Homes for sale - 1103 W 9th Ave #912 S Madison Ave, Spokane, WA 992...

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Sarah Hoverson

sarah.hoverson@exprealty.com +1(406) 690-8080

Listed by Dallas Lightner • LT Real Estate

$ 1,250,000

Est. payment | -/mo

10,568 SqFt

Save

$ 1,250,000

Est. payment | -/mo

Save

10,568 SqFt

Key Details

Property Type Multi-Family

Sub Type Rental

Listing Status Pending

Purchase Type For Sale

Square Footage 10,568 sqft

Price per Sqft $118

MLS Listing ID 202515370

Style Victorian

Year Built 1904

Lot Size 0.300 Acres

Lot Dimensions 0.3

Property Sub-Type Rental

Property Description

Two buildings on one lot present a rare and valuable investment opportunity with strong rental income and excellent tenant appeal. The first building is a well-maintained fourplex, offering four spacious 2-bedroom units. The second building includes a total of seven units, made up of one studio, four 1-bedroom units, and two 2-bedroom units. Together, the properties generate a solid monthly rental income of $$11,816. Both buildings offer convenience and comfort, featuring on-site laundry facilities and covered carport parking for tenants. With a great unit mix and consistent income, this property is ideal for investors seeking a reliable, cash-flowing asset in a desirable rental market. Whether you're expanding your portfolio or looking for a stable return, this property checks all the boxes.

Location

State WA

County Spokane

Rooms

Basement Laundry

Interior

Heating Natural Gas, Electric, Forced Air, Baseboard

Exterior

Parking Features Carport, Off Site

Carport Spaces 3

Amenities Available Laundry

View Y/N true

Roof Type Composition

Building

Story 4

Architectural Style Victorian

Structure Type Asbestos,Vinyl Siding,Wood Siding

Schools

Elementary Schools Roosevelt

Middle Schools Sacajawea

High Schools Lewis & Clark

School District Spokane Dist 81

Others

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash

Nearby Locations

SCHOOLSPROPERTIES

Elementary Schools 20

9

Wilson Elementary

Public | PK - 6
8

Jefferson Elementary

Public | PK - 6
8

Hutton Elementary

Public | PK - 6
6

Roosevelt Elementary

Public | PK - 6
5

Garfield Elementary

Public | PK - 6
5

Longfellow Elementary

Public | PK - 6
4

Holmes Elementary

Public | PK - 6
4

Audubon Elementary

Public | PK - 6
4

Logan Elementary

Public | PK - 6
4

Grant Elementary

Public | PK - 6
3

Stevens Elementary

Public | PK - 6
0

Palisades Christian Academy

Private | PK - 10
0

Bryant Center

Public | PK - 12
0

First Presbyterian Christian School

Private | PK - 4
0

Alternative Bancroft School

Public | 3 - 12
0

Shrine Hospital

Public | PK - 12
0

Cataldo Catholic School

Private | PK - 8
0

Enlightium Academy

Private | PK - 12
0

Sacred Heart Hospital

Public | 3 - 12
0

Southside Christian School

Private | PK - 8

Middle Schools 4

8

Sacajawea Middle School

Public | 7 - 8
0

Alternative Tamarack School

Public | 7 - 12
0

Structural Alternative Confinement School

Public | 8 - 12
0

Daybreak Alternative School

Public | 8 - 12

High Schools 6

7

North Central High School

Public | 9 - 12
5

Lewis and Clark High School

Public | 9 - 12
0

Institute for Extended Learning

Public | 9 - 12
0

The Community School

Public | 9 - 12
0

A-3 Multiagency Adolescent Program

Public | 9 - 12
0

Gonzaga Preparatory School

Private | 9 - 12

School and business data provided by Attom Data.

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

+1(406) 690-8080

sarah.hoverson@exprealty.com

1103 W 9th Ave #912 S Madison Ave Spokane, WA 99204