1. Washington
2. Spokane
3. 2516 N Nevada St

2516 N Nevada St, Spokane, WA 99207

• 5,850 sqft

Property Description

INVESTORS should be interested in this 9-UNIT INCOME PROPERTY. Location is everything and this property is one mile or less from Gonzaga University, grocery stores, restaurants, pubs, parks, Centennial Trail, and more. This property consists of three side-by-side buildings, each with 3 units; and each with two 2 bedrooms and 1 bathroom and one 1 bedroom and 1 bathroom configurations. Each unit has its own unique floor plan. Most units have been refreshed with the changeover of tenants. There are three 3-car carports with newer roofs. And in March 2025 all three buildings’ exteriors were refurbished and painted including adding a no-slip surface applied on the painted stairs. All 9 units are occupied. Monthly Gross Rents are $10,215. Owner pays Electricity & Gas ($199/mo); Water, Sewer & Garbage ($707/mo). New property management as of 1/1/25 have had a very positive impact on this property’s operations and profitability. These three buildings may also be sold individually for $333,000 each.

Listing Status:

Pending

Listing Office:

Keller Williams Spokane - Main : (509) 703-8187

Listing Agent:

Rich King : (509) 703-8187

MLS ID:

202514751

Interior

Exterior

Construction

Location

Lot

Financial

This listing courtesy of Rich King, Keller Williams Spokane - Main