Rent report generated Jan 12, 2025
The Rent Potential of
918 E Baldwin Ave Spokane, WA 99207
is $2,650 – $2,650/mo.
Rent Advice
This single-family property in Spokane's North Side neighborhood has a promising rental potential. With 5 bedrooms and 2 bathrooms, the estimated monthly rent is around $2,650. The property's annual revenue could reach over $31K. Considering current market trends, the estimated payback period is favorable, given the property's prime location and recent updates, including a new roof and paint. Unique selling points include the potential for duplex conversion and proximity to Gonzaga University.
To enhance rental income, consider converting the property into a duplex, leveraging the two electric meters. This could increase the rental appeal and revenue. If selling is on the table, highlight the recent upgrades and future development potential due to its proximity to CC1 zoning. These aspects can attract investors looking for both immediate and long-term returns.
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