1220 S Sheridan St, Spokane, WA 99202

$650,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$650,000
Status
ACTIVE
MLS#
202620373
Acres
0.28
Region
SW Urban S I-90

Property Description

Seller Financing available on this rare infill development opportunity in Spokane prestigious historic Rockwood neighborhood, just steps from beautiful Rockwood Boulevard and an easy walk to the vibrant South Perry District! This expansive single-lot parcel at 1220 S Sheridan St is ready for immediate building, but it's true highest and best use lies in utilizing Spokanes permanent middle-housing code reforms. Maximize your equity by executing a Boundary Line Adjustment (BLA) to split the property into two buildable lots. Under the City of Spokanes streamlined framework, traditional density maximums are eliminated and setbacks are reduced. Once split, options expand exponentially: build a modern duplex on each lot for a 4-unit total, integrate flexible ADUs, or explore a unit lot subdivision to sell off individual sides. Enjoy massive cost savings and design flexibility with Spokanes city-wide elimination of off-street parking mandates.

Additional Information

Taxes
$2,550
Lot Features
Treed, Level, Oversized Lot, Fencing
School District
Spokane Dist 81

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of SARMLS / COBALT BROKERS

Listings last updated . All information provided is deemed reliable but is not guaranteed and should be independently verified.