$1,550,000

Residential Income In Spokane

  • 7,424 Sqft
  • 16,250 Sqft lot
  • Updated: October 30
  • Source:
    Spokane Association of REALTORS  MLS#202626401

About the Property

8-unit multifamily property on Spokane’s South Hill (Cliff-Cannon) is 100% occupied, featuring eight 2 bed/1 bath units of approximately 1,000 SF each. The 2-story building was built in 1968 and sits on a .37 acre (16,250 SF) lot. Recent updates include a new roof and water heaters in 2025 and updated windows. Units offer electric heat, in-unit washer/dryers, and wood fireplaces in 4 units, with c
8-unit multifamily property on Spokane’s South Hill (Cliff-Cannon) is 100% occupied, featuring eight 2 bed/1 bath units of approximately 1,000 SF each. The 2-story building was built in 1968 and sits on a .37 acre (16,250 SF) lot. Recent updates include a new roof and water heaters in 2025 and updated windows. Units offer electric heat, in-unit washer/dryers, and wood fireplaces in 4 units, with covered off-street parking plus an adjacent lot. Just minutes from Manito Park, Riverfront Park, restaurants, hospitals and transportation. Gross scheduled rent is $129,600 per year ($10,800/month), with an NOI of $91,446 and a 5.90% cap rate.
…
  • Property type

    Other

  • Floors

    2

  • Year built

    1968

  • Price/sqft

    $208

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1303 W 13th 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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28
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2026
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LT Real Estate - Spokane
Spokane, Washington, United States
View agency profile
Last updated
October 30
First listed
October 30
Listing reference
202626401
Listing status
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