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Mike Champoux

champouxmike@gmail.com +1(208) 819-1944

$ 2,000,000

Est. payment | -/mo

20,732 SqFt

Save

$ 2,000,000

Est. payment | -/mo

Save

20,732 SqFt

Key Details

Property Type Other Types

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 20,732 sqft

Price per Sqft $96

MLS Listing ID 26-10535

Style Multi Level

HOA Y/N No

Year Built 1913

Annual Tax Amount $19,427

Tax Year 2024

Lot Size 7,840 Sqft

Acres 0.18

Lot Dimensions 8,025 SqFt

Property Sub-Type Multi Family

Source Coeur d'Alene Multiple Listing Service

New Construction No

Property Description

This 15-unit multifamily property is located on Spokane's desirable South Hill and features a mix of 12 one-bedroom units and 3 two-bedroom units. The 20,732 SF building was built in 1913 and offers 9 off-street parking stalls and on-site laundry. The property is offered at $2,000,000, or $133,333.33 per unit, with gross monthly income of $20,420.42, a reported NOI of $131,155.72, and a 6.56% cap rate.

Location

Province WA

County Spokane

Area Washington Counties

Zoning OR

Direction GPS is accurate

Rooms

Basement Part Finished

Interior

Heating Natural Gas, Hot Water

Exterior

Garage Description None

View City

Roof Type Tar/Gravel

Building

Lot Description Level

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Other

Others

Tax ID 35194.2407

Listed by LT Real Estate

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(208) 819-1944

champouxmike@gmail.com

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702 S Bernard St Spokane, WA 99204