BEDS3
BATHS2
SQUARE FEET13,048
MLS#202624659
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLSpokane Dist 81
Property Description
20-unit multifamily investment opportunity - (18) 2 Bed/1 Bath Units and (2) 1 Bed/1 Bath Units, located near Downtown Spokane and the Medical District. Built in 1978, this 13,048 SF property sits on approximately 0.46 acres and offers a strong combination of location, resident amenities, and income potential. The property features granite countertops, stainless-steel appliances, LVP flooring, covered parking, and on-site laundry facilities. Conveniently located near multiple parks and retail centers, with easy access to Downtown Spokane and the Medical District, this property offers an attractive investment opportunity. The property consists of 20 units with Effective Gross Income of $24,893.10 per month, an NOI of $198,639.09, and a 7.36% cap rate.
Property Features
Property Type: Multi Unit - Multiple
Basement: None
Roof Type: Flat
Stories: 3.0
Year Built: 1978
Feature Descriptions
Association Amenities: Laundry
Exterior: Fiber Cement
Heating/Cooling: Electric
Parcel#: 35202.3924
Parking: Carport, Off Site
SQ. FT. Total: 13048
Local Schools
High School: Lewis & Clark
School District: Spokane Dist 81
Listed By / Shown By
Listed By
Agency Name: LT Real Estate
Shown By
Agent Name: Luke & Nichole Mischke
Agent Phone: (509) 499-0218
Agency Title: Coldwell Banker Tomlinson
Estimate Your Payment
Estimated Payment
$ 6,796.53 per month $6,009.03 Principal & Interest $0.00 Property Tax (data not provided by mls) $787.50 Homeowner's Insurance
29 E 6th Ave | MLS# 202624659
This multi-family property located at 29 E 6th Ave, Spokane, WA 99202 is currently listed for sale with an asking price of $2,700,000. E 6th Ave is located within the Spokane Dist 81 school district. Search Spokane real estate on mischke-real-estate-team.cbspokane.com today.