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1405 W 8th Ave
Spokane, WA 99204

Spokane Area Rental

  • 9,372 Sqft
  • 28 Acre

$1,600,000

1 Month on market

MLS# 202622556

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

13-unit multifamily investment opportunity featuring 8 one-bedroom/one-bath units and 5 two-bedroom/one-bath units. The property generates $16,092.13 in Effective Gross Income and offers an on-site laundry facility, beautifully landscaped grounds, and a convenient location near restaurants, shopping, I-90, and Downtown Spokane. Investment highlights include a $114,247.54 NOI and a 7.14% cap rate, providing an attractive opportunity for investors seeking established rental income in a convenient Spokane location.

SqFt: 9,372
County: Spokane
Year Built: 1962
Basement
  • None
Garage / Parking
  • Carport
  • Off Site
Heating / Cooling
  • Baseboard
Roof
  • Composition

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 9/23/2026, 12:10 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.