$1,600,000
Price decreased by $100,000 on Sep 22, 2026

Residential Income In Spokane

  • 9,372 Sqft
  • 12,297 Sqft lot
  • Updated: September 24
  • 1
  • Source:
    Spokane Association of REALTORS  MLS#202622556

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.
…
  • Property type

    Other

  • Floors

    2

  • Year built

    1962

  • Price/sqft

    $170

Features

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1405 W 8th Ave, 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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25
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2026
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LT Real Estate - Spokane
Spokane, Washington, United States
View agency profile
Last updated
September 24
First listed
August 14
Listing reference
202622556
Listing status
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