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1307 E Mission Ave
Spokane, WA 99202

Spokane Area Rental

  • 2,053 Sqft
  • 0.20 Acre

$425,000

1 Week on market

MLS# 202614654

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

Directly across from Mission Park and just steps from Gonzaga University, this classic brick investment property sits in one of Spokane’s most consistent and in-demand rental locations. With campus, recreation, and neighborhood amenities all within easy reach, it’s ideally positioned for long-term tenant appeal. The home offers a functional six-bedroom layout with three bedrooms upstairs and three downstairs—well-suited for student housing or shared living. Solid brick construction adds lasting durability and timeless character, while the unbeatable proximity to Gonzaga ensures strong, reliable demand year after year. Currently leased through May 2027 at $3,000 per month, this is a true turnkey investment with immediate income. Tenants pay all utilities and landscaping, contributing to a low-maintenance ownership experience, and a strong 7.1% cap rate. An exceptional opportunity to own a stable, income-producing property just moments from Gonzaga’s campus.

SqFt: 2,053
County: Spokane
Year Built: 1960
Basement
  • Full
  • Finished
  • Rec/Family Area
Kitchen / Appliances
  • Free-Standing Range
  • Refrigerator
  • Washer
  • Dryer
Garage / Parking
  • Detached
  • Off Site
  • Alley Access
Fireplace
  • Masonry
Heating / Cooling
  • Natural Gas
  • Forced Air
Lot / Information
  • Fencing
  • Sprinkler - Automatic
  • Level
  • Corner Lot
  • City Bus (w/in 6 blks)
Roof
  • Composition

Office Details
eXp Realty, LLC  —  (888) 317-5197

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 4/9/2026, 12:22 AM. 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.