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1405 W 8th Ave, Spokane, WA 99204
$1,600,000
Active
MLS® 202622556
Multi Family Home
ActiveMLS® 202622556
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Multi Family Home
MLS® 202622556
$1,600,000
1405 W 8th Ave, Spokane, WA 99204
28
Acres
9,372
Sq.Ft.
Built 1962
Description
13-unit multifamily investment opportunity featuring 8 one-bedroom/one-bath units and 5 two-bedroom/one-bath units. The property generates $16,092.13 in Effective Gross Income and offers an on-site laundry facility, beautifully landscaped grounds, and a convenient location near restaurants, shopping, I-90, and Downtown Spokane. Investment highlights include a $114,247.54 NOI and a 7.14% cap rate, providing an attractive opportunity for investors seeking established rental income in a convenient Spokane location.
Interior features
- Basement description None
- Lot dimension 28
Exterior features
- Lot dimension 28
- Roofing materials Composition
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Location
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