$1,600,000

Multi Family In Spokane

  • 9,372 Sqft
  • 12,197 Sqft lot
  • Updated: Today
  • Source:
    Coeur d'Alene Multiple Listing Service  MLS#26-10526

About the Property

13-unit multifamily investment opportunity featuring 8 one-bedroom/one-bath units and 5 two-bedroom/one-bath units. The property generates $16,092.13 in Effective Gross Income and offers an on-site laundry facility, beautifully landscaped grounds, and a convenient location near restaurants, shopping, I-90, and Downtown Spokane. Investment highlights include a $114,247.54 NOI and a 7.14% cap rate,
13-unit multifamily investment opportunity featuring 8 one-bedroom/one-bath units and 5 two-bedroom/one-bath units. The property generates $16,092.13 in Effective Gross Income and offers an on-site laundry facility, beautifully landscaped grounds, and a convenient location near restaurants, shopping, I-90, and Downtown Spokane. Investment highlights include a $114,247.54 NOI and a 7.14% cap rate, providing an attractive opportunity for investors seeking established rental income in a convenient Spokane location.
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  • Property type

    Other

  • Year built

    1962

  • Price/sqft

    $170

Features

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1405 8th, Spokane, Washington, United States View on Google Maps
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LT Real Estate - Coeur d'Alene

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LT Real Estate - Coeur d'Alene
Idaho, United States
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6
Listings
2026
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LT Real Estate - Coeur d'Alene
Coeur d'Alene, Idaho, United States
View agency profile
Last updated
Today
First listed
October 28
Listing reference
26-10526
Listing status
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