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Listed by Dallas Lightner • LT Real Estate
$ 2,500,000
Est. payment | /mo
10,674 SqFt
$ 2,500,000
Est. payment | /mo
10,674 SqFt
Key Details
Property Type Multi-Family
Sub Type Rental
Listing Status Active
Purchase Type For Sale
Square Footage 10,674 sqft
Price per Sqft $234
MLS Listing ID 202526359
Year Built 2019
Lot Size 6,969 Sqft
Lot Dimensions 0.16
Property Sub-Type Rental
Property Description
Six-unit multi-family property located within walking distance of Gonzaga University. Each unit features 4 bedrooms and 4.5 bathrooms, offering spacious layouts ideal for student or group housing. The property includes central heating, off-street parking, and a Multi-Family Urban Housing Tax Exemption in effect through 2027. Currently generating approximately $15,600 per month in rental income, this well-maintained asset provides strong cash flow and consistent tenant demand in a prime university-area location.
Location
State WA
County Spokane
Rooms
Basement None
Interior
Heating Forced Air
Exterior
Parking Features Off Site
Amenities Available None
View Y/N true
Roof Type Composition
Building
Structure Type Vinyl Siding
Schools
Elementary Schools Logan
Middle Schools Yasuhara
High Schools North Central
School District Spokane Dist 81
Others
Acceptable Financing Conventional, Cash, Commercial
Listing Terms Conventional, Cash, Commercial
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RSVP Real Estate Group
Real Estate Firm | License ID: 17634
Real Estate Firm License ID: 17634