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Street View
$1,600,000
Monthly Est:$7,964
-- Bed
-- Bath
9,372sqft
1405 W 8th Avenue, Spokane, WA 99204
$1,600,000
$7,964/moEst:
Get Pre-Approved
Multi Family
Built in 1962
$-- HOA
12,196.8 sqft lot
$171/sq.ft
Description
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.
- Houzeo last checked: 12 minutes ago
- Listing updated: October 27, 2026 at 5:31 pm
- Listing Provided by: Ryan Towner (509) 481-0373 DRE #24027253 | LT Real Estate (509) 481-0373
- Source: Coeur d'Alene MLS-ID | MLS#: 26-10526
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
Year Built
1962
HOA Fees
-
Finished Area
9,372 sqft
Lot Size
12,196.8 sqft lot
Basement Area
- sqft
MLS Name
Coeur d'Alene MLS
MLS Number
26-10526
MLS Status
Active
Days on Market
5
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Sewer
Public Sewer
Heating
Electric, Baseboard
Construction
Year Built
Year Built: 1962
Home type
Multi Family
Foundation Details
Concrete Perimeter
Construction Materials
Wood Siding, Stone, Frame
Roof
Composition
Utilities & Energy
Basement
None
Water Source
Public
Other Features
Lot Features
Level
Subdivision Name
N/a
Price History
| Date | Event | Price |
|---|---|---|
09/21/2026 Source: | Price Decreased | $1,600,000 -5.88% $171/sqft |
08/13/2026 Source: | Listed for Sale | $1,700,000 $181/sqft |
Cliff-Cannon Ranks #20 in Spokane, WA
Homes
Rental Prices
Median Home Price
Getting Around 1405 W 8th Avenue
Bike Score®
Bikeable
59/100
Walk Score®
Very Walkable
76/100
Transit Score®
Good Transit
57/100
Data provided by Redfin
Nearby Homes
Find Homes by Property Features in Spokane, WA
Based on information from CDA Regional REALTORS® or its Multiple Listing Service through Nov 01, 2026, 10:15AM The IDX information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. © 2026 CDA Regional REALTORS®. All Rights Reserved.
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