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1405 W 8th Ave

Spokane, WA 99204
  • $1,700,000
  • STATUS: Active
  • ON SITE: 28 Days
  • ID#: 202622556
UPDATED: 38 min ago
$1,700,000
  • 0
    BEDS
  • 28
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 9,372
    SQFT
  • $181
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1962
County:
Area:

School Ratings & Info

School District:

Description

13-unit multifamily investment opportunity featuring 8 one-bedroom/one-bath units and 5 two-bedroom/one-bath units. The property generates $14,989 in monthly rental income and offers an on-site laundry facility, beautifully landscaped grounds, and a convenient location near restaurants, shopping, I-90, and Downtown Spokane. Investment highlights include a $116,128.50 NOI and a 6.83% cap rate, providing an attractive opportunity for investors seeking established rental income in a convenient Spokane location.

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© 2026 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 2026-09-11T15:20:49.89.
www.kellerwilliamscda.com/homes/180131026
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1405 W 8th Ave Spokane, WA 99204

  • Price: $1,700,000
  • Status: Active
  • On Site: 28 Days
  • Updated: 38 min ago
  • ID#: 202622556
0
Beds
0
Baths
0
½ Baths
28
Acres
9,372
SQFT
$181
$/SQFT
1962
Built
Neighborhood:
A220/040
County:
Spokane
Area:
A220/040
School District:
Spokane Dist 81
Property Description
13-unit multifamily investment opportunity featuring 8 one-bedroom/one-bath units and 5 two-bedroom/one-bath units. The property generates $14,989 in monthly rental income and offers an on-site laundry facility, beautifully landscaped grounds, and a convenient location near restaurants, shopping, I-90, and Downtown Spokane. Investment highlights include a $116,128.50 NOI and a 6.83% cap rate, providing an attractive opportunity for investors seeking established rental income in a convenient Spokane location.
Exterior Features

Construction Materials StoneWood Siding Parking Features CarportOff Site Road Frontage Type City StreetPaved Road Roof Composition

Interior Features

Basement None Heating Baseboard

Property Features

Additional Parcels YN No Association Amenities None Building Area Total 9372 Listing Terms ConventionalCashCommercial Property Sub Type Residential Income Structure Type Three Story

Listing provided courtesy of LT Real Estate: .


© 2026 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 2026-09-11T15:20:49.89.
 
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