224 S Howard St Spokane, WA 99201
City Center Spokane NeighborhoodEstimated payment $12,604/month
Highlights
- Baseboard Heating
- Sacajawea Middle School Rated A-
- Laundry Facilities
About This Home
We are pleased to present the Howard Building for sale at 224 S Howard St in Downtown Spokane. This property offers 40 apartment units, 2 retail suites (one occupied by The Blessed Express Barbershop, one vacant) Significant Capital Improvements – Extensive upgrades include fresh paint, new flooring, updated bathrooms, modern light fixtures, and partial furnishings. Diverse Income Stream – 40 apartments and 2 ground-floor retail suites provide balanced residential and commercial revenue. Resident Amenities – Tenants enjoy shared laundry, communal space, and enhanced security in a walkable downtown location near dining, shopping, entertainment, third-party parking, and transit. Value-Add Potential – Lease the vacant retail suite, activate the basement, and optimize operations for increased NOI. Attractive Assumable Loan – Seller financing via an assumable note at 4.65% interest-only, maturing January 2028, with 24-month extension option.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1908
Home Design
- 20,634 Sq Ft Home
- Brick Exterior Construction
Additional Features
- 4,356 Sq Ft Lot
- Baseboard Heating
- Unfinished Basement
Community Details
- 42 Units
- Laundry Facilities
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
09/26/2025 09/26/25 | For Sale | $2,000,000 | -- | $97 / Sq Ft |
Source: Spokane Association of REALTORS®
MLS Number: 202524717

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