





































Joey Costello
Windermere North Spokane
Tour for free, no strings attached
Make a winning offer with the help of a local expert
Cash-Flowing Triplex with Value-Add Potential! Fully occupied and producing $3,275 per month in gross rental income ($39,300 annually), this investment property offers immediate returns and long-term upside. The unit mix includes one 2-bedroom unit and two 1-bedroom units with established rents of $1,400, $1,000, and $875 per month. Great South hill location! Investors will appreciate the opportunity to further increase returns through future rent adjustments, property enhancements, improved operational efficiencies, and potential basement unit expansion. With tenants already in place and income from day one, this property checks the boxes for investors seeking both stability and growth. New roof in 2019 and new vinyl windows in 2025. Rare opportunity to acquire a performing asset with existing cash flow and multiple strategies for increasing value and maximizing ROI. Showings available with accepted offer. AI was used to remove tenant personal items. Buyer and buyer's agent to verify all information.
Property Type
Residential Income
Year Built
1906
County
Spokane
Lot Size
0.06 acres
Living Area
2,002 sqft
Price / Sqft
$225
Schools
Elementary: Spokane Dist 81, Middle: Sacajawea, High: Lewis & Clark
Days on Market
37 days
MLS #
SAR202622528
Parcel #
25244.1502
Total Building Area
2,002 sqft
MLS Area
A220/040
MLS Class
Rental Income
Listing Terms
Conventional, Cash
Road Frontage
City Street, Private Road
Street Direction
S
Listed On
Aug 13, 2026
Status Changed
Aug 20, 2026
Last MLS Update
Aug 20, 2026
MLS Branch
552
Elementary
Spokane Dist 81
Middle School
Sacajawea
High School
Lewis & Clark
Construction
Structure Type
Roof
Basement
Heating
Cooling
Appliances
Fireplace Features
Parking
Lot Features
Listed By
Chris Patton
Kelly Right Real Estate of Spokane

Joey Costello
Windermere North Spokane
Tour for free, no strings attached
Make a winning offer with the help of a local expert
$2,437/mo
Estimated at 6.5% APR, 30-year fixed. For informational purposes only.
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