29 E 6TH Ave, Spokane, WA 99202

$2,700,000 Active MLS® 202624659 Multi Family Home
ActiveMLS® 202624659
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29 E 6TH Ave, Spokane, WA 99202 photo
Multi Family Home
MLS® 202624659
$2,700,000
29 E 6TH Ave, Spokane, WA 99202
46 Acres 13,048 Sq.Ft. Built 1978
Description

20-unit multifamily investment opportunity - (18) 2 Bed/1 Bath Units and (2) 1 Bed/1 Bath Units, located near Downtown Spokane and the Medical District. Built in 1978, this 13,048 SF property sits on approximately 0.46 acres and offers a strong combination of location, resident amenities, and income potential. The property features granite countertops, stainless-steel appliances, LVP flooring, covered parking, and on-site laundry facilities. Conveniently located near multiple parks and retail centers, with easy access to Downtown Spokane and the Medical District, this property offers an attractive investment opportunity. The property consists of 20 units with Effective Gross Income of $24,893.10 per month, an NOI of $198,639.09, and a 7.36% cap rate.

Interior features
  • Basement description None
  • Lot dimension 46
Exterior features
  • Lot dimension 46
  • Roofing materials Flat

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Location
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