been done. The value is here. Properties like this rarely come to market in this condition, at this price point. Do not wait.

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434 W Buckeye Avenue Facts & Features

  • Type Multi-Family
  • Sq. ft. 3,190
  • Price/Sq.ft. $157
  • Lot 0.14 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

School Information

  • School District: Spokane
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Buyer To Verify

Income/Expenses

  • Other Expense: 1579
  • Electric Expense: 1888.25
  • Fuel Expense: 1888.25
  • Gross Scheduled Income: 50700
  • Insurance Expense: 2384
  • Net Operating Income: 32215
  • Total Expenses: 15950
  • Total Monthly Income: 4225
  • Water/Sewer/Garbage: 3776.5

Building Information

  • New Construction: No
  • Year Built: 1903

Location/Region

  • Country: US
  • County Or Parish: Spokane
  • MLS Area Major: 561 - Spokane County
  • Subdivision Name: Spokane

Tax Information

  • Tax Annual Amount: $4,434.00
  • Tax Year: 2025

General Information

  • Listing Terms: Conventional, FHA, Rehab Loan, See Remarks, State Bond, USDA Loan, VA Loan
  • Parcel Number: 35071.1622
  • Possible Use: Multi-Family
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Parking Information

  • Garage Spaces: 2

Beds/Baths

  • Bedrooms Upper: 0

Building Interior

  • Building Area Total: 3190
  • Building Area Units: Square Feet
  • Calculated Square Footage: 3190
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Laminate
  • Foundation Details: Block, Poured Concrete
  • Heating: Yes
  • Leasable Area: 2711
  • Living Area: 0
  • Main Level Bathrooms: 0
  • Power Production Type: Electric
  • Stories Total: 3

Exterior

Parking Information

  • Open Parking: No
  • Parking Total: 8
  • Parking Uncovered Total: 6

Lot Information

  • Irrigation Water Rights: No
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • Lot Size Acres: 0.1377
  • Lot Size Dimensions: 50' X 121'
  • Lot Size Square Feet: 6000
  • Lot Size Units: Square Feet
  • Site Features: Cable TV, Deck
  • Elevation Units: Feet

Waterfront/View

  • View: No
  • Waterfront: No

Building Exterior/Construction

  • Roof: Composition
  • Structure Type: Quadruplex

General Information

  • Carport Spaces: 0
  • Carport: No
  • Covered Spaces: 2
  • Exterior Features: Wood Products
  • Number Of Units Total: 4
  • Sewer: Sewer Connected

Unit Information

Unit 2 Details

  • Actual Rent: 1300
  • Beds Total: 2
  • Baths Total: 1

Unit 3 Details

  • Actual Rent: 975
  • Baths Total: 1

Unit 4 Details

  • Actual Rent: 975
  • Baths Total: 1

Unit 1 Details

  • Actual Rent: 975
  • Baths Total: 1

434 W Buckeye Avenue Neighborhood

Community

99204 (Spokane) Demographics

32
Median Age
6,218
Population Density (per sq. mile)
49%
College Educated
$41,678
Estimated Median Income
1,169
Estimated Total Home Owners
2,547
Estimated Total Renters
31% / 69%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

434 W Buckeye Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

434 W Buckeye Avenue Market Data

Based on the last 30 days in this zip code

$355,232
Average List Price
$217
Average Price per Square Foot
0
Properties Sold
88
Average Days on Market
39
Properties for Sale
Calculations provided by Reliance Network

434 W Buckeye Avenue History

Date Event Value Agent
6/29/2026Source: NWMLS Status Change
Pending
6/3/2026Source: NWMLS Status Change
Pending Inspection
4/17/2026Source: NWMLS Added to Database
April 17, 2026