1204 W 8th Ave Active Save Request In-Person Tour Request Virtual Tour
Spokane,WA 99204
Key Details
Property Type Multi-Family
Sub Type Rental
Listing Status Active
Purchase Type For Sale
Square Footage 12,157 sqft
Price per Sqft $143
MLS Listing ID 202523513
Year Built 1907
Lot Size 0.320 Acres
Property Sub-Type Rental
Property Description
This property presents a rare opportunity to acquire two buildings on one lot in the desirable South Hill neighborhood of Spokane. The property includes a well-maintained triplex featuring two spacious three-bedroom units and one two-bedroom unit, along with a separate nine-unit building comprised of seven two-bedroom units and two one-bedroom units. Together, the buildings generate a strong rental income of $15,018 per month, with additional upside from eight garages that provide extra rental revenue. Tenants benefit from on-site laundry facilities, with some apartments upgraded to feature their own in-unit laundry for added convenience. Located at 1204 W 8th Ave and 720 S Jefferson St, this property combines consistent income, prime location, and a diverse mix of units, making it a compelling investment opportunity in Spokane's multifamily market.
Location
State WA
County Spokane
Interior
Heating Electric,Baseboard
Exterior
Parking Features Attached,Detached
Garage Spaces 4.0
Amenities Available Laundry
View Y/N true
Roof Type Composition,Metal
Building
Story 3
Structure Type Brick,Wood Siding
Schools
Elementary Schools Roosevelt
Middle Schools Sacajawea
High Schools Lewis & Clark
School District Spokane Dist 81
Others
Acceptable Financing Conventional,Cash,Commercial
Listing Terms Conventional,Cash,Commercial