Listed price in listed location currency (USD).
$849,000

003

MLS® 2562023

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage No
Taxes $4,993
Days Active 4
Lot Size 0.179299995303154 Acres
Approx. Age 1909
MLS® Number 2562023

Property Address: 1414 W Tenth Avenue, Spokane, WA, 99204

Average square foot calculated using Size range provided by listing agent.

Description

10th Avenue Apartments is a seven-unit multifamily property located in Spokane’s historic Cliff/Cannon neighborhood on the lower South Hill. Offered at $849, 000, or $121, 286 per unit, the property provides immediate income at a 7.54% in-place cap rate with a path to an 8.02% pro forma cap rate. Four units have already been renovated, establishing a clear improvement standard for the three remaining unrenovated units. This defined renovation scope gives new ownership the opportunity to improve unit quality and increase rental income without undertaking a full property repositioning. The property is minutes from downtown Spokane, the Medical District, neighborhood parks, Huckleberry’s Natural Market, and other South Hill amenities. Its established residential location provides convenient access to major employers, shopping, recreation, and transit while supporting continued renter demand.
MLS® Number2562023
Laundry Level
Central VacNo
FireplaceNo
Acreage0.1793
Exterior
GarageNo
Approx. Age1909
Basement
Driveway
Garage Spaces0
HeatRadiator
A/CNone

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 29, 2026List Date
$849,000List Price
  • Commute

Commute

Starting Address
Destination Address
1414 W Tenth Avenue, Spokane, WA

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