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$645,000

3,919 sqft
173 days
Residential Income|Built 1902
Joey Costello

Joey Costello

Windermere North Spokane

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About This Home

SVN Cornerstone is pleased to present the Seventh Apartments for sale located at 1427 W 7th Ave in Spokane's Cliff Cannon neighborhood. The Seventh Apartments consist of six total units including five 1bed/1bath units and 1 studio. The property features three on site parking spaces, ample street parking, and a dedicated room that can be converted into a laundry room. Highilights - 100% Occupied – Fully occupied property providing immediate and stable cash flow. - Over $30K in Recent CapEx – Recent improvements include new water heaters and fresh exterior paint. - Upgraded Copper Electrical Wiring – Copper electrical wiring reduces insurance concerns and future capital needs. - Unique Property Layout – One unit is located in a separate building, offering added privacy and a distinctive unit mix. - Prime Central Location – Conveniently located near a bus stop, hospitals, downtown Spokane, I-90, shopping, dining, and major employers.

Property Details

Property Type

Residential Income

Year Built

1902

County

Spokane

Lot Size

0.16 acres

Living Area

3,919 sqft

Price / Sqft

$165

Schools

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

Days on Market

173 days

MLS #

SAR202614397

Parcel #

25244.3306

Total Building Area

3,919 sqft

MLS Area

A220/040

MLS Class

Rental Income

Listing Terms

FHA, Conventional, Cash, Commercial

Road Frontage

City Street, Paved Road

Street Direction

W

Listed On

Mar 30, 2026

Status Changed

Apr 6, 2026

Last MLS Update

Jul 28, 2026

MLS Branch

1378

School Information

Elementary

Spokane Dist 81

Middle School

Sacajawea

High School

Lewis & Clark

Home Features & Details

Construction

Wood Siding

Structure Type

Two Story

Roof

Composition

Basement

Unfinished

Heating

ElectricBaseboard

Parking

Off Site

Lot Features

LevelCorner Lot

Listed By

Jordan Lester

SVN Cornerstone

Estimated Monthly Payment

$3,494/mo

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

Property Highlights

Year Built1902
Square Footage3,919 sqft
Lot Size0.16 acres
Price / Sqft$165
StatusActive

Location

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