Property Description

Rare opportunity to acquire two adjacent fourplexes under common ownership, offered together as an eight-unit investment portfolio. Each unit features 2 bedrooms, 1 bathroom, and approximately 784 square feet of living space. With a mix of occupied and vacant units, the portfolio offers immediate upside through lease-up, rent stabilization, and operational efficiencies. Current rents provide income in place while allowing room to bring units in line with market rates as leases turn over. Shared laundry facilities serve the properties, and recent maintenance and turnover improvements position the next owner to capitalize on increased occupancy and cash flow. Conveniently located near downtown Spokane, major employers, public transportation, shopping, dining, and everyday amenities. Ideal for investors seeking scale, value-add potential, portfolio expansion, or a 1031 exchange opportunity. Properties are being sold together and will not be sold separately.

Property Features

Local Schools