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5724 N Nevada St

Spokane, WA 99208
  • $400,000
  • STATUS: Active
  • ON SITE: 107 Days
  • ID#: 202521533
UPDATED: 65 min ago
$400,000
  • 0
    BEDS
  • 0.1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,040
    SQFT
  • $196
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1953
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

6-Bedroom, 2-Bathroom SRO Investment Property High Cash Flow Opportunity! Well-maintained and income-generating Single Room Occupancy (SRO) property featuring 6 private bedrooms and 2 shared bathrooms. This single-family home is rented by the room, generating a gross monthly income of $4200! An SRO (Single Room Occupancy) model provides tenants with private rooms while sharing common areas such as the kitchen, bathrooms, and living spaces, making this a popular and affordable housing option. Investor Highlights: - All tenants on flexible month-to-month leases - Potential for increased cash flow and rental growth - Privately managed and well-maintained property This property is available for purchase individually or as part of a larger, high-performing rental portfolio, available at a discounted package rate. Call or Text the listing agent today to schedule a tour or request more information about this unique investment opportunity!

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© 2025 of Spokane Association of REALTORS­® MLS. All rights reserved. Listing information courtesy of Spokane Association of REALTORS­® MLS. IDX data is 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. Data is deemed reliable but is not guaranteed accurate by the SARMLS. Data last updated 2025-11-16T22:20:34.323.
www.theleearnoldteam.com/homes/166455281
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5724 N Nevada St Spokane, WA 99208

  • Price: $400,000
  • Status: Active
  • On Site: 107 Days
  • Updated: 65 min ago
  • ID#: 202521533
0
Beds
0
Baths
0
½ Baths
0.1
Acres
2,040
SQFT
$196
$/SQFT
1953
Built
Neighborhood:
A340/003
County:
Spokane
Area:
A340/003
Elementary School:
Whitman
Middle School:
Garry
High School:
Rogers
School District:
Spokane Dist 81
Property Description
6-Bedroom, 2-Bathroom SRO Investment Property High Cash Flow Opportunity! Well-maintained and income-generating Single Room Occupancy (SRO) property featuring 6 private bedrooms and 2 shared bathrooms. This single-family home is rented by the room, generating a gross monthly income of $4200! An SRO (Single Room Occupancy) model provides tenants with private rooms while sharing common areas such as the kitchen, bathrooms, and living spaces, making this a popular and affordable housing option. Investor Highlights: - All tenants on flexible month-to-month leases - Potential for increased cash flow and rental growth - Privately managed and well-maintained property This property is available for purchase individually or as part of a larger, high-performing rental portfolio, available at a discounted package rate. Call or Text the listing agent today to schedule a tour or request more information about this unique investment opportunity!
Exterior Features

Architectural Style Ranch Construction Materials Vinyl Siding Lot Features FencingFenced YardCity Bus (w/in 6 blks) Parking Features DetachedGarage Door OpenerOff Site Road Frontage Type City Street Roof Composition

Interior Features

Additional Dining Features Informal Appliances Free-Standing RangeDishwasherRefrigeratorWasherDryer Basement FullFinishedDaylightLaundry Heating Forced AirHot Water Interior Features Pantry

Property Features

Additional Parcels YN No Association Amenities GasSee Remarks Building Area Total 2040 High Speed Internet Yes Listing Terms ConventionalCashCommercial Lot Size Length 125 Lot Size Width 71 Property Sub Type Rental Structure Type Two Story Tax Annual Amount 3696.34 View City

Listing provided courtesy of Amplify Real Estate Services: .


© 2025 of Spokane Association of REALTORS­® MLS. All rights reserved. Listing information courtesy of Spokane Association of REALTORS­® MLS. IDX data is 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. Data is deemed reliable but is not guaranteed accurate by the SARMLS. Data last updated 2025-11-16T22:20:34.323.
 
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The Lee Arnold Team and Keller Williams
799 S Stevens St.
Spokane WA, 99204-2654