This South Hill multifamily portfolio offers a unique opportunity to acquire 19 units across three buildings on two parcels in one of Spokanes most desired neighborhoods. The portfolio features a diverse unit mix of seven 1-bedroom units, ten 2-bedroom units, and two 3-bedroom units. The properties generate strong cash flow with additional income from 13 garages, while tenant amenities include on-site laundry. Many units have been updated, and residents enjoy a highly desirable location within walking distance of neighborhood amenities, parks, restaurants, and shopping, with convenient access to downtown Spokane and I-90. Combining scale, unit diversity, supplemental garage income, and a prime South Hill location, this portfolio presents an exceptional opportunity for investors seeking a well-positioned multifamily asset with both stable returns and future upside potential.
Listed By
Agency Name: LT Real Estate
Shown By
Agency Title: Coldwell Banker Tomlinson
Agency Phone: (509) 467-7400
Estimated Payment
$ 5,034.47 per month $4,451.13 Principal & Interest $0.00 Property Tax (data not provided by mls) $583.33 Homeowner's Insurance
1204 W 8th Ave | MLS# 202618313
This multi-family property located at 1204 W 8th Ave, Spokane, WA 99204 is currently listed for sale with an asking price of $2,000,000. W 8th Ave is located within the Spokane Dist 81 school district. Search Spokane real estate on www.cbspokane.com today.