$725,000
Joey Costello
Windermere North Spokane
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About This Home
Exceptional investor or owner-occupant opportunity featuring a well-maintained fourplex in North Spokane within the desirable Mead School District. With strong rental history and quality updates throughout, this property offers excellent income potential and long-term value. Each unit features just under 1,000 SF with 2 bedrooms, 2 bathrooms, including a primary suite, plus LVP flooring, updated cabinetry, stainless steel appliances, updated vinyl windows, in-unit laundry, and individual A/C units. Residents also enjoy private balconies or porches, off-street parking, and detached garages for added convenience and income potential. Gross Monthly Income: $5,360. NOI: $51,453.83. Cap Rate: 7.1%. Potential to package 803 W Knox Ave and 1511-1517 W Euclid Ave for expanded investment opportunity.
Property Details
Property Type
Residential Income
Year Built
1981
County
Spokane
Lot Size
0.21 acres
Garage
1-car
Schools
Elementary: Mead, Middle: Mountainside, High: Mt Spokane
Days on Market
20 days
MLS #
SAR202617285
Parcel #
36202.0711
MLS Area
A341/061
MLS Class
Rental Income
Listing Terms
FHA, VA Loan, Conventional, Cash
Road Frontage
City Street, Paved Road
Street Direction
N
Listed On
May 13, 2026
Status Changed
May 20, 2026
Last MLS Update
May 20, 2026
MLS Branch
1041
School Information
Elementary
Mead
Middle School
Mountainside
High School
Mt Spokane
Home Features & Details
Construction
Structure Type
Roof
Basement
Heating
Cooling
Parking
Listed By
Derek Raivio
LT Real Estate
Joey Costello
Windermere North Spokane
Tour for free, no strings attached
Make a winning offer with the help of a local expert
Estimated Monthly Payment
$3,927/mo
Estimated at 6.5% APR, 30-year fixed. For informational purposes only.
Property Highlights
Location
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