$549,999/mo

2203 E Mission Ave, Spokane, WA 99202

  • 2,496 sqft
  • Property Icon Rental
  • Property Year Built Icon Built in 1953
  • Property Lot Size Icon8,712sqft lot
  • Property Parking Icon 3 car garage
  • Property Price Per Square Feet Icon $220/sqft
  • Property List Date Icon Listed 1 day ago

Property Description

Excellent opportunity to own a well-maintained, fully occupied 4-unit property generating $4,595 per month in gross income, including rent and utility fees. Each unit offers 1 bedroom and 1 bathroom, with two spacious floorplans providing tenants private access to both the front entrance and the rear parking lot. The building features a 576 sq ft basement equipped with common laundry facilities and additional storage space available for tenant use — a rare and highly appreciated amenity. Each unit has received various updates over the years, leading to quick vacancy turnarounds and minimal ongoing maintenance. Three detached garage spaces add even more value for tenants and increase rental appeal. Exterior improvements include new windows, durable brick siding, and a newer composite roof, helping maintain the property's excellent condition and curb appeal. This is a turn-key, income-generating investment perfect for buyers seeking reliable cash flow and low management demands!

Listing Status:
Active
Listing Office:
The Hornberger Group, LLC : 509-994-5007
Listing Agent:
Jeff Hornberger : 509-994-5007
MLS ID:
202516709
  • General: Windows Vinyl
  • Appliances: Free-Standing RangeRefrigerator
  • Basement: PartialFinished
  • Heating: Ductless

This listing courtesy of Jeff Hornberger, The Hornberger Group, LLC

Location

Schools Nearby

S

Stevens Elementary School

1717 E Sinto Ave, Spokane, WA, 99202

Grades PK-5

0.34 miles away

S

Shaw Middle School

4106 N Cook St, Spokane, WA, 99207

Grades 6-8

1.63 miles away

S

Sccp Images

1810 N Greene St, Spokane, WA, 99217

Grades 12-12

0.91 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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