$1,750,000/mo

1204 W 8th Ave, Spokane, WA 99204

  • 12,157 sqft
  • Property Icon Rental
  • Property Year Built Icon Built in 1907
  • Property Lot Size Icon0.32acre lot
  • Property Parking Icon 4 car garage
  • Property Price Per Square Feet Icon $144/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

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 $15,018 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 Spokane’s multifamily market.

Listing Status:
Active
Listing Office:
LT Real Estate : (509) 481-0373
Listing Agent:
Ryan Towner : (509) 481-0373
MLS ID:
202523513
  • Basement: FullFinishedDaylightLaundry
  • Heating: ElectricBaseboard
  • Parking: AttachedDetached
  • Roofing: CompositionMetal
  • General: Three Story
  • Road/Access: City StreetPaved Road
  • HOA Amenities: Laundry
  • Originating MLS: sarmls
  • School District: Spokane Dist 81
  • County: Spokane
  • Zoning: 35193.0207
  • Source: sarmls

This listing courtesy of Ryan Towner, LT Real Estate

Location

Schools Nearby

R

Roosevelt Elementary School

333 W 14th Ave, Spokane, WA, 99204

Grades PK-5

0.84 miles away

S

Shrine Hospital

911 W 5th Ave, Spokane, WA, 99204

Grades PK-12

0.27 miles away

L

Lewis & Clark High School

521 W 4th Ave, Spokane, WA, 99204

Grades 9-12

0.50 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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