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Sarah Hoverson

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

Listed by Jessica Morales • Epique Realty

$ 830,500

Est. payment | -/mo

14 Acres Lot

Save

$ 830,500

Est. payment | -/mo

Save

14 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Residential Income

Listing Status Active

Purchase Type For Sale

MLS Listing ID 202611513

Style Colonial

Year Built 1905

Lot Size 14.000 Acres

Lot Dimensions 14

Property Sub-Type Residential Income

Property Description

Turnkey Investment Opportunity! An incredable cap rate of 8% Completely renovated and ready to generate income, this attractive Spokane property has been extensively updated to minimize future maintenance and capital expenses. Major improvements include a new roof, updated electrical systems and service panels, updated plumbing, new water heater, new flooring throughout, fully remodeled kitchens and bathrooms, and fresh interior and exterior paint. Low-maintenance landscaping enhances curb appeal while reducing ongoing upkeep costs. The modern finishes and thoughtful upgrades make this property highly desirable for tenants and attractive to investors seeking stable cash flow. With significant capital improvements already completed, this is a rare opportunity to acquire a move-in-ready, income-producing asset with minimal deferred maintenance and strong long-term investment potential. Ideal for portfolio expansion or a 1031 exchange.

Location

State WA

County Spokane

Rooms

Basement Laundry

Interior

Interior Features High Speed Internet

Heating Ductless

Appliance Gas Range, Refrigerator

Exterior

Parking Features Off Site, Alley Access

Utilities Available Cable Available

Amenities Available Laundry

View Y/N true

Roof Type Composition

Building

Lot Description Treed, Level

Story 3

Architectural Style Colonial

Structure Type Stone,Wood Siding

Schools

School District Spokane Dist 81

Others

Acceptable Financing Conventional, Cash, Exchange, Commercial

Listing Terms Conventional, Cash, Exchange, Commercial

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(406) 690-8080

sarah.hoverson@exprealty.com

1119 W Augusta Ave Spokane, WA 99205