Listed by Kidder Mathews
$1,100,000

Estimated payment $6,622/month

Total Views 8,616
12 Beds
11 Baths
6,004 Sq Ft
$183 Price per Sq Ft

Highlights

  • No HOA
  • North Central High School Rated A-
  • Vinyl Plank Flooring

About This Home

Opportunity to purchase a well-maintained, value-add 10-unit apartment building in the heart of Spokane, WA. With updated building systems including new roof, boiler, panels, & more, buyers will be well positioned to focus on cosmetic upgrades to fully maximize rents.

Listing Agent

Max Frame

Kidder Mathews License #130533 Listed on: 02/19/2025

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2333974

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,104

Year Built

  • Built in 1951

Lot Details

  • 6,000 Sq Ft Lot
  • 35073.3805
  • Property is in good condition

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 6,004 Sq Ft Home
  • 3-Story Property
  • Vinyl Plank Flooring

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 11 Bathrooms

Parking

  • 8 Parking Spaces
  • 6 Covered Spaces
  • Open Parking

Utilities

  • Window Unit Cooling System

Community Details

  • No Home Owners Association
  • Spokane Subdivision

Listing and Financial Details

  • Assessor Parcel Number 35073.3805

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,104

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1951
  • MLS Status: Active
  • Prev Status: Active
  • New Construction: No
  • CalculatedSquareFootage: 6004
  • EffectiveYearBuiltSource: Public Records
  • SOCComments: 2.0%
  • Special Features: VirtualTour
  • Cumulative Days on Market: 202

Interior Features

  • Possible Bedrooms: 12
  • Total Bedrooms: 12
  • Fireplace: No
  • Flooring: Vinyl Plank
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Storage

Exterior Features

  • Roof: Flat
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Construction Type: Brick
  • Exterior Features: Brick
  • Foundation Details: Block
  • Property Condition: Good
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 6
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Available
  • Water Source: Public
  • Cooling: Window Unit A/C
  • Cooling Y N: Yes
  • Heating: Other – See Remarks
  • Heating Yn: Yes
  • PowerCompany: Avista
  • SewerCompany: City of Spokane
  • WaterCompany: City of Spokane
  • WaterSewerGarbage: 4666

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Fee Information

  • Annual Fuel Expense: 4667

Schools

  • Junior High Dist: Spokane

Lot Info

  • Parcel Number: 35073.3805
  • Lot Size Acres: 0.1377
  • Lot Size: 6000
  • Lot Size Sq Ft: 6000
  • Additional Parcels Description: 35073.3805
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: County Assessor
  • MLSSquareFootageSource: County Assessor
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 10.52
  • LeasedItems: Washer/Dryer
  • TotalMonthlyIncome: 8504

Multi Family

  • Gross Scheduled Income: 104548
  • Net Operating Income: 54472
  • Number Of Units Total: 10
  • Electric Expense: 4667
  • Insurance Expense: 3608
  • Leasable Area: 6004
  • EnergySource: Electric
  • UnitsInBuildingTotal: 1
  • UnitsBelowGrade: true
  • VacancyRate: 0

Tax Info

  • Year: 2024
  • Tax Annual Amount: 8104

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
02/19/2025 02/19/25 For Sale $1,100,000 -- $183 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2333974

Northwest Multiple Listing Service (NWMLS)