1405 8th
Spokane, WA 99204
$1,600,000
Offered at
Bedrooms
0
Bathrooms
9,372
Square Feet
1
Story
Your Land
0.28
acres
That's roughly 68 parking spaces
Classic
1962
Crafted in an era of enduring quality
Timeless design, built to last
Imagine Living Here
Host & Gather
Make memories with the people you love
- Spacious entertaining areas
The Story
"13-unit multifamily investment opportunity featuring 8 one-bedroom/one-bath units and 5 two-bedroom/one-bath units. The property generates $16,092.13 in Effective Gross Income and offers an on-site laundry facility, beautifully landscaped grounds, and a convenient location near restaurants, shopping, I-90, and Downtown Spokane. Investment highlights include a $114,247.54 NOI and a 7.14% cap rate, providing an attractive opportunity for investors seeking established rental income in a convenient Spokane location."
Heating
Baseboard + Electric
Located In
Spokane
Spokane
Location
1405 8th, Spokane, WA
Directions: GPS is accurate
Full Details
-
Bedrooms
-
Bathrooms
9,372
Sq Ft
1962
Year Built
Estimates only. Actual rates may vary.
Property Insights
Price per Sq Ft
$171
Below regional average
Property Age
64 years
🏚️ Vintage — Character and history
Building Coverage
76.8%
Efficient use of land
Quick Facts
- Property Type
- Residential Income
- Subtype
- Multi Family
- Lot Size
- 0.28 ac
- School District
- Other
- MLS Area
- Washington Counties
- View
- City
- Basement
- No
- HOA
- No
- Taxes
- $16,416/yr (2025)
- Zoning
- RMF
- Parcel #
- 25244.4001
- Days on Market
- 4
- MLS #
- 26-10526
Scan to View Online
https://kpgidaho.com/listing/26-10526
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