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Listed by Dallas Lightner • LT Real Estate
$ 895,000
Est. payment /mo
Pending
1627 W 7th Ave Spokane, WA 99204
5,120 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Residential Income
Listing Status Pending
Purchase Type For Sale
Square Footage 5,120 sqft
Price per Sqft $174
MLS Listing ID 202515424
Year Built 1956
Lot Size 6,969 Sqft
Lot Dimensions 0.16
Property Sub-Type Residential Income
Property Description
This well-maintained multi-unit property offers a total of 8 rental units, featuring 4 spacious 1-bedroom units, 2 comfortable 2-bedroom units, and 2 efficient studio apartments. With a monthly rental income of $8,041, this is a turnkey opportunity for investors seeking steady cash flow. Tenants enjoy the convenience of on-site laundry facilities, carport parking, and a durable brick exterior that adds both charm and low-maintenance appeal. Ideally located in the highly desirable South Hill neighborhood, just minutes from I-90, and within walking distance to restaurants, shopping, and parks. Whether you're expanding your portfolio or looking for your first investment, this property combines location, income, and potential in one unbeatable package.
Location
State WA
County Spokane
Rooms
Basement None
Interior
Heating Electric, Baseboard
Exterior
Parking Features Carport
Carport Spaces 3
Amenities Available Laundry
View Y/N true
Roof Type Composition
Building
Story 2
Structure Type Brick
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