Spokane, WA 99204,1204 W 8th Ave
Spokane, WA 99204,1204 W 8th Ave
Spokane, WA 99204,1204 W 8th Ave
Spokane, WA 99204,1204 W 8th Ave
Spokane, WA 99204,1204 W 8th Ave
Spokane, WA 99204,1204 W 8th Ave
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RSVP Real Estate Group

RSVP Real Estate Group

+1(425) 610-7787
Listed by Ryan Towner • LT Real Estate
$ 1,675,000
Est. payment | /mo

12,157 SqFt

Save
$ 1,675,000
Est. payment | /mo
Save

12,157 SqFt

Key Details

Property Type Multi-Family

Sub Type Rental

Listing Status Back On Market

Purchase Type For Sale

Square Footage 12,157 sqft

Price per Sqft $137

MLS Listing ID 202523513

Year Built 1907

Lot Size 0.320 Acres

Lot Dimensions 0.32

Property Sub-Type Rental

Property Description

This property presents a rare opportunity to acquire two buildings on one lot in the desirable South Hill neighborhood of Spokane. The property includes a well-maintained triplex featuring two spacious three-bedroom units and one two-bedroom unit, along with a separate nine-unit building comprised of seven two-bedroom units and two one-bedroom units. Together, the buildings generate a strong rental income of $15,092 per month, with additional upside from eight garages that provide extra rental revenue. Tenants benefit from on-site laundry facilities, with some apartments upgraded to feature their own in-unit laundry for added convenience. Located at 1204 W 8th Ave and 720 S Jefferson St, this property combines consistent income, prime location, and a diverse mix of units, making it a compelling investment opportunity in Spokane's multifamily market.

Location

State WA

County Spokane

Rooms

Basement Full, Finished, Daylight, Laundry

Interior

Heating Electric, Baseboard

Exterior

Parking Features Attached, Detached

Garage Spaces 4.0

Amenities Available Laundry

View Y/N true

Roof Type Composition,Metal

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, Commercial

Listing Terms Conventional, Cash, Commercial

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RSVP Real Estate Group

RSVP Real Estate Group

+1(425) 610-7787

Real Estate Firm | License ID: 17634

Real Estate Firm License ID: 17634

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