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1119 W Augusta Ave
Spokane, WA 99205

Spokane Area Rental

  • 4,309 Sqft
  • 0.14 Acre

$830,500

1 Month on market

MLS# 202622104

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

High-Yield Multifamily Opportunity in Spokane! This fully renovated 8-unit apartment building offers investors an exceptional 9.66% CAP Rate in a high-demand rental market. Every unit has been updated, significantly reducing immediate capital expenditure risk and supporting a "turn-key" ownership experience. The property’s desirability is proven by its recent performance. Introducing a turnkey fully renovated, centrally located 8-unit multi-family nestled in the heart of Spokane. This historic property exudes old-world charm and presents an attravtive investment opportunity. With alley access , there's ample off-street parking, a significant asset in any urban setting. A shared laundry facility adds conveniece for residence and separately metered units allow for straightforward utility management. Its proximity to downtown and Kendall Yards makes it an attractive choice for those desiging central, vibrant living. Don't miss this opportunity to invest in a piece of Spokane's history with excellent return

SqFt: 4,309
County: Spokane
Year Built: 1905
Basement
  • Full
  • Finished
  • Laundry
Kitchen / Appliances
  • Gas Range
  • Refrigerator
Garage / Parking
  • Off Site
  • Alley Access
Heating / Cooling
  • Electric
  • Ductless
Lot / Information
  • Level
Features
  • Breakers
  • Sec Lights
Roof
  • Composition

Office Details
EXIT Real Estate Professionals  —  (509) 535-8400

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 8/21/2026, 10:52 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.