29 E 6TH Ave, Spokane, WA 99202
29 E 6TH Ave, Spokane, WA 99202
29 E 6TH Ave, Spokane, WA 99202
29 E 6TH Ave, Spokane, WA 99202
29 E 6TH Ave, Spokane, WA 99202
29 E 6TH Ave, Spokane, WA 99202
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Kathy Ray

Kathy Ray

+1(509) 290-8433
Listed by Dallas Lightner • LT Real Estate
$ 2,700,000
Est. payment | /mo

13,048 SqFt

Save
$ 2,700,000
Est. payment | /mo
Save

13,048 SqFt

Key Details

Property Type Multi-Family

Sub Type Residential Income

Listing Status Active

Purchase Type For Sale

Square Footage 13,048 sqft

Price per Sqft $206

MLS Listing ID 202624659

Year Built 1978

Lot Size 46.000 Acres

Lot Dimensions 46

Property Sub-Type Residential Income

Property 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.

Location

State WA

County Spokane

Rooms

Basement None

Interior

Heating Electric

Exterior

Parking Features Carport, Off Site

Amenities Available Laundry

View Y/N true

Roof Type Flat

Building

Story 3

Structure Type Fiber Cement

Schools

High Schools Lewis & Clark

School District Spokane Dist 81

Others

Acceptable Financing Conventional, Cash, Commercial

Listing Terms Conventional, Cash, Commercial

Schools and Properties Nearby

Kathy Ray

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(509) 290-8433

kathymray51@gmail.com

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29 E 6TH Ave