1303 W 13th Ave, Spokane, WA 99204

$1,550,000
7,424
SqFt

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List Price
$1,550,000
MLS#
202626401
Status
ACTIVE
City
Spokane
Subdivision
Booge's Addition
Acres
0.37
Living Area
7,424

Property Description

8-unit multifamily property on Spokane's South Hill (Cliff-Cannon) is 100% occupied, featuring eight 2 bed/1 bath units of approximately 1,000 SF each. The 2-story building was built in 1968 and sits on a .37 acre (16,250 SF) lot. Recent updates include a new roof and water heaters in 2025 and updated windows. Units offer electric heat, in-unit washer/dryers, and wood fireplaces in 4 units, with covered off-street parking plus an adjacent lot. Just minutes from Manito Park, Riverfront Park, restaurants, hospitals and transportation. Gross scheduled rent is $129,600 per year ($10,800/month), with an NOI of $91,446 and a 5.90% cap rate.

Additional Information

Year Built
1968
School District
Spokane Dist 81
Frontage
Paved Road, City Street
Area/Grid
SW Urban S I-90
MLS Area/Grid#
A220/040
Acres MOL
0.37
Lot Size
16,250
Basement
None
Heating/Cooling
Electric

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Listing courtesy of SARMLS / LT Real Estate

Listings last updated . All information provided is deemed reliable but is not guaranteed and should be independently verified.