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Kathy Ray

kathymray51@gmail.com +1(509) 290-8433

Listed by Matthew Brunner • REAL Broker LLC

$ 399,900

Est. payment | -/mo

2,584 SqFt

Save

$ 399,900

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 $154

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

Schools and Properties Nearby

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+1(509) 290-8433

kathymray51@gmail.com

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1911 W 2nd Ave Spokane, WA 99201