Multi Family Home · Spokane, WA

803 W Knox Ave, Spokane, WA 99205

$755,000 Active MLS® 202617284 Multi Family Home
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ActiveMLS® 202617284
$755,000
803 W Knox Ave, Spokane, WA 99205
Bds Ba Sq.Ft. 0.14 Ac
Description

Investor or owner-occupant opportunity featuring a centrally located fourplex with strong rental history and modern finishes throughout. Offering excellent income potential and long-term appeal. Each unit features approximately 1,100 SF with open-concept layouts, 9-foot ceilings, 2 bedrooms, and 1.5 bathrooms. Interior finishes include LVP flooring, updated cabinetry, stainless steel appliances, modern fixtures, in-unit laundry, and updated windows. Off-street parking adds additional convenience for tenants and owners alike. With attractive floor plans, newer construction, and consistent rental performance, this property presents an excellent opportunity for investors or owner-occupants. Gross Monthly Income: $5,650. NOI: $52,654.70. Cap Rate: 7%. Potential to package 1511-1517 W Euclid Ave and 8705 N Colton St for expanded investment opportunity.

Interior Features
  • Additional features
  • Utilities
  • Air conditioning Central Air
  • Basement description None
  • Pool description
  • Outbuildings
  • Fence
  • Lot dimension 0.14
  • Lot description
Exterior Features
  • Body of water
  • View
  • Pool
  • Pool description
  • Outbuildings
  • Fence
  • Lot dimension 0.14
  • Lot description
  • Foundation
  • Exterior
  • Roofing materials Composition
Location