Todd Spencer
BEDS2
BATHS1
SQUARE FEET7,424
MLS#202626401
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONBooges Addition
SCHOOLSpokane Dist 81
Property Description
8-unit multifamily property on Spokanes South Hill (Cliff-Cannon) is 100% occupied, featuring eight 2 bed/1 bath units of approximately 1,000 SF each. The 2-story building was built in 1968 and sits on a .37 acre (16,250 SF) lot. Recent updates include a new roof and water heaters in 2025 and updated windows. Units offer electric heat, in-unit washer/dryers, and wood fireplaces in 4 units, with covered off-street parking plus an adjacent lot. Just minutes from Manito Park, Riverfront Park, restaurants, hospitals and transportation. Gross scheduled rent is $129,600 per year ($10,800/month), with an NOI of $91,446 and a 5.90% cap rate.
Property Features
Property Type: Multi Unit - Multiple
Basement: None
Roof Type: Flat
Stories: 2.0
Taxes: $8,977
Year Built: 1968
Feature Descriptions
Association Amenities: Laundry, Storage
Exterior: Masonite, Wood Siding
Fireplace: Woodburning Fireplce
Heating/Cooling: Electric
Parcel#: 35193.2501
Parking: Off Site
SQ. FT. Total: 7424
Local Schools
School District: Spokane Dist 81
Listed By / Shown By
Listed By
Agency Name: LT Real Estate
Shown By
Agent Name: Todd Spencer
Agent Phone: (509) 869-5885
Agency Title: Coldwell Banker Tomlinson
Estimate Your Payment
Estimated Payment
$ 4,649.79 per month $3,449.63 Principal & Interest $748.08 Property Tax $452.08 Homeowner's InsuranceChange Payment Information
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1303 W 13th Ave | MLS# 202626401
This multi-family property located at 1303 W 13th Ave, Spokane, WA 99204 is currently listed for sale with an asking price of $1,550,000. W 13th Ave is located within the Spokane Dist 81 school district. Search Spokane real estate on tspencer.cbspokane.com today.