Description

Excellent investment opportunity in Spokane’s highly desirable Browne’s Addition neighborhood. This two-story multifamily property comprises five 1 bed, 1 bath units, each offering strong rental appeal in one of the city’s most established and walkable areas. Each unit blends historic character with functional layouts, including original hardwood floors, abundant natural light, and decorative fireplaces in select units. Full-size kitchens and well-maintained bathrooms with tub/shower combinations provide practical, comfortable living spaces for tenants. The property offers consistent demand due to its proximity to parks, dining, medical facilities, and downtown Spokane. Ideal for investors seeking stable cash flow in a proven rental submarket.

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Property information

Property type

Residential Income

Year built

1903

Living area

3,040 Sq Ft

Lot size

0.11 acres

Price / Sq Ft

$238

Days on market

249

Parcel number

25241.1710

Features

Heating

Natural Gas · Forced Air · Baseboard

Parking

Off Site

Laundry

In Basement

Roof

Composition

Construction

Wood Siding

Basement

Partial · Finished · Walk-Out Access