$1,300,000
$165K PRICE DROP

Estimated payment $8,329/month

Total Views 8,319
14 Beds
10 Baths
10,548 Sq Ft
$123 Price per Sq Ft

Highlights

  • 4 Car Detached Garage
  • Forced Air Heating System
  • Laundry Facilities
  • Sacajawea Middle School Rated A-
  • Baseboard Heating

About This Home

Welcome to a prime investment opportunity in a highly desirable location, featuring a well-maintained multi-unit property with architectural charm and consistent cash flow. This income-generating asset includes eight one-bedroom units and two spacious three-bedroom units, and seven garages, bringing in $11,816 per month in rental income. Tenants enjoy the convenience of on-site laundry facilities, while seven individual garages provide additional revenue potential and added value. Several units have been recently updated, blending modern finishes with the building’s timeless character, making them especially appealing to renters seeking both comfort and charm. Located within walking distance to popular restaurants, shopping destinations, and local parks, this property offers the ideal mix of lifestyle and location. Whether you're a seasoned investor or looking to expand your portfolio with a dependable, high-performing asset, this property stands out as a rare opportunity in a sought-after area.

Listing Agent

Dallas Lightner

LT Real Estate License #26840 Listed on: 04/21/2025

Co-Listing Agent

Ryan Towner

LT Real Estate License #24027253

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 10,454 Sq Ft Lot

Parking

  • 4 Car Detached Garage
  • Off-Site Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 10,548 Sq Ft Home
  • 3-Story Property
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 10 Bathrooms

Schools

  • Sacajawea Middle School
  • Lewis & Clark High School

Utilities

  • Forced Air Heating System
  • Baseboard Heating

Community Details

  • 10 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 25244.4511

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Parking

4

Listing Details

  • Year Built: 1910
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • Lot Size Acres: 0.24
  • Road Frontage Type: City Street
  • Reso Association Amenities: Laundry
  • Co List Office Mls Id: SAR1400
  • Co List Office Phone: +1 (509) 315-87
  • Co List Office Phone: +1 (509) 315-87
  • MLS Status: Active
  • Reso Structure Type: Two Story
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial, Finished
  • Basement YN: Yes
  • Total Bedrooms: 14
  • Stories: 3

Exterior Features

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

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Detached, Off Site

Utilities

  • Heating: Natural Gas, Electric, Forced Air, Baseboard

Schools

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

Lot Info

  • Parcel Number: 25244.4511
  • Lot Size Sq Ft: 10454

Multi Family

  • Number Of Units Total: 10

Map

Range of Values:

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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 Change Sq Ft Price
09/04/2025 09/04/25 Price Changed $1,300,000 -11.3% $123 / Sq Ft
04/21/2025 04/21/25 For Sale $1,465,214 +166.4% $139 / Sq Ft
06/19/2017 06/19/17 Sold $550,000 +4.0% --
04/14/2017 04/14/17 Pending -- -- --
04/10/2017 04/10/17 For Sale $529,000 -- --
Source: Spokane Association of REALTORS®

Source: Spokane Association of REALTORS®

MLS Number: 202515372

Spokane Association of REALTORS®