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0 Baths
9,372 sqft

$1,600,000

1405 W 8th Ave, Spokane WA, 99204

Price per sqft$170.72
Built in1962
Property size9,372 sqft
Property typeMulti-family

Overview

Active

Listed Oct 27, 2026

Updated 10h ago

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.

$10,645/mo

Est. mortgage payment based on a $1,600,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
26-10526

Interior Features

Bathrooms
0
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.28 Acres

Other Property Details

Taxes
$16,416
Tax Frequency
Annually
View
Yes
Municipality
25N

Also listed on SAR

Courtesy of LT Real Estate, Ryan Towner,
Listing Contact: 509-481-0373 

The data relating to real estate for sale on this web site comes in part from the ID - Coeur d'Alene MLS (CDAR). Real estate listings held by brokerage firms other than A-Team Real Estate are marked with the IDX logo.

IDX information is provided exclusively for consumer's personal, non-commerical use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

Information provided by ID - Coeur d'Alene MLS (CDAR).

 

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