Pending
1019 S Monroe St - Photo 1
1019 S Monroe St - Photo 2
1019 S Monroe St - Photo 3
1019 S Monroe St - Photo 4
1019 S Monroe St - Photo 5
1019 S Monroe St - Photo 6
1019 S Monroe St - Photo 7
1019 S Monroe St - Photo 8
1019 S Monroe St - Photo 9
1019 S Monroe St - Photo 10
1019 S Monroe St - Photo 11
1019 S Monroe St - Photo 12
1019 S Monroe St - Photo 13
1019 S Monroe St - Photo 14
1019 S Monroe St - Photo 15
1019 S Monroe St - Photo 16
1019 S Monroe St - Photo 17
1019 S Monroe St - Photo 18
1019 S Monroe St - Photo 19
1019 S Monroe St - Photo 20
1019 S Monroe St - Photo 21
1019 S Monroe St - Photo 22
1019 S Monroe St - Photo 23
1019 S Monroe St - Photo 24
1019 S Monroe St - Photo 25
1019 S Monroe St - Photo 26
1019 S Monroe St - Photo 27
1019 S Monroe St - Photo 28
1019 S Monroe St - Photo 29
1019 S Monroe St - Photo 30
1019 S Monroe St - Photo 31
1019 S Monroe St - Photo 32
1019 S Monroe St - Photo 33
1019 S Monroe St - Photo 34
1019 S Monroe St - Photo 35
1019 S Monroe St - Photo 36
1019 S Monroe St - Photo 37
1019 S Monroe St - Photo 38
1019 S Monroe St - Photo 39
1019 S Monroe St - Photo 40
1019 S Monroe St - Photo 41
1019 S Monroe St - Photo 42
1019 S Monroe St - Photo 43
1019 S Monroe St - Photo 44
1019 S Monroe St - Photo 45
1019 S Monroe St - Photo 46
1019 S Monroe St - Photo 47
1019 S Monroe St - Photo 48
1019 S Monroe St - Photo 49
1019 S Monroe St - Photo 50

$575,000

5,022 sqft
42 days
Residential Income|Built 1940
Joey Costello

Joey Costello

Windermere North Spokane

Tour for free, no strings attached

Make a winning offer with the help of a local expert

|(509) 507-0982

About This Home

Exceptional value-add investment opportunity in a prime South Hill location! This 6-unit apartment building features five 1-bedroom/1-bath units and one studio, ideally situated directly across from Huckleberry's Natural Market and just minutes from Downtown Spokane, Sacred Heart, Deaconess, and other major employers. The property offers five covered off-street parking spaces, coin-operated laundry, and a history of stable, long-term tenants who are all current on rent. While the building has been well maintained, many units remain dated, providing an excellent opportunity to renovate and capture significant rental upside as units turn over. Strong location, dependable tenancy, and below-market rents make this an attractive investment with immediate income and long-term appreciation potential.

Property Details

Property Type

Residential Income

Year Built

1940

County

Spokane

Lot Size

0.18 acres

Living Area

5,022 sqft

Price / Sqft

$114

Garage

5-car

Schools

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

Days on Market

42 days

MLS #

SAR202622248

Parcel #

35193.3607

Annual Taxes

$5,328

Total Building Area

5,022 sqft

MLS Area

A220/040

MLS Class

Rental Income

Listing Terms

Conventional, Cash

Road Frontage

City Street, Paved Road

Street Direction

S

MLS Status

Pending-Inspection

Listed On

Aug 7, 2026

Went Pending

Sep 17, 2026

Status Changed

Sep 18, 2026

Last MLS Update

Sep 18, 2026

MLS Branch

1199

School Information

Elementary

Spokane Dist 81

Middle School

Sacajawea

High School

Lewis & Clark

Home Features & Details

Construction

Brick

Structure Type

Three Story

Roof

Tile

Basement

FullFinished

Heating

Natural GasHot Water

Appliances

Free-Standing RangeRefrigerator

Views

Territorial

Parking

Detached

Lot Features

Cross FncdLevelCity Bus (w/in 6 blks)

Other Structures

See Remarks

Listed By

Jeff Hornberger

The Hornberger Group, LLC

Estimated Monthly Payment

$3,115/mo

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

Property Highlights

Year Built1940
Square Footage5,022 sqft
Lot Size0.18 acres
Price / Sqft$114
StatusPending

Location

Loading map...

Comparable Properties

Thinking of Selling?

Get Joey's Full-Service Marketing

Professional photography, targeted advertising, and expert negotiation for every Spokane home — no matter the price point.

CallText Joey About This Home