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Listed by: Peter Clark (509) 943-0400 | The Paragon Group (509) 943-0400
$1,210,000
Monthly Est:$6,023
15 Beds
9 Baths
6,570sqft
1332 W Garland Ave, Spokane, WA 99205
$1,210,000
$6,023/moEst:
Get Pre-Approved
Multi Family
Built in 1973
$-- HOA
18,474 sqft lot
$184/sq.ft
Description
3906-3912 N Cedar St & 1332-1336 W Garland Ave offers three triplexes on three parcels in Spokane’s Garland District. The 9-unit portfolio has already benefited from meaningful ownership investment, including renovated interiors in 6 of 9 units, and major CapEx such as new roofs and windows. With stabilized performance and proven rent growth on renovated units, the portfolio offers dependable in-place income with additional upside remaining. The remaining upside is straightforward and achievable. As long-term tenants naturally vacate, select units can be renovated to match the quality of the completed interiors, allowing rents to continue moving toward proven renovated unit levels. This creates a clear path to incremental cash flow growth while preserving the portfolio’s stabilized performance. Located in the heart of the Garland District, the portfolio benefits from one of Spokane’s most recognizable neighborhood corridors. Known for its historic theater, local restaurants, shops, pubs, and neighborhood character, Garland provides tenants with a walkable, amenity-rich setting while remaining close to Spokane’s broader employment and commercial centers. Continued reinvestment in the district has strengthened its appeal, making the location a clear positive for long-term tenant demand.
- Houzeo last checked: 3 hours ago
- Listing updated: September 23, 2026 at 1:36 am
- Source: Northwest Multiple Listing Service | MLS#: NWM2562100
Property Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
Year Built
1973
HOA Fees
-
Finished Area
6,570 sqft
Lot Size
18,474 sqft lot
Basement Area
- sqft
MLS Name
Northwest Multiple Listing Service
MLS Number
NWM2562100
MLS Status
Active
Days on Market
83
Cumulative Days on Market
82
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 15
Bathrooms: 9
Interior
Exterior Features
Brick
Heating
Baseboard
Cooling
Window Unit(s)
Sewer
Sewer Connected
Construction
Year Built
Year Built: 1973
Home type
Multi Family
Property Condition
Good
Roof
Composition
Construction Materials
Brick
Foundation Details
Block
Utilities & Energy
Water Source
Public
Other Features
Subdivision Name
Shadle Garland
Price History
| Date | Event | Price |
|---|---|---|
07/30/2026 Source: | Listed for Sale | $1,210,000 -6.92% $184/sqft |
07/30/2026 Source: | Price Increased | $1,300,000 +7.44% $198/sqft |
07/30/2026 Source: | Price Increased | $1,210,000 +514.21% $184/sqft |
12/03/2012 Source: | Sold | $197,000 $30/sqft |
North Hill Ranks #33 in Spokane, WA
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Based on information submitted to the MLS GRID by Northwest Multiple Listing Service as of Oct 20, 2026, 04:47PM. 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.
IDX information is provided exclusively for consumers’ personal, noncommercial use; it may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing, that the data is deemed reliable, but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any and as amended from time to time. © 2025 Northwest Multiple Listing Service. All Rights Reserved.
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