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864-876 S Sherman St S Sherman St

Spokane, WA 99202
  • $325,000
  • STATUS: Active
  • ON SITE: 43 Days
  • ID#: 202527958
$325,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,050
    SQFT
  • $310
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1930
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

ATTENTION INVESTORS: DUPLEX NEAR HOSPITALS AND PERRY DISTRICT. Start with or add this cash flowing rental property to your portfolio. Both units are 1BR/1BA with 525 sqft (1,050 sqft total). Both in good condition. Almost 100% occupied since Dec 2021. Solid tenants. Rents are currently $900 & $1,020 per month. Tenants pay Water/Sewer/Garbage. 2025 Gross Operating Income was $24,370.78; Total Operating Expenses were $4,281.91; Net Operating Income was $20,088.87, which at the current list price puts the Cap Rate at 6.181%.

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© 2026 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 2026-02-12T00:20:35.65.
www.amazinginlandnwhomes.com/homes/171624815
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864-876 S Sherman St S Sherman St Spokane, WA 99202

  • Price: $325,000
  • Status: Active
  • On Site: 43 Days
  • ID#: 202527958
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1,050
SQFT
$310
$/SQFT
1930
Built
Neighborhood:
A220/032
County:
Spokane
Area:
A220/032
Elementary School:
Roosevelt
Middle School:
Sacajawea
High School:
Lewis & Clark
School District:
Spokane Dist 81
Property Description
ATTENTION INVESTORS: DUPLEX NEAR HOSPITALS AND PERRY DISTRICT. Start with or add this cash flowing rental property to your portfolio. Both units are 1BR/1BA with 525 sqft (1,050 sqft total). Both in good condition. Almost 100% occupied since Dec 2021. Solid tenants. Rents are currently $900 & $1,020 per month. Tenants pay Water/Sewer/Garbage. 2025 Gross Operating Income was $24,370.78; Total Operating Expenses were $4,281.91; Net Operating Income was $20,088.87, which at the current list price puts the Cap Rate at 6.181%.
Exterior Features

Architectural Style Ranch Construction Materials Masonite Lot Features TreedLevelCorner LotCity Bus (w/in 6 blks)Oversized LotFencing Parking Features Off Site Road Frontage Type City StreetPaved Road Roof Composition

Interior Features

Additional Dining Features Informal Additional Primary Bedroom Features 1st Flr Appliances Free-Standing RangeRefrigeratorMicrowave Basement None Basement YN No Heating Natural GasForced Air Interior Features Windows Vinyl

Property Features

Additional Parcels YN No Association Amenities None Building Area Total 1050 Electric Breakers Listing Terms FHAVA LoanConventionalCash Lot Size Length 142 Lot Size Width 50 Other Structures Stge Shd Property Sub Type Rental Structure Type One Story Tax Annual Amount 2843

Listing provided courtesy of Keller Williams Spokane - Main: .


© 2026 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 2026-02-12T00:20:35.65.
 
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Coldwell Banker Schneidmiller Realty
1924 Northwest Blvd
Coeur d'Alene ID, 83814