







































Joey Costello
Windermere North Spokane
Tour for free, no strings attached
Make a winning offer with the help of a local expert
Well-maintained 8-unit investment opportunity consisting of two 4-plexes on separate residential parcels, offering the possibility of residential financing with more favorable terms than typical commercial loans, subject to buyer’s lender. Each unit features a spacious 2 bed / 1 bath layout of approximately 1000 SF with washer/dryer hookups—larger than typical Spokane rentals—supporting strong tenant demand and retention. Property has been carefully self-managed with excellent upkeep and a stable tenant base with consistent payment history. Recent improvements include multiple newer water heaters and washer/dryer units. In-place rents provide solid cash flow with clear upside through light interior updates; comparable renovated units are achieving ~$1,450–$1,550/mo. One unit has been left intentionally vacant for owner-occupancy or immediate lease-up at market rent. A well-performing, stabilized asset with consistent operations and a straightforward value-add opportunity in a high-dema
Property Type
Residential Income
Year Built
1994
County
Spokane
Lot Size
0.2 acres
Living Area
8,370 sqft
Price / Sqft
$149
Total Parking
10 spaces
Schools
Elementary: Spokane Dist 81, Middle: Glover, High: North Central
Days on Market
155 days
MLS #
SAR202615565
Parcel #
35063.3709
Annual Taxes
$12,969
Total Building Area
8,370 sqft
MLS Area
A330/020
MLS Class
Rental Income
Listing Terms
Conventional, Cash
Road Frontage
City Street, Paved Road
Street Direction
N
Listed On
Apr 16, 2026
Status Changed
Sep 1, 2026
Last MLS Update
Sep 1, 2026
MLS Branch
1199
Original List Price
$1,350,000
Elementary
Spokane Dist 81
Middle School
Glover
High School
North Central
Architectural Style
Construction
Structure Type
Roof
Basement
Heating
Cooling
Appliances
Patio & Porch
Views
Parking
Lot Features
Listed By
Jeff Hornberger
The Hornberger Group, LLC

Joey Costello
Windermere North Spokane
Tour for free, no strings attached
Make a winning offer with the help of a local expert
$6,771/mo
Estimated at 6.5% APR, 30-year fixed. For informational purposes only.
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