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206-886-3986
Real Estate Company
1412 Post, Spokane, WA 99201
Courtesy of LT Real Estate
- $2,000,000
- 14,353
- SqFt
- List Price
- $2,000,000
- Status
- ACTIVE
- MLS#
- 26-10538
- Subtype
- Residential Income
- Style
- Multi Level
- Year Built
- 1914
- Living Area
- 14,353
- Lot Size
- 17,859
- Acres
- 0.41
- Subdivision
- N/A
- Neighborhood
- N/A
- MLS Area Major
- Washington Counties
Property Description
This 20-unit multifamily investment property offers a mix of 1 three-bedroom unit, 11 one-bedroom units, and 8 studios, with gross monthly income of $21,740.46. Located near Downtown Spokane, the property features off-street parking, on-site laundry, and a roof replaced in 2025. The 14,353 SF building was built in 1914 and is offered at $2,000,000, or $100,000 per unit, with a reported NOI of $143,038.07 and a 7.15% cap rate.
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Additional Information
- Taxes
- $17,361
- Property Description
- Multi Level
- Zoning
- RHD
- Heating
- Hot Water, Natural Gas
- Roof
- Rubber
- Foundation
- Concrete Perimeter
- School District
- Other
- View
- City