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1303 W 13th Ave, Spokane
$1,550,000
202626401 MLS
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.

1303 W 13th Ave, Spokane

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