1412 PostSpokane, WA 99201
N/A · Spokane County
$2,000,000List price
14,353Sq Ft
1914Year built
0.41Acre lot
7 days agoOn market
Description
This 20-unit multifamily investment property offers a mix of 1 three-bedroom unit, 11 one-bedroom units, and 8 studios, with gross monthly income of $21,740.46. Located near Downtown Spokane, the property features off-street parking, on-site laundry, and a roof replaced in 2025. The 14,353 SF building was built in 1914 and is offered at $2,000,000, or $100,000 per unit, with a reported NOI of $143,038.07 and a 7.15% cap rate.
Property Information
- Property type
- Residential Income
- Sub-type
- Multi Family
- Year built
- 1914
- Living area
- 14,353 Sq Ft
- Lot size
- 0.41 acres
- Lot dimensions
- 17750
- Zoning
- RHD
- Days on market
- 7
- MLS® Listing#
- 26-10538
Property Features
- Heating
- Hot Water · Natural Gas
- Basement
- Partially Finished · Partial
- Parking
- Paved
- Lot features
- Level
- Construction
- Frame · Brick
- Foundation
- Concrete Perimeter
- Roof
- Rubber
- Sewer
- Public Sewer
- Water source
- Public
Financial Details
- HOA
- None
- Annual taxes
- $17,361Tax year 2025
- Parcel number
- 35182.0809
Directions
GPS is accurate
Listing Courtesy: LT Real Estate - 5094810373
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