$4,250,000

Residential Income In Spokane

  • 42,500 Sqft
  • 14,285 Sqft lot
  • Updated: March 31
  • 2
    Views for last 30 days
  • Source:
    Spokane Association of REALTORS  MLS#202526824

About the Property

Prime mixed-use property in Spokane’s sought-after South Hill neighborhood. The building features 1,015 sqft retail space with a coffee tenant in place with five years left on the lease and twenty-nine apartments above. Located in an Opportunity Zone, the property offers valuable tax benefits and strong income potential. The unit mix includes eighteen one-bedroom and eleven two-bedroom apartments,
Prime mixed-use property in Spokane’s sought-after South Hill neighborhood. The building features 1,015 sqft retail space with a coffee tenant in place with five years left on the lease and twenty-nine apartments above. Located in an Opportunity Zone, the property offers valuable tax benefits and strong income potential. The unit mix includes eighteen one-bedroom and eleven two-bedroom apartments, all with spacious layouts and quality finishes. Rent upside of 10%-20% provides additional growth potential. A solid investment opportunity in a high-demand location close to downtown, shopping, and dining.
  • Property type

    Other

  • Floors

    4

  • Year built

    1912

  • Price/sqft

    $100

Features

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507 S Howard St, Spokane, Washington, United States View on Google Maps
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LT Real Estate - Spokane

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LT Real Estate - Spokane
Washington, United States
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23
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2026
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LT Real Estate - Spokane
Spokane, Washington, United States
View agency profile
Last updated
March 31
First listed
Jan 13
Listing reference
202526824
Listing status
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