BEDS3
BATHS
MLS#202618313
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLSpokane Dist 81
Property Description
This South Hill multifamily portfolio offers a unique opportunity to acquire 19 units across three buildings on two parcels in one of Spokanes most desired neighborhoods. The portfolio features a diverse unit mix of seven 1-bedroom units, ten 2-bedroom units, and two 3-bedroom units. The properties generate strong cash flow with additional income from 13 garages, while tenant amenities include on-site laundry. Many units have been updated, and residents enjoy a highly desirable location within walking distance of neighborhood amenities, parks, restaurants, and shopping, with convenient access to downtown Spokane and I-90. Combining scale, unit diversity, supplemental garage income, and a prime South Hill location, this portfolio presents an exceptional opportunity for investors seeking a well-positioned multifamily asset with both stable returns and future upside potential.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Finished, Laundry
Garage: 4 car attached
Roof Type: Composition, Metal
Year Built: 1907
Feature Descriptions
Association Amenities: Laundry
Days on Site: 2
Exterior: Brick, Wood Siding
Heating/Cooling: Electric, Baseboard
Parcel#: 35193.0207
Parking: Attached, Detached
Local Schools
High School: Lewis & Clark
Middle School: Sacajawea
Elementary School: Roosevelt
School District: Spokane Dist 81
Listed By / Shown By
Listed By
Agency Name: LT Real Estate
Shown By
Agent Name: Joe Olney
Agent Phone: (509) 991-9715
Agency Title: Coldwell Banker Tomlinson
Estimate Your Payment
Estimated Payment
$ 5,034.47 per month $4,451.13 Principal & Interest $0.00 Property Tax (data not provided by mls) $583.33 Homeowner's InsuranceChange Payment Information
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Coldwell Banker Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each Office Is Independently Owned And Operated.
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Coldwell Banker Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each Office Is Independently Owned And Operated.
Coldwell Banker and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. ©2020 of the Spokane Association of REALTORS® MLS. All rights reserved.
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1204 W 8th Ave | MLS# 202618313
This multi-family property located at 1204 W 8th Ave, Spokane, WA 99204 is currently listed for sale with an asking price of $2,000,000. W 8th Ave is located within the Spokane Dist 81 school district. Search Spokane real estate on jolney.cbspokane.com today.