turn key rental in Spokane, wa

Property address

612 E Providence Ave

Starting price: $250,000 obo  (Split escrow fees)

After repair value: $325,000

Estimated Rent: $1800/mo as is 2000+/mo with updates

 

Beds: 3

Baths: 1

SqFt: 1,812

Property Status

Move-in ready. Currently occupied. No repairs needed.

Current Setup

3 bed, 1 bath. Standard configuration. Tenant-ready condition.

Basement Conversion Potential

Basement can be converted to add 1 bed, 1 bath. Would make it 4 bed, 2 bath. Increased rent potential. Higher property value.

Parking

Off-street parking via alley. Tenants want this.

Investment Play

Option 1: Rent as-is. Collect cash flow immediately.

Option 2: Convert basement. Increase monthly rent. Force appreciation.

Bottom Line

Producing income today. Room to add value tomorrow.

SUBMIT SOFT OFFER

Offers must be cash or private money

Closing is 11-7-2025 or Sooner

ATTENTION REAL ESTATE AGENTS – YOU’RE THE BEST!
Real estate agents– we love working with you! But please add any fee/commission you are collecting to the price of this home when presenting to clients!

This property is being sold as-is, so buyers should conduct their own due diligence to confirm property value and condition. The seller and assignor assume no responsibility for any expressed or implied representations of the property. This is an assignable contract, and RealVantage is not selling the property directly.

If you have any questions give Josh a call for more info or to discuss the deal!

509-769-8148

Josh@real-vantage.com