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Street View
$4,250,000
Monthly Est:$21,154
3 Beds
2 Baths
42,500sqft
507 S Howard St, Spokane, WA 99204
$4,250,000
$21,154/moEst:
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Multi Family
Built in 1912
$-- HOA
14,285 sqft lot
$100/sq.ft
Description
Prime mixed-use property in Spokane’s sought-after South Hill neighborhood. The building features 1,015 sqft retail space with a coffee tenant in place with five years left on the lease and twenty-nine apartments above. Located in an Opportunity Zone, the property offers valuable tax benefits and strong income potential. The unit mix includes eighteen one-bedroom and eleven two-bedroom apartments, all with spacious layouts and quality finishes. Rent upside of 10%-20% provides additional growth potential. A solid investment opportunity in a high-demand location close to downtown, shopping, and dining.
- Houzeo last checked: 4 minutes ago
- Listing updated: June 23, 2026 at 9:15 pm
- Listing Provided by: Derek Raivio | LT Real Estate (509) 315-8720
- Source: Spokane MLS-WA | MLS#: 202526824
Property Details
Status
Active
Type
Multi Family
No. of Stories
4
County
City
Neighborhood
Year Built
1912
HOA Fees
-
Finished Area
42,500 sqft
Lot Size
14,285 sqft lot
Basement Area
- sqft
MLS Name
Spokane MLS
MLS Number
202526824
MLS Status
Active
Days on Market
340
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 2
Interior
Heating
Electric, Baseboard
Construction
Year Built
Year Built: 1912
Home type
Multi Family
Roof
Flat
Construction Materials
Brick
Utilities & Energy
Parking Features
Off Site, Alley Access
Association Amenities
Laundry
Basement
Unfinished, Laundry
Price History
| Date | Event | Price |
|---|---|---|
12/11/2025 Source: | Price Decreased | $4,250,000 -5.56% $100/sqft |
11/14/2025 Source: | Listed for Sale | $4,500,000 +66.05% $106/sqft |
04/03/2018 Source: | Sold | $2,710,000 $64/sqft |
Cliff-Cannon Ranks #20 in Spokane, WA
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Based on information from the Spokane Association of REALTORS® through Oct 20, 2026, 11:01PM. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate. ©2026 Spokane Association of REALTORS®. All Rights Reserved.
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