1824 W Maxwell Ave - Multi-Family FOR SALE


Spokane, WA 99201- West Central
$1,150,000 USD
509-481-0373
1824 W Maxwell Ave, Spokane, WA for Sale
$1,150,000 USD
Multi-Family - FOR SALE
1/11
null | Request Cap Rate

1824 W Maxwell Ave
Spokane, WA 99201
West Central


HIGHLIGHTS

  • 6 - 1 Bed / 1 Bath Units
  • Private, Individually Fenced Yard Per Unit - Reserved - Onsite Parking
  • Extensive Renovation Completed In 2023 - New Kitchens: Appliances, Countertops, Sinks & Lower Cabinets
  • New GE Stacked Washer & Dryer In Every Unit
  • Gross Rents: $7,550 Per Month
  • New Roof At 1830 W Maxwell Added In 2022

OVERVIEW

Two fully renovated triplexes offering strong rental income and low-maintenance ownership. Each building is 1,620 SF and consists of three 1 bed / 1 bath units (six units total). Extensive renovations were completed in 2023, including new kitchens with updated appliances, countertops, cabinetry, and new LVP flooring and carpet throughout. Each unit features a new GE stacked washer and dryer, adding convenience for tenants and enhancing rental appeal. The property also offers reserved parking and private, individually fenced yards for each unit. New roof added to 1830 W Maxwell in 2022. 1830 W Maxwell currently generating $3,800 per month in gross rents. 1824 W Maxwell currently generating $3,750 per month in gross rents.

FOR SALE DETAILS

PRICE

$1,150,000 USD

PRICE/SF

$355 USD /SF

# OF UNITS

6

PRICE/UNIT

$191,667

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1824 & 1830 W Maxwell Ave -Triplex Package

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1977

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

25131.3612

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 Notice.