BEDS2
BATHS1
SQUARE FEET42,500
MLS#202526824
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLSpokane Dist 81
Property Description
Prime mixed-use property in Spokanes sought-after South Hill neighborhood. The building features 1,015 sqft retail space with a coffee tenant in place with five years left on the lease and twenty-nine apartments above. Located in an Opportunity Zone, the property offers valuable tax benefits and strong income potential. The unit mix includes eighteen one-bedroom and eleven two-bedroom apartments, all with spacious layouts and quality finishes. Rent upside of 10%-20% provides additional growth potential. A solid investment opportunity in a high-demand location close to downtown, shopping, and dining.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished, Laundry
Roof Type: Flat
Stories: 4.0
Year Built: 1912
Feature Descriptions
Association Amenities: Laundry
Days on Site: 200
Exterior: Brick
Heating/Cooling: Electric, Baseboard
Parcel#: 35191.4301
Parking: Off Site, Alley Access
SQ. FT. Total: 42500
Local Schools
High School: Lewis & Clark
Middle School: Sacajawea
Elementary School: Roosevelt
School District: Spokane Dist 81
Listed By / Shown By
Listed By
Agency Name: LT Real Estate
Shown By
Agency Title: Coldwell Banker Tomlinson
Agency Phone: (509) 467-7400
Estimate Your Payment
Estimated Payment
$ 10,698.24 per month $9,458.66 Principal & Interest $0.00 Property Tax (data not provided by mls) $1,239.58 Homeowner's Insurance
507 S Howard St | MLS# 202526824
This multi-family property located at 507 S Howard St, Spokane, WA 99204 is currently listed for sale with an asking price of $4,250,000. S Howard St is located within the Spokane Dist 81 school district. Search Spokane real estate on www.cbspokane.com today.