Search Properties
Buy with EXIT
Sell with EXIT
Find an Agent/Office
About
Why EXIT
The Spirit of EXIT
Careers
Offices
Contact Us
5312 E Union Ave, Spokane, WA 99207
Share Listing
Overview
Features
Commute
Transportation
Market Statistics
Neighborhood
Similar Homes
Similar Home Values
Contact
$895,000
Share Listing
Home Details for 5312 E Union Ave
Price
$895,000
Type
Multi Family
Year Build
1912
Sq. Ft.
5040
Lot Size
0.34
County
Spokane
Basement
None
MLS®️ Listing#
202515656
On exitrealty.com
207 days
Property Description
Pleased to present the Union Apartments for sale. A low-maintenance, value-add apartment building with strong upside potential. The property includes eight 1-BD/1BA units, onsite laundry, yard area, and dedicated parking for each unit plus additional street parking. Competitive price point at $111,875 per unit, this asset outperforms market comps with an average of $128,073 per unit. Upside potential, opportunity to increase rents by 3.32% to market rates with as-is unit interiors offering strong immediate and long term income potential w/ 6.20% pro forma cap rate. Located in Chief Garry Park, this property offers quick access to Downtown Spokane and Feltz field, making it a desirable rental spot. Valuable amenities include onsite laundry and dedicated parking for each unit to enhance tenant satisfaction & retention. 1BD/1BA units are in strong demand, appealing to singles, couples, and professionals which supports steady occupancy and income!
- Cooling Information
- Other
- Heating Information
- See Remarks
- Parking
- Shared Driveway
- Basement
- None
School Information
School Information for 5312 E Union Ave
Elementary School
Orchard Center
Middle School
Centennial
High School
West Valley
Listing Courtesy: Windermere Manito, LLC - 509-747-1051
Listings courtesy of the Spokane Association of REALTORS® as distributed by MLS GRID. Based on information submitted to the MLS GRID. 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. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2025 MLS GRID. All Rights Reserved.
See average values in the proximity of this property
Median Listing Price
Median Days on EXIT Realty®
Median Square Feet
Market statistics compiled from data from Spokane Association of Realtors.
See several nearby properties
EXIT REAL ESTATE PROFESSIONALS
1403 S. Grand Blvd, Suite 101 N, Spokane, WA 99203
See properties nearby this listing
Compare the values of homes nearby
$895,000
Share Listing
EXIT REAL ESTATE PROFESSIONALS
1403 S. Grand Blvd, Suite 101 N, Spokane, WA 99203