Bought with Karl Wilkinson
$1,100,000
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7,686 SqFt
SOLD DATE : 08/19/2025
Key Details
Property Type Multi-Family
Sub Type Rental
Listing Status Sold
Purchase Type For Sale
Square Footage 7,686 sqft
Price per Sqft $110
MLS Listing ID 202512911
Style Contemporary
Year Built 1969
Annual Tax Amount $10,357
Lot Size 0.330 Acres
Property Sub-Type Rental
Property Description
Hard to find rare offering. 12 Unit multi-family apartment investment in downtown Spokane. Building/units need updating but lots of upside potential here. Just up the street from the Spokane Arena. Twin buildings with 6 units each. Community courtyard. 2 1/2 story walk up style construction with balconies on each unit. (4) 2 bed 1 bath units and (8) 1 bed 1 unit . Common laundry areas for additional income. Close to everything. Some units in process of being updating, others are dated and older but potential for higher rents with updating of the building/units. Maintenace free pebblecrete exterior. Do not disturb tenants.
Location
State WA
County Spokane
Interior
Heating Baseboard
Exterior
Parking Features Detached, Carport, Off Site, Alley Access, Shared Driveway
Amenities Available Laundry, Gas
View Y/N true
View City
Roof Type Composition
Building
Lot Description Fenced Yard, Level, City Bus (w/in 6 blks), Oversized Lot
Story 3
Structure Type Stone,Stone Veneer
Schools
School District Spokane Dist 81
Others
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
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