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$1,322,785

6,740 sqft
519 days
Rental|Built 1890
Joey Costello

Joey Costello

Windermere North Spokane

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About This Home

Located just minutes from I-90 and downtown Spokane, this well-maintained 11-unit apartment building offers a strong mix of units and reliable income in a highly accessible location. The property features seven one-bedroom units, two two-bedroom units, one three-bedroom unit, and one studio, with a total monthly rental income of $11,127. Recent unit updates have enhanced the appeal of this classic building, offering tenants a comfortable and modern living experience. Each unit benefits from thoughtful upgrades and functional layouts, while the on-site laundry facilities add convenience. A large private parking lot provides ample off-street parking—an added bonus in this central location. With steady cash flow, proximity to downtown amenities, and easy freeway access, this property is a great opportunity for investors seeking a stabilized asset with long-term upside.

Sale Summary

Sold Price

$1,250,000

List Price

$1,322,785

Sale vs List

-6%

Close Date

Feb 10, 2026

Financing

Conventional

Buyer's Agent

MISC MISC

Property Details

Property Type

Rental

Year Built

1890

County

Spokane

Lot Size

0.53 acres

Living Area

6,740 sqft

Price / Sqft

$196

Schools

Elementary: Spokane Dist 81, Middle: Sacajawea, High: Lewis & Clark

Days to Sell

297 days

MLS #

SAR202515272

Parcel #

35193.3801

Total Building Area

6,740 sqft

MLS Area

A220/032

MLS Class

Rental Income

Listing Terms

Conventional, Cash

Road Frontage

City Street

Street Direction

S

MLS Status

Sold

Listed On

Apr 18, 2025

Went Pending

Jul 8, 2025

Status Changed

Feb 12, 2026

Last MLS Update

Feb 12, 2026

MLS Branch

1041

School Information

Elementary

Spokane Dist 81

Middle School

Sacajawea

High School

Lewis & Clark

Home Features & Details

Construction

Stucco

Structure Type

Two Story

Roof

Flat

Basement

PartialPartially Finished

Heating

ElectricBaseboard

Parking

Off SiteSee Remarks

Listed By

Ryan Towner

LT Real Estate

Estimated Monthly Payment

$7,165/mo

Estimated at 6.5% APR, 30-year fixed. For informational purposes only.

Property Highlights

Year Built1890
Square Footage6,740 sqft
Lot Size0.53 acres
Price / Sqft$196
StatusClosed

Location

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