1405 W 8th Ave

Spokane, WA 99204

  • $1,600,000

    Price

  • 9,372

    SqFt

  • 0.28

    Acre

Listing Provided Courtesy of Ryan Towner 509-481-0373 - LT Real Estate 509-481-0373

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About the Listing LTRE - 13275

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.

Listing Highlights for 1405 W 8th Ave

Status Active
Days on Site 3
Property Type Multi-Family
MLS ® 26-10526
Year Built 1962
Total Square Footage 9,372
Lot/Acreage 0.28
County Spokane
Neighborhood N/A
Area Washington Counties
School District Other

Interior Details

  • Appliances:
  • Air Cond:
  • Heating: Electric,Baseboard
  • Fireplaces:
  • Floor:
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: Level
  • Garage Capacity: N/A
  • Lot Dimensions: 12297
  • Zoning: RMF
  • Roof: Composition
  • Others:
  • Sewer: Public Sewer

Financial Details

  • Tax Amount: $16,416
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 25244.4001
  • Tax Year: 2025

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1405 W 8th Ave Spokane, WA 99204

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Listing Courtesy of Ryan Towner 509-481-0373 - LT Real Estate 509-481-0373

Originating MLS: Coeur d'Alene Multiple Listing Service

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1405 W 8th Ave

Spokane, WA 99204

$1,600,000

0 Bed | 0 Bath | 9,372 SqFt

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1405 W 8th Ave

Spokane, WA 99204

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1405 W 8th Ave

Spokane, WA 99204

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