$2,000,000
Joey Costello
Windermere North Spokane
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About This Home
This 20-unit multifamily investment property offers a mix of 1 three-bedroom unit, 11 one-bedroom units, and 8 studios, with gross monthly income of $21,740.46. Located near Downtown Spokane, the property features off-street parking, on-site laundry, and a roof replaced in 2025. The 14,353 SF building was built in 1914 and is offered at $2,000,000, or $100,000 per unit, with a reported NOI of $143,038.07 and a 7.15% cap rate.
Property Details
Property Type
Residential Income
Year Built
1914
County
Spokane
Lot Size
0.41 acres
Living Area
14,353 sqft
Price / Sqft
$139
Schools
Elementary: Spokane Dist 81
Days on Market
31 days
MLS #
SAR202622778
Parcel #
35182.0809
Total Building Area
14,353 sqft
MLS Area
A330/024
MLS Class
Rental Income
Listing Terms
Conventional, Cash
Road Frontage
City Street, Paved Road
Street Direction
N
Listed On
Aug 18, 2026
Status Changed
Aug 25, 2026
Last MLS Update
Aug 28, 2026
MLS Branch
1041
School Information
Elementary
Spokane Dist 81
Home Features & Details
Construction
Structure Type
Roof
Basement
Heating
Parking
Listed By
Dallas Lightner
LT Real Estate
Joey Costello
Windermere North Spokane
Tour for free, no strings attached
Make a winning offer with the help of a local expert
Estimated Monthly Payment
$10,833/mo
Estimated at 6.5% APR, 30-year fixed. For informational purposes only.
Property Highlights
Location
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