$4,250,000

507 S Howard St, Spokane, WA 99204

  • 42,500 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1912
  • Property Lot Size Icon0.32acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $100/sqft
  • Property List Date Icon Listed 8 months ago

Property Description

Prime mixed-use property in Spokane’s sought-after South Hill neighborhood. The building features 1,015 sqft retail space with a coffee tenant in place with five years left on the lease and twenty-nine apartments above. Located in an Opportunity Zone, the property offers valuable tax benefits and strong income potential. The unit mix includes eighteen one-bedroom and eleven two-bedroom apartments, all with spacious layouts and quality finishes. Rent upside of 10%-20% provides additional growth potential. A solid investment opportunity in a high-demand location close to downtown, shopping, and dining.

Listing Status:
Active
Data Last Updated:
August 6, 2026 at 4:18AM
Listing Office:
LT Real Estate : 360-518-9381
Listing Agent:
Derek Raivio : 360-518-9381
MLS ID:
202526824
  • Basement: UnfinishedLaundry
  • Heating: ElectricBaseboard
  • Parking: Off SiteAlley Access
  • Roofing: Flat
  • General: Four Level
  • Road/Access: City StreetPaved Road
  • HOA Amenities: Laundry
  • Originating MLS: sarmls
  • School District: Spokane Dist 81
  • County: Spokane
  • Zoning: 35191.4301
  • Source: sarmls

This listing courtesy of Derek Raivio , LT Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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