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$550,000

3,240 sqft
367 days
Rental|Built 1911
Joey Costello

Joey Costello

Windermere North Spokane

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About This Home

Prime investment opportunity awaits in Newport! This 16-unit apartment complex is perfectly situated in the heart of town, just steps from vibrant shopping, dining and recreation. Ideal for investors or owner-occupants seeking steady income potential in a high demand location. Don't miss this rare chance to own a well-positioned multi-family property in Newport's thriving community!

Sale Summary

Sold Price

$550,000

List Price

$550,000

Sale vs List

+0%

Close Date

Oct 27, 2025

Financing

Conventional

Buyer's Agent

Cody Abbott

Property Details

Property Type

Rental

Year Built

1911

County

Pend Oreille

Lot Size

0.07 acres

Living Area

3,240 sqft

Price / Sqft

$170

Schools

Elementary: Newport

Days to Sell

39 days

MLS #

SAR202524106

Total Building Area

3,240 sqft

MLS Area

A943/181

MLS Class

Rental Income

Listing Terms

Conventional, Cash

Road Frontage

City Street, Paved Road

Street Direction

W

MLS Status

Sold

Listed On

Sep 17, 2025

Went Pending

Sep 18, 2025

Status Changed

Nov 1, 2025

Last MLS Update

Nov 1, 2025

MLS Branch

1069

School Information

Elementary

Newport

Home Features & Details

Architectural Style

Other

Construction

Fiber Cement

Structure Type

Three Story

Roof

Slate

Basement

PartialUnfinished

Heating

ElectricBaseboard

Appliances

Refrigerator

Views

City

Parking

Off SiteNone

Lot Features

LevelOpen Lot

Listed By

Jasmine Ahrndt

eXp Realty, LLC Branch

Estimated Monthly Payment

$2,979/mo

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

Property Highlights

Year Built1911
Square Footage3,240 sqft
Lot Size0.07 acres
Price / Sqft$170
StatusClosed

Location

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