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1125 West 11th Avenue

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1125 West 11th Avenue

1125 W 11th Ave, Spokane, WA 99204
Multi-Family For Sale Available Cap Rate 5.5% Built 1903 3 floors Zoning: RSF
Asking Price
$1,750,000
Total Building4,946 SF
Land13,765 SF land
MarketSouth Hill
CountySpokane

Read Overview
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Overview

Property ID
303139
Listing ID
708473
Type
Multi-Family
Asset Class
Multi-Family
Zoning
RSF

Description

This well-positioned 14-unit apartment building sits in a premier lower south hill rental area among historic homes dating back to the founding of Spokane. Building exterior and interior were fully painted in the summer of 2024. Yard was cleaned up last year in preparation for an irrigation system and professional landscaping (not yet completed). Most interior units have been upgraded in the past 1-4 years with new flooring, cabinetry and appliances. All units are easy to rent and at or below market rents. This property is currently under professional management with iRE, LLC and may be renewed for new ownership. Offered at $125,000 / unit.

Listing Courtesy of:

CR
Christian Rose
iRE, LLC
110 S Cedar,
Spokane, WA 99201
State: WA City: Spokane ZIP: 99204 Type: For Sale

Commercial Listings
Disclaimer: The information contained in this listing has not been verified by Muljat Commercial and should be verified by the buyer.