Active
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$2,100,000

12,800 sqft
49 days
Residential Income|Built 1965
Joey Costello

Joey Costello

Windermere North Spokane

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About This Home

20-unit multifamily investment opportunity in convenient North Spokane location. The property features 20 one-bedroom, one-bath units with LVP flooring, off-street parking, and an on-site laundry facility. Current rental income is $16,578.50 per month. Built in 1965, the 12,800 SF property offers an attractive investment profile with a $105,000 NOI and 6.38% cap rate.

Property Details

Property Type

Residential Income

Year Built

1965

County

Spokane

Living Area

12,800 sqft

Price / Sqft

$164

Schools

Elementary: Spokane Dist 81

Days on Market

49 days

MLS #

SAR202622562

Parcel #

36322.0623

Total Building Area

12,800 sqft

MLS Area

A340/004

MLS Class

Rental Income

Listing Terms

Conventional, Cash, Commercial

Road Frontage

City Street, Paved Road

Street Direction

N

Listed On

Jul 31, 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

Brick

Structure Type

Two Story

Roof

Composition

Basement

PartialLaundryCrawl Space

Heating

ElectricBaseboardHot Water

Parking

CarportOff SiteAlley Access

Lot Features

Sprinkler - AutomaticTreedLevel

Listed By

Ryan Towner

LT Real Estate

Estimated Monthly Payment

$11,375/mo

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

Property Highlights

Year Built1965
Square Footage12,800 sqft
Price / Sqft$164
StatusActive

Location

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