$1,465,214/mo

1818 W 8th Ave, Spokane, WA 99204

  • 10,548 sqft
  • Property Icon Rental
  • Property Year Built Icon Built in 1910
  • Property Lot Size Icon10,454sqft lot
  • Property Parking Icon 4 car garage
  • Property Price Per Square Feet Icon $139/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Welcome to a prime investment opportunity in a highly desirable location, featuring a well-maintained multi-unit property with architectural charm and consistent cash flow. This income-generating asset includes eight one-bedroom units and two spacious three-bedroom units, and seven garages, bringing in $12,419 per month in rental income. Tenants enjoy the convenience of on-site laundry facilities, while seven individual garages provide additional revenue potential and added value. Several units have been recently updated, blending modern finishes with the building’s timeless character, making them especially appealing to renters seeking both comfort and charm. Located within walking distance to popular restaurants, shopping destinations, and local parks, this property offers the ideal mix of lifestyle and location. Whether you're a seasoned investor or looking to expand your portfolio with a dependable, high-performing asset, this property stands out as a rare opportunity in a sought-after area.

Listing Status:
Active
Listing Office:
LT Real Estate : (509) 315-8720
Listing Agent:
Dallas Lightner : (509) 315-8720
MLS ID:
202515372
  • Basement: PartialFinished
  • Heating: Natural GasElectricForced AirBaseboard

This listing courtesy of Dallas Lightner, LT Real Estate

Location

Schools Nearby

R

Roosevelt Elementary School

333 W 14th Ave, Spokane, WA, 99204

Grades PK-5

1.24 miles away

S

Shrine Hospital

911 W 5th Ave, Spokane, WA, 99204

Grades PK-12

0.66 miles away

L

Lewis & Clark High School

521 W 4th Ave, Spokane, WA, 99204

Grades 9-12

0.92 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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