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Joey Costello
Windermere North Spokane
Tour for free, no strings attached
Make a winning offer with the help of a local expert
INVESTORS should be interested in this 9-UNIT INCOME PROPERTY. Location is everything and this property is one mile or less from Gonzaga University, grocery stores, restaurants, pubs, parks, Centennial Trail, and more. This property consists of three side-by-side buildings, each with 3 units; and each with two 2 bedrooms and 1 bathroom and one 1 bedroom and 1 bathroom configurations. Each unit has its own unique floor plan. Most units have been refreshed with the changeover of tenants. There are three 3-car carports with newer roofs. And in March 2025 all three buildings’ exteriors were refurbished and painted including adding a no-slip surface applied on the painted stairs. All 9 units are occupied. Monthly Gross Rents are $10,215. Owner pays Electricity & Gas ($199/mo); Water, Sewer & Garbage ($707/mo). New property management as of 1/1/25 have had a very positive impact on this property’s operations and profitability. These three buildings may also be sold individually for $333,000 each.
Sold Price
$988,500
List Price
$988,500
Sale vs List
+0%
Close Date
Jul 8, 2025
Financing
Other
Buyer's Agent
Jacob Radawick
Property Type
Rental
Year Built
1937
County
Spokane
Lot Size
0.46 acres
Living Area
5,850 sqft
Price / Sqft
$169
Total Parking
9 spaces
Schools
Elementary: Spokane Dist 81, Middle: Yasuhara, High: North Central
Days to Sell
88 days
MLS #
SAR202514751
Parcel #
35081.4314
Annual Taxes
$9,344
Total Building Area
5,850 sqft
MLS Area
A340/025
MLS Class
Rental Income
Listing Terms
Conventional, Cash
Road Frontage
City Street, Paved Road
Street Direction
N
MLS Status
Sold
Listed On
Apr 10, 2025
Went Pending
Apr 27, 2025
Status Changed
Jul 8, 2025
Last MLS Update
Jul 8, 2025
MLS Branch
513
Elementary
Spokane Dist 81
Middle School
Yasuhara
High School
North Central
Architectural Style
Construction
Structure Type
Roof
Basement
Heating
Appliances
Interior Features
Parking
Lot Features
Listed By
Rich King
Keller Williams Spokane - Main

Joey Costello
Windermere North Spokane
Tour for free, no strings attached
Make a winning offer with the help of a local expert
$5,354/mo
Estimated at 6.5% APR, 30-year fixed. For informational purposes only.
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