$550000
Bed
Bath
2850 SqFt
1 DOM
Built: 1911
CEO & Founder
(650)533-3259Well-maintained 7-unit apartment property built in 1911, offering a prime value-add opportunity in a central Spokane location near major employers, parks, schools, and everyday amenities. With nearly $115,000 in recent capital improvements, buyers are perfectly positioned to immediately focus on unit upgrades to push rents and increase returns. Recent work includes new electrical panels, furnace, windows, siding, and fresh exterior paint supporting strong day-one operations and reducing near-term capex. Investors can capture an estimated 16% rent growth as-is, with potential to drive approximately 28% upside with renovations. Excellent transit access with multiple bus stops within walking distance, making travel throughout Spokane easy.
Listing Provided Courtesy of Max Frame, Kidder Mathews
NWM2466192
Multi Family
1 DOM
5998.21 SqFt
2850
1911
Spokane
Residential Incom
Multi Family
Listing Provided Courtesy of Max Frame, Kidder Mathews
Kasamestates data last checked: Mar 01, 2026 05:36 | Listing last modified Jan 08, 2026 21:38,
Source:
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