Multi Family Home · Spokane, WA 99204

1204 W 8th Ave, Spokane, WA 99204

Spokane, WA 99204

$2,000,000

PendingMLS® 202618313

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PendingMLS® 202618313
$2,000,000
1204 W 8th Ave, Spokane, WA 99204
Bds Ba Sq.Ft. 0.33 Ac
Description

This South Hill multifamily portfolio offers a unique opportunity to acquire 19 units across three buildings on two parcels in one of Spokane’s most desired neighborhoods. The portfolio features a diverse unit mix of seven 1-bedroom units, ten 2-bedroom units, and two 3-bedroom units. The properties generate strong cash flow with additional income from 13 garages, while tenant amenities include on-site laundry. Many units have been updated, and residents enjoy a highly desirable location within walking distance of neighborhood amenities, parks, restaurants, and shopping, with convenient access to downtown Spokane and I-90. Combining scale, unit diversity, supplemental garage income, and a prime South Hill location, this portfolio presents an exceptional opportunity for investors seeking a well-positioned multifamily asset with both stable returns and future upside potential.

Interior
  • Basement Full, Finished, Laundry
  • Heating Electric, Baseboard
Exterior and Construction
  • Roofing Composition, Metal
  • Construction See Remarks
Land and Lot
  • Lot size 0.33 acres (14,375 sq ft)
HOA and Community
  • Amenities Laundry
Location and Zoning
  • Road/Access City Street, Paved Road
  • County Spokane
  • Neighborhood Cliff/Cannon
  • Zoning 35193.0207
Schools
  • High School Lewis & Clark
  • School District Spokane Dist 81
  • Elementary School Roosevelt
  • Junior High School Sacajawea
Tax and Legal
  • Parcel number 35193.0207
Parking and Garage
  • Garage Attached, Detached
  • Garage spaces 4

Listing Information

Listing Agent
Ryan Towner
Co-Listing Agent
Dallas Lightner
Listing Office
LT Real Estate
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