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Listed by Ryan Towner • LT Real Estate
$ 1,250,000
Est. payment | /mo
4,984 SqFt
$ 1,250,000
Est. payment | /mo
4,984 SqFt
Key Details
Property Type Multi-Family
Sub Type Rental
Listing Status Active
Purchase Type For Sale
Square Footage 4,984 sqft
Price per Sqft $250
MLS Listing ID 202515268
Year Built 1911
Lot Size 6,969 Sqft
Lot Dimensions 0.16
Property Sub-Type Rental
Property Description
This well-maintained 8-unit apartment building offers a mix of five one-bedroom units and three two-bedroom units, generating a strong monthly rental income of $8,486. Ideally located near Maple Street freeway access and within walking distance to local restaurants, shopping, and parks, the property combines convenience with classic charm. Updated units feature high ceilings, large windows, and elegant hardwood floors, creating bright, airy living spaces. Many units have been thoughtfully updated with remodeled kitchens and bathrooms, complemented by open floor plans and modern finishes. Overhead dimmable recessed lighting and on-site laundry facilities provide everyday convenience for tenants. With its appealing blend of character, modern upgrades, and prime location, this multifamily property presents an excellent investment opportunity in one of Spokane's most accessible and desirable neighborhoods.
Location
State WA
County Spokane
Rooms
Basement Full, Partially Finished
Interior
Heating Electric, Baseboard
Exterior
Parking Features Off Site
Amenities Available Laundry
View Y/N true
Roof Type Composition
Building
Story 3
Structure Type Wood Siding
Schools
Elementary Schools Roosevelt
Middle Schools Sacajawea
High Schools Lewis & Clark
School District Spokane Dist 81
Others
Acceptable Financing Conventional, Cash, Commercial
Listing Terms Conventional, Cash, Commercial