$1,750,000
PENDING

1204 W 8th Ave Spokane, WA 99204

Cliff-Cannon Neighborhood

Estimated payment $10,928/month

Total Views 3,474
-- Bed
-- Bath
12,157 Sq Ft
$144 Price per Sq Ft

Highlights

  • 0.32 Acre Lot
  • 4 Car Garage
  • Laundry Facilities
  • Sacajawea Middle School Rated A-
  • Baseboard Heating

About This Home

This property presents a rare opportunity to acquire two buildings on one lot in the desirable South Hill neighborhood of Spokane. The property includes a well-maintained triplex featuring two spacious three-bedroom units and one two-bedroom unit, along with a separate nine-unit building comprised of seven two-bedroom units and two one-bedroom units. Together, the buildings generate a strong rental income of $14,864 per month, with additional upside from eight garages that provide extra rental revenue. Tenants benefit from on-site laundry facilities, with some apartments upgraded to feature their own in-unit laundry for added convenience. Located at 1204 W 8th Ave and 720 S Jefferson St, this property combines consistent income, prime location, and a diverse mix of units, making it a compelling investment opportunity in Spokane’s multifamily market.

Listing Agent

Ryan Towner

LT Real Estate License #24027253 Listed on: 09/05/2025

Co-Listing Agent

Dallas Lightner

LT Real Estate License #26840

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1907

Parking

  • 4 Car Garage

Home Design

  • Brick Exterior Construction
  • Metal Roof

Interior Spaces

  • 12,157 Sq Ft Home
  • 3-Story Property

Basement

  • Basement Fills Entire Space Under The House
  • Basement with some natural light

Schools

  • Sacajawea Middle School
  • Lewis & Clark High School

Additional Features

  • 0.32 Acre Lot
  • Baseboard Heating

Community Details

  • 12 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 35193.0207

Property Details

Home Type

Multi-Family

Year Built

Built in 1907

Lot Details

0

Parking

4

Listing Details

  • Year Built: 1907
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • Lot Size Acres: 0.32
  • Road Frontage Type: City Street, Paved Road
  • Reso Association Amenities: Laundry
  • Co List Office Mls Id: SAR1400
  • Co List Office Phone: 509-315-8720
  • Co List Office Phone: 509-315-8720
  • MLS Status: Pending
  • Reso Structure Type: Three Story
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Finished, Daylight, Laundry
  • Stories: 3

Exterior Features

  • Roof: Composition, Metal
  • Construction Type: Brick, Wood Siding

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Attached, Detached

Utilities

  • Heating: Electric, Baseboard

Schools

  • Elementary School: Roosevelt
  • High School: Lewis & Clark
  • Middle Or Junior School: Sacajawea

Lot Info

  • Parcel Number: 35193.0207
  • Lot Size Sq Ft: 14200

Multi Family

  • Number Of Units Total: 12

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/07/2025 11/07/25 Pending -- -- --
09/05/2025 09/05/25 For Sale $1,750,000 -- $144 / Sq Ft
Source: Spokane Association of REALTORS®

Source: Spokane Association of REALTORS®

MLS Number: 202523513

Spokane Association of REALTORS®
Washington Spokane County Spokane 99204 Cliff-Cannon

1204 W 8th Ave, Spokane, WA

Pending

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Ryan Towner
Listing Agent
Ryan Towner
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LT Real Estate
(509) 659-7810