$1,175,000
$220K PRICE DROP

903 S Adams St Spokane, WA 99204

Cliff-Cannon Neighborhood

Estimated payment $7,404/month

Total Views 4,332
9 Beds
9 Baths
5,836 Sq Ft
$201 Price per Sq Ft

Highlights

  • Tudor Architecture
  • Corner Lot
  • Heating Available
  • Sacajawea Middle School Rated A-
  • Laundry Facilities

About This Home

Step into a rare investment opportunity with this historic Tudor mansion—formerly the Martin Woldson mansion—now transformed into a high-performing multifamily asset. This iconic property includes 7 one-bedroom units, 1 spacious two-bedroom unit, and 1 charming studio, generating a combined monthly income of $9,988. Inside, residents enjoy vaulted 9-foot ceilings on the main and top floors, adding grandeur and openness to each unit. On-site laundry facilities provide added convenience, and the character-rich architecture offers timeless curb appeal and tenant retention. This is more than just a rental—it's a chance to own a piece of Spokane’s history while benefiting from stable cash flow and future upside. Seller financing available.

Listing Agent

Ryan Towner

LT Real Estate License #24027253 Listed on: 07/10/2025

Co-Listing Agent

Dallas Lightner

LT Real Estate License #26840

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1917

Lot Details

  • 6,600 Sq Ft Lot
  • Corner Lot

Home Design

  • Tudor Architecture
  • Brick Exterior Construction
  • Stucco

Interior Spaces

  • 5,836 Sq Ft Home
  • 3-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Free-Standing Range
  • Dishwasher

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Bathrooms

Parking

  • Shared Driveway
  • Off-Site Parking

Schools

  • Sacajawea Middle School
  • Lewis & Clark High School

Utilities

  • Heating Available

Community Details

  • 9 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 35193.1105

Property Details

Home Type

Multi-Family

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Year Built: 1917
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • ResoLotFeatures: Corner Lot
  • Lot Size Acres: 0.15
  • Road Frontage Type: City Street, Paved Road
  • 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
  • Architectural Style: Tudor
  • Reso Structure Type: Three Story
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Partially Finished, Laundry
  • Appliances: Free-Standing Range, Dishwasher, Refrigerator
  • Basement YN: Yes
  • Total Bedrooms: 9
  • Stories: 3

Exterior Features

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

Garage/Parking

  • Parking Features: Off Site, Shared Driveway

Utilities

  • Heating: Electric

Schools

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

Lot Info

  • Parcel Number: 35193.1105
  • Lot Size Sq Ft: 6600

Multi Family

  • Number Of Units Total: 9

Map

Range of Values:

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Average Value
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List Price
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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 List to Sale Price per Sq Ft Prior Sale
08/27/2025 08/27/25 Price Changed $1,175,000 -15.8% $201 / Sq Ft
07/10/2025 07/10/25 For Sale $1,395,000 +416.7% $239 / Sq Ft
10/20/2016 10/20/16 Sold $270,000 -10.0% -- View Prior Sale
09/15/2016 09/15/16 Pending -- -- --
04/15/2016 04/15/16 For Sale $300,000 -- --
Source: Spokane Association of REALTORS®

Source: Spokane Association of REALTORS®

MLS Number: 202520325

Spokane Association of REALTORS®
Washington Spokane County Spokane 99204 Cliff-Cannon

903 S Adams St, Spokane, WA

This home is located at 903 S Adams St, Spokane, WA 99204 and is currently priced at $1,175,000, approximately $201 per square foot. This property was built in 1917. 903 S Adams St is a home located in Spokane County with nearby schools including Roosevelt Elementary School, Sacajawea Middle School, and Lewis & Clark High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Spokane Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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Ryan Towner
Listing Agent
Ryan Towner
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LT Real Estate
(509) 394-4978