$1,050,000
Joey Costello
Windermere North Spokane
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Make a winning offer with the help of a local expert
About This Home
SVN Cornerstone is pleased to present the Villa Maria Apartments for sale located at 418 E Mission Ave in Spokane's Logan neighborhood. The Villa Maria Apartments consist of a 15 bedroom shared housing residence with five bathrooms. The property features a large shared kitchen, furnished common living areas, a common laundry room with two washers and two dryers, and five off street parking spaces. - Recent capital improvements include fully furnished bedrooms, upgraded copper electrical wiring, a newer asphalt shingle roof, double pane windows, and a high efficiency gas water heater. - Prime Logan neighborhood location within walking distance of Gonzaga University, downtown Spokane, shopping, dining, and major employers. - All bedrooms and common areas are fully furnished, allowing for seamless leasing and making this a turnkey investment. - Affordable by the room housing attracts a stable tenant base primarily consisting of students. - Residential utility rates reduce operating expenses and enhance NOI
Property Details
Property Type
Residential Income
Year Built
1905
County
Spokane
Lot Size
0.16 acres
Living Area
6,000 sqft
Price / Sqft
$175
Schools
Elementary: Spokane Dist 81, Middle: Yasuhara, High: North Central
Days on Market
172 days
MLS #
SAR202614399
Parcel #
35172.0303
Total Building Area
6,000 sqft
MLS Area
A340/025
MLS Class
Rental Income
Listing Terms
FHA, Conventional, Cash, Commercial
Road Frontage
City Street, Paved Road
Street Direction
E
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
Yasuhara
High School
North Central
Home Features & Details
Architectural Style
Construction
Structure Type
Roof
Basement
Heating
Cooling
Parking
Lot Features
Listed By
Jordan Lester
SVN Cornerstone
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
$5,688/mo
Estimated at 6.5% APR, 30-year fixed. For informational purposes only.
Property Highlights
Location
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