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206-886-3986
Real Estate Company
1303 W 13th Ave, Spokane, WA 99204
Listing courtesy of SARMLS / LT Real Estate
- $1,550,000
- 7,424
- SqFt
- List Price
- $1,550,000
- Status
- ACTIVE
- MLS#
- 202626401
- Subtype
- Residential Income
- Year Built
- 1968
- Living Area
- 7,424
- Lot Size
- 16,250
- Acres
- 0.37
- Subdivision
- Booge's Addition
- MLS Area Major
- SW Urban S I-90
Property Description
8-unit multifamily property on Spokane's South Hill (Cliff-Cannon) is 100% occupied, featuring eight 2 bed/1 bath units of approximately 1,000 SF each. The 2-story building was built in 1968 and sits on a .37 acre (16,250 SF) lot. Recent updates include a new roof and water heaters in 2025 and updated windows. Units offer electric heat, in-unit washer/dryers, and wood fireplaces in 4 units, with covered off-street parking plus an adjacent lot. Just minutes from Manito Park, Riverfront Park, restaurants, hospitals and transportation. Gross scheduled rent is $129,600 per year ($10,800/month), with an NOI of $91,446 and a 5.90% cap rate.
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Additional Information
- Amenities
- Laundry, Storage
- Taxes
- $8,977
- Appliances
- Washer, Dryer
- Stories
- 2
- Roof
- Flat
- School District
- Spokane Dist 81
Listings last updated . All information provided is deemed reliable but is not guaranteed and should be independently verified.