8-unit multifamily property on Spokanes South Hill (Cliff-Cannon) is 100% occupied, featuring eight 2 bed/1 bath units of approximately 1,000 SF each. The 2-story building was built in 1968 and sits on a .37 acre (16,250 SF) lot. Recent updates include a new roof and water heaters in 2025 and updated windows. Units offer electric heat, in-unit washer/dryers, and wood fireplaces in 4 units, with covered off-street parking plus an adjacent lot. Just minutes from Manito Park, Riverfront Park, restaurants, hospitals and transportation. Gross scheduled rent is $129,600 per year ($10,800/month), with an NOI of $91,446 and a 5.90% cap rate.
Listed By
Agency Name: LT Real Estate
Shown By
Agent Name: Stacy Flascher
Agent Phone: (509) 986-4122
Agency Title: Coldwell Banker Tomlinson
Estimated Payment
$ 4,649.79 per month $3,449.63 Principal & Interest $748.08 Property Tax $452.08 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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1303 W 13th Ave | MLS# 202626401
This multi-family property located at 1303 W 13th Ave, Spokane, WA 99204 is currently listed for sale with an asking price of $1,550,000. W 13th Ave is located within the Spokane Dist 81 school district. Search Spokane real estate on sflascher.cbspokane.com today.