Listed by Kidder Mathews
$2,100,000

Estimated payment $13,052/month

Total Views 1,438
2 Beds
2 Baths
7,263 Sq Ft
$289 Price per Sq Ft

Highlights

  • No HOA
  • Sacajawea Middle School Rated A-
  • Carpet

About This Home

The Metropole is a fully renovated, historic mixed-use property in the heart of Downtown Spokane featuring 16 residential units and 4 ground-floor commercial suites. Renovated in 2007 with upgraded plumbing, electrical, heating, and major systems, the asset offers stable in-place income with immediate upside through rent growth and operational improvements. Ideally located near Spokane’s hospital district, downtown employers, Riverfront Park, WSU Spokane, and Gonzaga University, Metropole provides investors with a well-located, character-rich asset in one of Eastern Washington’s strongest rental markets.

Listing Agent

Max Frame

Kidder Mathews License #130533 Listed on: 06/16/2026

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2541142

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,305

Year Built

  • Built in 1901

Lot Details

  • 5,360 Sq Ft Lot
  • Property is in good condition

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 7,263 Sq Ft Home
  • 3-Story Property

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Utilities

  • Ductless Heating Or Cooling System

Community Details

  • No Home Owners Association
  • Spokane Subdivision

Listing and Financial Details

  • Assessor Parcel Number 35191.2603

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,305

Year Built

Built in 1901

Lot Details

5,360 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1901
  • MLS Status: Active
  • Prev Status: Active
  • New Construction: No
  • Structure Type: Multi Family
  • CalculatedSquareFootage: 7263
  • EffectiveYearBuiltSource: Public Records
  • SOCComments: 2%
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Business, Commercial, Multi-Family
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Coin Op Laundry

Exterior Features

  • Roof: Flat
  • View: No
  • Waterfront: No
  • Construction Type: Brick
  • Exterior Features: Brick
  • Foundation Details: Poured Concrete
  • Property Condition: Good

Garage/Parking

  • Carport Y N: No
  • Open Parking: No

Utilities

  • Sewer: Sewer Connected
  • Cooling: None
  • Cooling Y N: No
  • Heating: Ductless
  • Heating Yn: Yes
  • PowerCompany: Avista
  • SewerCompany: City of Spokane
  • WaterCompany: City of Spokane

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Fee Information

  • Annual Fuel Expense: 5839

Schools

  • Junior High Dist: Spokane

Lot Info

  • Parcel Number: 35191.2603
  • Lot Size Acres: 0.123
  • Lot Size: 5360
  • Lot Size Sq Ft: 5360
  • Zoning Description: Business,Commercial,Multi-Family
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: SPV
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • ShortTermRentalYN: false
  • GrossRentMultiplier: 17
  • LeasedItems: Washer/Dryer
  • TotalMonthlyIncome: 19880

Tax Info

  • Year: 2026
  • Tax Annual Amount: 21305

Multi Family

  • Number Of Units Total: 3
  • Electric Expense: 5839
  • EnergySource: Electric
  • UnitsBelowGrade: false

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $21,083 $1,749,700 $160,800 $1,588,900
2025 $23,129 $2,072,500 $155,440 $1,917,060
2024 $23,129 $2,336,740 $155,440 $2,181,300
2023 $21,058 $2,230,440 $155,440 $2,075,000
2022 $18,461 $2,158,500 $147,400 $2,011,100
2021 $18,296 $1,542,400 $134,000 $1,408,400
2020 $14,037 $1,139,980 $109,080 $1,030,900
2019 $7 $513,760 $99,160 $414,600
2018 $7 $503,660 $99,160 $404,500
2017 $7 $497,380 $96,480 $400,900
2016 $7 $493,880 $96,480 $397,400
2015 $7 $484,180 $96,480 $387,700
2014 -- $469,680 $96,480 $373,200
2013 -- $0 $0 $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/16/2026 06/16/26 For Sale $2,100,000 -- $289 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Warranty Deed $2,100,000 First American Title Ins Co
Warranty Deed $450,000 Transnation Title
Warranty Deed $330,000 First American Title Ins
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Closed $40,000 Commercial
Closed $1,500,000 Commercial
Closed $1,288,800 Commercial
Closed $750,000 Construction
Closed $253,098 Commercial
Source: Public Records

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2541142

Northwest Multiple Listing Service (NWMLS)
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