BEDS0
BATHS
SQUARE FEET20,634
MLS#202611432
STATUSPending
PROPERTY TYPEMulti Unit - Multiple
SCHOOLSpokane Dist 81
Property Description
We are pleased to present the Howard Building for sale at 224 S Howard St in Downtown Spokane. This property offers 40 apartment units, 2 retail suites (one occupied by The Blessed Express Barbershop, one vacant) Significant Capital Improvements ? Extensive upgrades include fresh paint, new flooring, updated bathrooms, modern light fixtures, and partial furnishings. Diverse Income Stream ? 40 apartments and 2 ground-floor retail suites provide balanced residential and commercial revenue. Resident Amenities ? Tenants enjoy shared laundry, communal space, and enhanced security in a walkable downtown location near dining, shopping, entertainment, third-party parking, and transit. Value-Add Potential ? Lease the vacant retail suite, activate the basement, and optimize operations for increased NOI. Attractive Assumable Loan ? Seller financing via an assumable note at 4.65% interest-only, maturing January 2028, with 24-month extension option.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished
Roof Type: See Remarks
Year Built: 1908
Feature Descriptions
Association Amenities: Laundry, Recreational Area
Days on Site: 124
Exterior: Brick
Heating/Cooling: Electric, Baseboard
Parcel#: 35191.3105
Parking: None
SQ. FT. Total: 20634
Water Features: See Remarks
Local Schools
School District: Spokane Dist 81
Listed By / Shown By
Listed By
Agency Name: SVN Cornerstone
Shown By
Agency Title: Coldwell Banker Tomlinson
Agency Phone: (509) 467-7400
Estimate Your Payment
Estimated Payment
$ 4,531.02 per month $4,006.02 Principal & Interest $0.00 Property Tax (data not provided by mls) $525.00 Homeowner's Insurance
224 S Howard St | MLS# 202611432
This multi-family property located at 224 S Howard St, Spokane, WA 99201 is currently listed for sale with an asking price of $1,800,000. S Howard St is located within the Spokane Dist 81 school district. Search Spokane real estate on www.cbspokane.com today.