801 S Adams St - Apartments FOR SALE


Spokane, WA 99204- Cliff Cannon
$2,099,000 USD
509-315-8720
801 S Adams St, Spokane, WA for Sale
$2,099,000 USD
Apartments - FOR SALE
1/17
null | 6.81% Cap Rate

801 S Adams St
Spokane, WA 99204
Cliff Cannon


HIGHLIGHTS

  • 15 Unit Multifamily Property
  • Renovated Units
  • On Site Laundry Facilities

OVERVIEW

An exceptional investment opportunity awaits with this 15-unit multifamily property, generating $16,622 in monthly rental income. Located in one of Spokane’s most desirable neighborhoods, this South Hill asset features renovated units with luxury vinyl plank flooring, modern kitchens outfitted with updated cabinetry and stainless steel appliances. Residents enjoy the convenience of on-site laundry facilities and easy access to shopping, dining, and transit. A strong performer in a high-demand rental market—this property is a turnkey addition to any portfolio.

FOR SALE DETAILS

PRICE

$2,099,000 USD

PRICE/SF

$200 USD /SF

# OF UNITS

15

PRICE/UNIT

$139,933

CAP RATE

6.81%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1947

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,201 SF

ZONING

MF

APN/PARCEL ID

35193.0701

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 Policy.