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Listed by Dallas Lightner • LT Real Estate
$ 1,200,000
Est. payment /mo
Pending
1818 W 8th Ave Spokane, WA 99204
10,548 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Residential Income
Listing Status Pending
Purchase Type For Sale
Square Footage 10,548 sqft
Price per Sqft $113
MLS Listing ID 202515372
Year Built 1910
Lot Size 10,454 Sqft
Lot Dimensions 0.24
Property Sub-Type Residential Income
Property Description
Welcome to a prime investment opportunity in a highly desirable location, featuring a well-maintained multi-unit property with architectural charm and consistent cash flow. This income-generating asset includes eight one-bedroom units and two spacious three-bedroom units, and seven garages, bringing in $12,049 per month in rental income. Tenants enjoy the convenience of on-site laundry facilities, while seven individual garages provide additional revenue potential and added value. Several units have been recently updated, blending modern finishes with the building's timeless character, making them especially appealing to renters seeking both comfort and charm. Located within walking distance to popular restaurants, shopping destinations, and local parks, this property offers the ideal mix of lifestyle and location. Whether you're a seasoned investor or looking to expand your portfolio with a dependable, high-performing asset, this property stands out as a rare opportunity in a sought-after area.
Location
State WA
County Spokane
Rooms
Basement Partial, Finished
Interior
Heating Natural Gas, Electric, Forced Air, Baseboard
Exterior
Parking Features Detached, Off Site
Garage Spaces 4.0
Amenities Available Laundry
View Y/N true
Roof Type Composition
Building
Story 3
Structure Type Brick,Wood Siding
Schools
Elementary Schools Roosevelt
Middle Schools Sacajawea
High Schools Lewis & Clark
School District Spokane Dist 81
Others
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash