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Sarah Hoverson

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

Listed by Matthew Brunner • REAL Broker LLC

$ 420,000

Est. payment | -/mo

2,584 SqFt

Save

$ 420,000

Est. payment | -/mo

Save

2,584 SqFt

Key Details

Property Type Multi-Family

Sub Type Residential Income

Listing Status Active

Purchase Type For Sale

Square Footage 2,584 sqft

Price per Sqft $162

MLS Listing ID 202622478

Style Victorian

Year Built 1900

Annual Tax Amount $3,769

Lot Size 5,662 Sqft

Lot Dimensions 0.13

Property Sub-Type Residential Income

Property Description

Own a piece of Browne's Addition, a circa-1900 Victorian 4-plex just blocks from downtown Spokane, 100% occupied and grossing $3,445/month. Character you can't build anymore: curved bay windows, arched fanlight, twin columned porches, and a striking floor-to-roofline river-rock chimney anchoring the front. The 2,584 sq ft layout spreads four 1 bed/1 bath units across two stories, plus a partial basement for storage and mechanicals. All four leases are current with staggered expirations into 2027 and rents of $800–$925 dependable day-one cash flow with clear upside to market rents on turnover. Out back, gravel off-street parking with alley access keeps tenants happy in a neighborhood where parking matters. Walk to Coeur d'Alene Park, the MAC, and the cafes and pubs of Spokane's oldest neighborhood; minutes to downtown, Kendall Yards, and the medical district. Turnkey income in a location that never goes out of style. Schedule your showing today!

Location

State WA

County Spokane

Rooms

Basement Partial

Interior

Heating Baseboard

Cooling Window Unit(s)

Appliance Free-Standing Range, Refrigerator

Exterior

Parking Features Off Site, Shared Driveway

Amenities Available None

View Y/N true

View City

Roof Type Composition

Total Parking Spaces 4

Building

Lot Description Level

Architectural Style Victorian

Structure Type Asbestos

Schools

Elementary Schools Roosevelt

Middle Schools Sac

High Schools Lewis & Clark

School District Spokane Dist 81

Others

Acceptable Financing FHA, VA Loan, Conventional, Cash

Listing Terms FHA, VA Loan, Conventional, Cash

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

1911 W 2nd Ave Spokane, WA 99201