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$215,000
3 Beds
- 1 Bath
936sqft
1829 W 6Th Ave, Spokane, WA 99204
$215,000
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Single Family Residence
Built in 1954
$-- HOA
4,205 sqft lot
$230/sq.ft
Description
7.6% CAP RATE POTENTIAL. High-performance investment opportunity in Spokane’s desirable Cliff-Cannon neighborhood! This 3-bedroom, 1-bath cottage is perfectly positioned for the medical professional tenant pool, just minutes from the hospital district and Downtown core. Pro-forma market rent is estimated at $2,100/mo, delivering a projected 7.6% cap rate at the $235,000 price point. Delivered fully vacant, this property allows a new owner to establish a fresh market-rate baseline under 2026 rent stabilization guidelines. Featuring a newer roof, fresh exterior paint, and a compact, low-maintenance footprint, this asset is designed for consistent occupancy and high yield. ...
Continue ReadingProperty Details
Status
Pending
Type
Single Family Residence
No. of Stories
1
County
City
Neighborhood
Year Built
1954
HOA Fees
-
Finished Area
936 sqft
Lot Size
4,205 sqft lot
Basement Area
- sqft
MLS Name
Spokane MLS
MLS Number
202615277
MLS Status
Pending-Inspection
Days on Market
90
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