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1423 N Post St
Spokane, WA 99201

Spokane Area Rental

  • 2,730 Sqft
  • 0.16 Acre

$450,000

2 Months on market

MLS# 202621003

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

Fully occupied 4-unit investment property just minutes from downtown Spokane and the Arena. Unit mix includes one studio, two 1-bedroom/1-bath units and one 2-bedroom/1-bath unit, currently generating approximately $3,350/month ($40,200/year) in gross rent. All tenants are month-to-month and pay their own electric and heat, creating immediate flexibility for the next owner. Current rents offer potential upside as units turn or rents are adjusted, subject to applicable landlord-tenant laws. Property also includes a large 3-car garage with workshop space, alley access and additional income potential. Fresh exterior paint, 2,730 sq ft, four existing income streams and room to improve performance. A solid opportunity for an investor looking for existing cash flow with value-add potential.

SqFt: 2,730
County: Spokane
Year Built: 1906
Basement
  • Full
  • Unfinished
Kitchen / Appliances
  • Free-Standing Range
  • Refrigerator
  • Washer
  • Dryer
Garage / Parking
  • Attached
  • Workshop in Garage
  • Off Site
  • Alley Access
  • Oversized
Heating / Cooling
  • Electric
  • Ductless
Outbuildings
  • Workshop
  • Stge Shd
Lot / Information
  • Fencing
  • Level
Features
  • Breakers
Roof
  • Composition

Office Details
Deese Real Estate  —  (509) 293-9291

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 9/15/2026, 7:24 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.