1428 W 10th Ave - Apartments FOR SALE


Spokane, WA 99204- Cliff Cannon
$1,325,000 USD
509-481-0373
1428 W 10th Ave, Spokane, WA for Sale
$1,325,000 USD
Apartments - FOR SALE
1/11
null | 7.73% Cap Rate

1428 W 10th Ave
Spokane, WA 99204
Cliff Cannon


HIGHLIGHTS

  • 6 - 1 Bed Units, 1 - 2 Bed Unit, & 5 Studios
  • Rental Income of $11,607/Month
  • On Site Laundry Facilities & Off Street Parking

OVERVIEW

- 6 - 1 Bed Units, 1 - 2 Bed Unit, & 5 Studios - Rental Income of $11,607/Month - On Site Laundry Facilities & Off Street Parking - High Ceilings, Large Windows, & Hardwood Floors - Recent Remodels - Great South Hill Location Close to I-90 - Parcel # 25244.4105 This property offers individuality, uniqueness, and character. Located in Spokane’s historically upscale Lower South Hill neighborhood, this area was originally developed 120 years ago as an affluent district filled with historic homes and mansions. These homes were built during a time when craftsmanship and quality materials were highly valued. Thanks to the lasting quality of the surrounding residences and the convenient access to downtown, this property sits in one of Spokane’s most desirable residential areas. It benefits from easy access to both East–West freeway routes and North–South corridors like Maple and Monroe. Major employers—including Deaconess Hospital, Sacred Heart Hospital, Fairchild Air Force Base, and Downtown Spokane—are just minutes away. The property is centrally located with convenient access to major roads. We encourage you to explore the Spokane City Crime Map to see the neighborhood firsthand. This property has minimal deferred maintenance, and it remains attractive and well cared for—something tenants take pride in. Leases include clear rules: no parties, no loud music, and no smoking. A team of full-time maintenance staff ensures that all repairs are addressed promptly and that the property remains in excellent condition.

FOR SALE DETAILS

PRICE

$1,325,000 USD

PRICE/SF

$176 USD /SF

# OF UNITS

12

PRICE/UNIT

$110,417

CAP RATE

7.73%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1909

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

RMF

APN/PARCEL ID

25244.4105

ASK ABOUT THIS PROPERTY

Ryan TownerLT Real EstateMore Info
509-481-0373

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Ryan TownerLT Real EstateMore Info
509-481-0373

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