Description
Rare opportunity to own two fully rented fourplexes (8 units total) in Spokane's highly desirable Gonzaga Districtjust minutes from Gonzaga University, public transportation, and Downtown Spokane! These well-maintained buildings boast a combined gross income of approximately $115,000 annually, with five of the eight units fully remodeled, including the two most recent rentals bringing in $1,400/month each. All units are 2 bed / 1 bath and feature in-unit laundry, making them highly attractive to tenants along with the 8 car carport and 6 storage units. Investors will appreciate the stability and strong cash flow without the need for commercial financing. All appliances, including washers and dryers, are included in the sale, making this a truly turnkey investment. Recent improvements include new roofs on both the main complex and carport, updated siding and exterior paint. Showings available with accepted offer only. Please don't disturb tenants. Seller is a licensed real estate agent.
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0BEDS
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0.3ACRES
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0BATHS
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01/2 BATHS
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7,312SQFT
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$171$/SQFT
School Information
Description
Rare opportunity to own two fully rented fourplexes (8 units total) in Spokane's highly desirable Gonzaga Districtjust minutes from Gonzaga University, public transportation, and Downtown Spokane! These well-maintained buildings boast a combined gross income of approximately $115,000 annually, with five of the eight units fully remodeled, including the two most recent rentals bringing in $1,400/month each. All units are 2 bed / 1 bath and feature in-unit laundry, making them highly attractive to tenants along with the 8 car carport and 6 storage units. Investors will appreciate the stability and strong cash flow without the need for commercial financing. All appliances, including washers and dryers, are included in the sale, making this a truly turnkey investment. Recent improvements include new roofs on both the main complex and carport, updated siding and exterior paint. Showings available with accepted offer only. Please don't disturb tenants. Seller is a licensed real estate agent.
© 2025 of Spokane Association of REALTORS® MLS. All rights reserved. Listing information courtesy of Spokane Association of REALTORS® MLS. IDX data is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the SARMLS. Data last updated 2025-11-10T20:20:35.823.