$1,700,000
Joey Costello
Windermere North Spokane
Tour for free, no strings attached
Make a winning offer with the help of a local expert
About This Home
13-unit multifamily investment opportunity featuring 8 one-bedroom/one-bath units and 5 two-bedroom/one-bath units. The property generates $14,989 in monthly rental income and offers an on-site laundry facility, beautifully landscaped grounds, and a convenient location near restaurants, shopping, I-90, and Downtown Spokane. Investment highlights include a $116,128.50 NOI and a 6.83% cap rate, providing an attractive opportunity for investors seeking established rental income in a convenient Spokane location.
Property Details
Property Type
Residential Income
Year Built
1962
County
Spokane
Lot Size
28 acres
Living Area
9,372 sqft
Price / Sqft
$181
Schools
Elementary: Spokane Dist 81
Days on Market
51 days
MLS #
SAR202622556
Parcel #
25244.4001
Total Building Area
9,372 sqft
MLS Area
A220/040
MLS Class
Rental Income
Listing Terms
Conventional, Cash, Commercial
Road Frontage
City Street, Paved Road
Street Direction
W
Listed On
Jul 29, 2026
Status Changed
Aug 20, 2026
Last MLS Update
Aug 28, 2026
MLS Branch
1041
School Information
Elementary
Spokane Dist 81
Home Features & Details
Construction
Structure Type
Roof
Basement
Heating
Parking
Listed By
Ryan Towner
LT Real Estate
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
$9,208/mo
Estimated at 6.5% APR, 30-year fixed. For informational purposes only.
Property Highlights
Location
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