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2012 N Cincinnati St
Spokane, WA 99207

Spokane Area Rental

  • 3,094 Sqft
  • 0.16 Acre

$450,000

1 Month on market

MLS# 202622731

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

Three-unit income property just north of Gonzaga University with immediate rental income, and a VA assumable loan at just 4.99%. VA-eligible buyers may be able to assume the existing financing with as little as 0% down. Live in one unit while the other two help pay the mortgage, or rent all three with potential cash flow of $1,000+/month. Current rental amount totals $4100/month. A newer roof and metal siding with newer appliances making maintenance simple. The property includes a 3-bedroom, 2-bath unit, a 2-bedroom, 1-bath unit, and a 1-bedroom, 1-bath unit. Two units have been remodeled, including the main-floor unit with new windows, LVP flooring, fresh paint, and an updated kitchen and bathroom. The third unit with long-term stable tenant offers future potential to add value. Separate electric meters, and dedicated parking spots in a fenced lot. Close to downtown Spokane, shopping, dining, the Spokane River, and Centennial Trail.

SqFt: 3,094
County: Spokane
Year Built: 1899
Basement
  • Full
  • Rec/Family Area
  • Laundry
  • Walk-Out Access
Kitchen / Appliances
  • Free-Standing Range
  • Dishwasher
  • Refrigerator
  • Disposal
  • Microwave
  • Washer
  • Dryer
  • Hard Surface Counters
Garage / Parking
  • Off Site
  • Shared Driveway
Heating / Cooling
  • Natural Gas
  • Electric
  • Forced Air
  • Baseboard
Lot / Information
  • Fenced Yard
  • Treed
  • Level
  • Oversized Lot
Roof
  • Composition

Office Details
REAL Broker LLC  —  (360) 810-5696

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 8/24/2026, 8:01 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.