(509) 499-0662
Sign Up Login

1405 W 8th Ave , Spokane, WA 99204

$1,600,000
  • 1405 W 8th Ave , Spokane, WA 99204 Main Photo

15 Photos

New to the Market Active
BEDS0 BATHS0 SQUARE FEET9,372 MLS#26-10526
STATUS PROPERTY TYPEMulti Unit - Multiple

Property 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.

1405 W 8th Ave | MLS# 26-10526

This multi-family property located at 1405 W 8th Ave , Spokane, WA 99204 is currently listed for sale with an asking price of $1,600,000. Search Spokane real estate on sranniger.cbspokane.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: None
Heating: Electric, Baseboard
Lot Size: 0.28 Acres
Roof Type: Composition
Taxes: $16,415
Year Built: 1962

Feature Descriptions

Exterior: Stone
Foundation: Concrete Perimeter
Foundation: Concrete Perimeter
Lot: Level
Lot Dimensions: 12297
Road: Paved
Sewer: Public Sewer
Water: Public

Listed By / Shown By

Listed By

Agency Name: LT Real Estate

Shown By

Agent Name: Steve Ranniger
Agent Phone: (509) 499-0662
Agency Title: Coldwell Banker Tomlinson

IDX logo

Estimate Your Payment

Estimated Payment

$ 5,395.49 per month $3,560.91 Principal & Interest $1,367.92 Property Tax $466.67 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 10/27/2026. The listing information on this page last changed on 10/27/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 10/27/2026 1:05:27 PM EST) or Coeur dAlene MLS (last updated Tue 10/27/2026 1:02:16 PM EST) or Spokane MLS (last updated Tue 10/27/2026 12:58:53 PM EST). Real estate listings held by brokerage firms other than Coldwell Banker Tomlinson may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.


Privacy Policy / DMCA Notice / ADA Accessibility

Login to My Homefinder