This property presents a rare opportunity to acquire two buildings on one lot in the desirable South Hill neighborhood of Spokane. The property includes a well-maintained triplex featuring two spacious three-bedroom units and one two-bedroom unit, along with a separate nine-unit building comprised of seven two-bedroom units and two one-bedroom units. Together, the buildings generate a strong rental income of $15,092 per month, with additional upside from eight garages that provide extra rental revenue. Tenants benefit from on-site laundry facilities, with some apartments upgraded to feature their own in-unit laundry for added convenience. Located at 1204 W 8th Ave and 720 S Jefferson St, this property combines consistent income, prime location, and a diverse mix of units, making it a compelling investment opportunity in Spokanes multifamily market.
Listed By
Agency Name: LT Real Estate
Shown By
Agent Name: Abbey Parsons
Agent Phone: (509) 939-0602
Agency Title: Coldwell Banker Tomlinson
Estimated Payment
$ 4,216.37 per month $3,727.82 Principal & Interest $0.00 Property Tax (data not provided by mls) $488.54 Homeowner's Insurance
1204 W 8th Ave | MLS# 202523513
This multi-family property located at 1204 W 8th Ave, Spokane, WA 99204 is currently listed for sale with an asking price of $1,675,000. W 8th Ave is located within the Spokane Dist 81 school district. Search Spokane real estate on www.abbeyparsons.com today.