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1112 S ASH St
Spokane, WA 99204

Spokane Area Rental

  • 2,002 Sqft
  • 0.06 Acre

$449,900

1 Month on market

MLS# 202622528

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

Cash-Flowing Triplex with Value-Add Potential! Fully occupied and producing $3,275 per month in gross rental income ($39,300 annually), this investment property offers immediate returns and long-term upside. The unit mix includes one 2-bedroom unit and two 1-bedroom units with established rents of $1,400, $1,000, and $875 per month. Great South hill location! Investors will appreciate the opportunity to further increase returns through future rent adjustments, property enhancements, improved operational efficiencies, and potential basement unit expansion. With tenants already in place and income from day one, this property checks the boxes for investors seeking both stability and growth. New roof in 2019 and new vinyl windows in 2025. Rare opportunity to acquire a performing asset with existing cash flow and multiple strategies for increasing value and maximizing ROI. Showings available with accepted offer. AI was used to remove tenant personal items. Buyer and buyer's agent to verify all information.

SqFt: 2,002
County: Spokane
Year Built: 1906
Basement
  • Laundry
  • Walk-Out Access
Kitchen / Appliances
  • Free-Standing Range
  • Dishwasher
  • Refrigerator
Garage / Parking
  • None
Fireplace
  • Masonry
  • Woodburning Fireplce
Heating / Cooling
  • Natural Gas
  • Electric
  • Forced Air
  • Baseboard
Lot / Information
  • City Bus (w/in 6 blks)
Roof
  • Composition

Office Details
Kelly Right Real Estate of Spokane  —  (509) 489-7000

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 9/23/2026, 3:53 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.