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1103-912 S Madison A W 9th Ave

Spokane, WA 99204
  • $1,410,542
  • STATUS: Active
  • ON SITE: 26 Days
  • ID#: 202515370
UPDATED: 61 min ago
$1,410,542
  • 0
    BEDS
  • 0.3
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 10,568
    SQFT
  • $133
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1904
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Two buildings on one lot present a rare and valuable investment opportunity with strong rental income and excellent tenant appeal. The first building is a well-maintained fourplex, offering four spacious 2-bedroom units. The second building includes a total of seven units, made up of one studio, four 1-bedroom units, and two 2-bedroom units. Together, the properties generate a solid monthly rental income of $11,636. Both buildings offer convenience and comfort, featuring on-site laundry facilities and covered carport parking for tenants. With a great unit mix and consistent income, this property is ideal for investors seeking a reliable, cash-flowing asset in a desirable rental market. Whether you're expanding your portfolio or looking for a stable return, this property checks all the boxes.

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© 2025 of Spokane Association of REALTORS­® MLS. All rights reserved. Listing information courtesy of Spokane Association of REALTORS­® MLS. IDX data is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the SARMLS. Data last updated 2025-05-18T21:20:45.81.
www.kellerwilliamscda.com/homes/162801684
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1103-912 S Madison A W 9th Ave Spokane, WA 99204

  • Price: $1,410,542
  • Status: Active
  • On Site: 26 Days
  • Updated: 61 min ago
  • ID#: 202515370
0
Beds
0
Baths
0
½ Baths
0.3
Acres
10,568
SQFT
$133
$/SQFT
1904
Built
Neighborhood:
A220/040
County:
Spokane
Area:
A220/040
Elementary School:
Roosevelt
Middle School:
Sacajawea
High School:
Lewis & Clark
School District:
Spokane Dist 81
Property Description
Two buildings on one lot present a rare and valuable investment opportunity with strong rental income and excellent tenant appeal. The first building is a well-maintained fourplex, offering four spacious 2-bedroom units. The second building includes a total of seven units, made up of one studio, four 1-bedroom units, and two 2-bedroom units. Together, the properties generate a solid monthly rental income of $11,636. Both buildings offer convenience and comfort, featuring on-site laundry facilities and covered carport parking for tenants. With a great unit mix and consistent income, this property is ideal for investors seeking a reliable, cash-flowing asset in a desirable rental market. Whether you're expanding your portfolio or looking for a stable return, this property checks all the boxes.
Exterior Features

Architectural Style Victorian Carport Spaces 3 Construction Materials AsbestosVinyl SidingWood Siding Parking Features CarportOff Site Road Frontage Type City Street Roof Composition

Interior Features

Basement Laundry Basement YN Yes Heating Natural GasElectricForced AirBaseboard

Property Features

Association Amenities Laundry Building Area Total 10568 Listing Terms ConventionalCash Lot Size Length 132 Property Sub Type Rental Structure Type See Remarks

Listing provided courtesy of LT Real Estate: .


© 2025 of Spokane Association of REALTORS­® MLS. All rights reserved. Listing information courtesy of Spokane Association of REALTORS­® MLS. IDX data is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the SARMLS. Data last updated 2025-05-18T21:20:45.81.
 
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