Multi Family Home · Spokane, WA

507 S Howard St, Spokane, WA 99204

$4,250,000 Active MLS® 202526824 Multi Family Home
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ActiveMLS® 202526824
$4,250,000
507 S Howard St, Spokane, WA 99204
Bds Ba 42,500 Sq.Ft. 0.32 Ac
Description

Prime mixed-use property in Spokane’s 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.

Interior Features
  • Additional features
  • Utilities
  • Air conditioning
  • Basement description Unfinished, Laundry
  • Pool description
  • Outbuildings
  • Fence
  • Lot dimension 0.32
  • Lot description
Exterior Features
  • Body of water
  • View
  • Pool
  • Pool description
  • Outbuildings
  • Fence
  • Lot dimension 0.32
  • Lot description
  • Foundation
  • Exterior
  • Roofing materials Flat
Location