1412 N Post St - Apartments FOR SALE


Spokane, WA 99201- Emerson Garfield
$2,000,000 USD
509-315-8720
1412 N Post St, Spokane, WA for Sale
$2,000,000 USD
Apartments - FOR SALE
1/19
null | 7.15% Cap Rate

1412 N Post St
Spokane, WA 99201
Emerson Garfield


HIGHLIGHTS

  • Roof Replaced in 2025
  • Off Street Parking
  • Located Near Downtown Spokane
  • On-Site Laundry

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$139 USD /SF

# OF UNITS

20

PRICE/UNIT

$100,000

CAP RATE

7.15%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Natalie

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1914

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.41 AC

LAND SF

17,751 SF

ZONING

RHD

APN/PARCEL ID

35182.0809

ASK ABOUT THIS PROPERTY

Dallas LightnerLT Real EstateMore Info
509-315-8720

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Dallas LightnerLT Real EstateMore Info
509-315-8720

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.