Description
Value-add nine-unit apartment building in the West Central neighborhood of Spokane. The property includes six 1 bedroom 1 bathroom units, three studio units, and two storage sheds. Attractive pricing below comparable sales offers immediate equity potential. Select units updated with new flooring and fresh paint. Strong upside remains through further renovations including new cabinets, countertops, appliances, in-unit laundry, windows and doors. Brand new heat boiler ensures efficient heating and tenant comfort. Features timeless architectural charm, enhancing tenant appeal and marketability. R2 zoning allows for redevelopment of site with no maximum number of units provided all other development requirements are met.
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0BEDS
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0.16ACRES
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0BATHS
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01/2 BATHS
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5,183SQFT
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$115$/SQFT
Description
Value-add nine-unit apartment building in the West Central neighborhood of Spokane. The property includes six 1 bedroom 1 bathroom units, three studio units, and two storage sheds. Attractive pricing below comparable sales offers immediate equity potential. Select units updated with new flooring and fresh paint. Strong upside remains through further renovations including new cabinets, countertops, appliances, in-unit laundry, windows and doors. Brand new heat boiler ensures efficient heating and tenant comfort. Features timeless architectural charm, enhancing tenant appeal and marketability. R2 zoning allows for redevelopment of site with no maximum number of units provided all other development requirements are met.
© 2025 of Spokane Association of REALTORS® MLS. All rights reserved. Listing information courtesy of Spokane Association of REALTORS® MLS. IDX data is provided exclusively for consumers' personal, non-commercial use, and 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 SARMLS. Data last updated 2025-06-19T18:20:40.923.