$1,322,785
PENDING

Estimated payment $8,309/month

Total Views 7,389
14 Beds
11 Baths
6,740 Sq Ft
$196 Price per Sq Ft

Highlights

  • 0.53 Acre Lot
  • Baseboard Heating
  • Laundry Facilities
  • Sacajawea Middle School Rated A-

About This Home

Located just minutes from I-90 and downtown Spokane, this well-maintained 11-unit apartment building offers a strong mix of units and reliable income in a highly accessible location. The property features seven one-bedroom units, two two-bedroom units, one three-bedroom unit, and one studio, with a total monthly rental income of $11,127. Recent unit updates have enhanced the appeal of this classic building, offering tenants a comfortable and modern living experience. Each unit benefits from thoughtful upgrades and functional layouts, while the on-site laundry facilities add convenience. A large private parking lot provides ample off-street parking—an added bonus in this central location. With steady cash flow, proximity to downtown amenities, and easy freeway access, this property is a great opportunity for investors seeking a stabilized asset with long-term upside.

Listing Agent

Ryan Towner

LT Real Estate License #24027253 Listed on: 04/18/2025

Co-Listing Agent

Dallas Lightner

LT Real Estate License #26840

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Parking

  • Off-Site Parking

Home Design

  • Flat Roof Shape
  • Stucco

Interior Spaces

  • 6,740 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 11 Bathrooms

Schools

  • Sacajawea Middle School
  • Lewis & Clark High School

Additional Features

  • 0.53 Acre Lot
  • Baseboard Heating

Community Details

  • 11 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 35193.3801

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Year Built: 1890
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • Lot Size Acres: 0.53
  • 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: Pending
  • Reso Structure Type: Two Story
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial, Partially Finished
  • Basement YN: Yes
  • Total Bedrooms: 14
  • Stories: 2

Exterior Features

  • Roof: Flat
  • Construction Type: Stucco

Garage/Parking

  • Parking Features: Off Site, See Remarks

Utilities

  • Heating: Electric, Baseboard

Schools

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

Lot Info

  • Parcel Number: 35193.3801
  • Lot Size Sq Ft: 23087

Multi Family

  • Number Of Units Total: 11

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
07/09/2025 07/09/25 Pending -- -- --
04/18/2025 04/18/25 For Sale $1,322,785 -- $196 / Sq Ft
Source: Spokane Association of REALTORS®

Source: Spokane Association of REALTORS®

MLS Number: 202515272

Spokane Association of REALTORS®