1818 W 8th Ave Spokane, WA 99204
Cliff-Cannon NeighborhoodEstimated payment $8,329/month
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.
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
Map
Home Values in the Area
Average Home Value in this Area
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®
MLS Number: 202515372

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