1303 W 13th Ave, Spokane, WA 99204
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1303 W 13th Ave, Spokane, WA 99204
1303 W 13th Ave, Spokane, WA 99204
1303 W 13th Ave, Spokane, WA 99204
1303 W 13th Ave, Spokane, WA 99204
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Nick Grishko

Nick Grishko

+1(509) 203-4550
Listed by Dallas Lightner • LT Real Estate
$ 1,550,000
Est. payment /mo
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Active

1303 W 13th Ave Spokane, WA 99204

7,424 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Residential Income

Listing Status Active

Purchase Type For Sale

Square Footage 7,424 sqft

Price per Sqft $208

Subdivision Booge'S Addition

MLS Listing ID 202626401

Year Built 1968

Annual Tax Amount $8,977

Lot Size 0.370 Acres

Lot Dimensions 0.37

Property Sub-Type Residential Income

Property Description

8-unit multifamily property on Spokane's 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.

Location

State WA

County Spokane

Rooms

Basement None

Interior

Heating Electric

Fireplaces Type Woodburning Fireplce

Appliance Washer, Dryer

Exterior

Parking Features Off Site

Amenities Available Laundry, Storage

View Y/N true

Roof Type Flat

Building

Story 2

Structure Type Masonite,Wood Siding

Schools

School District Spokane Dist 81

Others

Acceptable Financing Conventional, Cash, Commercial

Listing Terms Conventional, Cash, Commercial

Nearby Schools & Properties

Learn More About This Property

Jared Urbick
Jared Urbick

Real Estate Broker WA 24022549ID 3981632

+1(509) 262-4178 | jared@kindhomegroup.com

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By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Kind Home Group at Kelly Right Real Estate, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

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