$539,000
Reduced 10% · Save $60,000
Joey Costello
Windermere North Spokane
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Make a winning offer with the help of a local expert
About This Home
$5,470/month in current gross rents! This 6-unit Spokane investment property generates approximately $65,640/year in gross rental income at the current rent roll. Unit mix includes three 1-bedroom/1-bath units, two 2-bedroom/1-bath units and one 3-bedroom/1-bath unit, providing six separate income streams and a diverse tenant mix. Offered at $539,000, that's under $90,000 per unit with an 8.21 gross rent multiplier. Property also includes a 3-car garage and sits on a corner lot in the Logan neighborhood near Gonzaga, downtown and area amenities. An opportunity to acquire an established multifamily property with substantial existing income and potential for future improvement.
Property Details
Property Type
Residential Income
Year Built
1900
County
Spokane
Lot Size
0.16 acres
Garage
3-car
Schools
Elementary: Spokane Dist 81
Days on Market
149 days
MLS #
SAR202615914
Parcel #
35084.2513
MLS Area
A340/025
MLS Class
Rental Income
Listing Terms
Conventional, Cash, Commercial
Road Frontage
City Street, Paved Road
Street Direction
E
Listed On
Apr 22, 2026
Status Changed
Sep 2, 2026
Last MLS Update
Sep 15, 2026
MLS Branch
1180
Original List Price
$599,000
School Information
Elementary
Spokane Dist 81
Home Features & Details
Construction
Structure Type
Roof
Basement
Heating
Utilities
Appliances
Interior Features
Patio & Porch
Views
Parking
Lot Features
Other Structures
Listed By
Billy Deese
Deese 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
$2,920/mo
Estimated at 6.5% APR, 30-year fixed. For informational purposes only.
Property Highlights
Location
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