507 S Howard St
Spokane, WA 99204

Spokane Area Rental

  • 42,500 Sqft
  • 0.32 Acre

$4,250,000

1 Month on market

MLS# 202526824

Listing courtesy of Spokane Association of REALTORS MLS as distributed by MLS GRID.

Prime mixed-use property in Spokane’s sought-after South Hill neighborhood. The building features 1,015 sqft retail space with a coffee tenant in place with five years left on the lease and twenty-nine apartments above. Located in an Opportunity Zone, the property offers valuable tax benefits and strong income potential. The unit mix includes eighteen one-bedroom and eleven two-bedroom apartments, all with spacious layouts and quality finishes. Rent upside of 10%-20% provides additional growth potential. A solid investment opportunity in a high-demand location close to downtown, shopping, and dining.

SqFt: 42,500
County: Spokane
Year Built: 1912
Basement
  • Unfinished
  • Laundry
Garage / Parking
  • Off Site
  • Alley Access
Heating / Cooling
  • Electric
  • Baseboard
Roof
  • Flat


Office Details
LT Real Estate  —  509-481-0373

Broker Reciprocity MLS Disclaimer: Copyright of the Spokane Association of REALTORS MLS. All rights reserved. Listing information deemed reliable but not guaranteed.

IDX listing information is provided exclusively for consumers’ personal, noncommercial use. All other uses are strictly prohibited. The listing information displayed herein is based on information submitted to the MLS GRID as of 12/17/2025, 11:23 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.