505 E Baldwin Ave, Spokane, WA 99207

Local realty services provided by:Better Homes and Gardens Real Estate Pacific Commons
505 E Baldwin Ave,Spokane, WA 99207
$450,000
Virtual Tour
  • 5 Beds
  • 2 Baths
  • 2,668 sq. ft.
  • Single family
  • Active
Listed by: seth maefsky, michael kiter
Office: keller williams realty coeur d
MLS#:202526081
Source:WA_SAR

Price summary

  • Price:$450,000
  • Price per sq. ft.:$168.67

About this home

Fantastic Gonzaga-area investment property! Over 2,600 sq ft with 5 bedrooms, 2 baths, and two full kitchens plus a bonus room—perfect setup for student housing or multi-generational living. Current leases in place through June with tenants paying all utilities, offering a solid 5.25% cap rate. Lower level features exterior entrance and separate living space, ideal for privacy or dual-rental potential. Off-street parking, detached garage, fenced backyard with deck, and convenient access to Gonzaga, downtown, and the University District. Strong rental history and steady performance make this a turnkey opportunity for investors or parents looking for housing options near campus.

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Home facts

  • Year built:1903
  • Listing ID #:202526081
  • Added:51 day(s) ago
  • Updated:December 17, 2025 at 10:53 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:2
  • Full bathrooms:2
  • Living area:2,668 sq. ft.

Structure and exterior

  • Year built:1903
  • Building area:2,668 sq. ft.
  • Lot area:0.14 Acres

Schools

  • High school:North Central
  • Middle school:Yasuhara
  • Elementary school:Logan

Finances and disclosures

  • Price:$450,000
  • Price per sq. ft.:$168.67

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