1405 W 8th Ave, Spokane, WA 99204
- 9,372 sqft
Rental 
Built in 1962 
0.28acre lot
—— car garage 
$186/sqft 
Listed 1 month ago
Property Description
Cedar Terrace Apartments presents an excellent investment opportunity with a strong mix of one- and two-bedroom units and consistent rental income. The property features eight spacious one-bedroom, one-bath apartments and five two-bedroom, one-bath apartments, collectively generating $14,776 per month in rental income. Residents enjoy convenient amenities, including an on-site laundry facility, with many units also offering the added benefit of in-unit washer and dryer setups. The beautifully landscaped grounds create an inviting atmosphere that enhances curb appeal and tenant satisfaction. Ideally located near restaurants, shopping, I-90, and downtown Spokane, Cedar Terrace combines accessibility with a comfortable living environment, making it a desirable option for both investors and tenants.
- Listing Status:
- Active
- Listing Office:
- LT Real Estate : (509) 481-0373
- Listing Agent:
- Ryan Towner : (509) 481-0373
- MLS ID:
- 202523584
- Parking: Off Site
- Roofing: Composition
- General: Two Story
- Road/Access: City StreetPaved Road
- HOA Amenities: LaundryStorage
- Originating MLS: sarmls
- School District: Spokane Dist 81
- County: Spokane
- Zoning: 25244.4001
- Source: sarmls
This listing courtesy of Ryan Towner, LT Real Estate
Location
Schools Nearby
Roosevelt Elementary School
333 W 14th Ave, Spokane, WA, 99204
Grades PK-5
0.94 miles away
Shrine Hospital
911 W 5th Ave, Spokane, WA, 99204
Grades PK-12
0.39 miles away
Lewis & Clark High School
521 W 4th Ave, Spokane, WA, 99204
Grades 9-12
0.64 miles away
