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$1,100,000
Joey Costello
Windermere North Spokane
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About This Home
Hard to find rare offering. 12 Unit multi-family apartment investment in downtown Spokane. Building/units need updating but lots of upside potential here. Just up the street from the Spokane Arena. Twin buildings with 6 units each. Community courtyard. 2 1/2 story walk up style construction with balconies on each unit. (4) 2 bed 1 bath units and (8) 1 bed 1 unit . Common laundry areas for additional income. Close to everything. Some units in process of being updating, others are dated and older but potential for higher rents with updating of the building/units. Maintenace free pebblecrete exterior. Do not disturb tenants.
Sale Summary
Sold Price
$850,000
List Price
$1,100,000
Sale vs List
-23%
Close Date
Aug 19, 2025
Financing
Other
Buyer's Agent
Karl Wilkinson
Property Details
Property Type
Rental
Year Built
1969
County
Spokane
Lot Size
0.33 acres
Living Area
7,686 sqft
Price / Sqft
$143
Total Parking
12 spaces
Schools
Elementary: Spokane Dist 81
Days to Sell
164 days
MLS #
SAR202512911
Parcel #
35182.0804
Annual Taxes
$10,357
Total Building Area
7,686 sqft
MLS Area
A330/024
MLS Class
Rental Income
Listing Terms
Conventional, Cash
Road Frontage
City Street, Paved Road
Street Direction
N
MLS Status
Sold
Listed On
Mar 7, 2025
Went Pending
May 24, 2025
Status Changed
Aug 19, 2025
Last MLS Update
Aug 20, 2025
MLS Branch
733
School Information
Elementary
Spokane Dist 81
Home Features & Details
Architectural Style
Construction
Structure Type
Roof
Basement
Heating
Views
Parking
Lot Features
Listed By
Kirk Holding
Realty Northwest
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
$5,958/mo
Estimated at 6.5% APR, 30-year fixed. For informational purposes only.
Property Highlights
Location
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