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1515 Sharp, Spokane
$1,795,000
26-10283 MLS
SVN Cornerstone is pleased to present Sharp Apartments, a 16-unit multifamily investment opportunity in Spokane, WA. Built in 1977, the property features twelve 1-bed/1-bath units (~576 SF) and four 2-bed/1-bath units (~720 SF). 12 units have been renovated, leaving four classic units that offer an immediate ~17% upside in rents upon renovation. All units include in-wall A/C, baseboard heat, dishwashers, and ample closet space. Amenities include onsite laundry and covered rear parking. Offered at $1,900,000 ($118,750/unit | $194/NRSF), the asset delivers a 5.77% in-place cap rate at 100% occupancy. Located in Spokane's West Central neighborhood, the property offers quick access to I-90 and US-2/Division St, and is minutes from Downtown Spokane, the Spokane County Courthouse campus, Spokane Arena, and Riverfront Park--driving strong long-term tenant demand and stabilit

1515 Sharp, Spokane

2327 29th, Spokane
$685,000
26-7734 MLS
SVN Cornerstone is pleased to present the 29th Ave Fourplex for sale located at 2327 E 29th Ave in Spokane's desirable Rockwood neighborhood. The property consists of four residential units and features numerous recent improvements, including new LVP flooring in three units, updated kitchen cabinets in two units, in unit laundry in two units, and enhanced landscaping. The property offers investors a well maintained asset in one of Spokane's most established neighborhoods with strong rental demand and excellent long term investment potential. Lower down payments, longer amortization periods, and faster closings compared to typical commercial loans. One month to month lease creates the potential for owner occupied financing with as little as 5% down, subject to providing proper notice and lender occupancy requirements. Desirable Rockwood neighborhood near Manito Park, shopping, dining, downtown Spokane, and major employers. Recent Updates and Proven Rental Upside

2327 29th, Spokane

1704 Ash, Spokane
$495,000
26-4816 MLS
Ash Apartments is a well-located 7-unit value-add apartment community in Spokane's West Central neighborhood, offering immediate cash flow with a clear path to enhanced long-term returns through light interior upgrades and operational improvements. The property consists of two charming buildings and has benefited from nearly $115,000 in recent capital improvements including new electrical service and panels, upgraded windows, new siding and exterior paint, interior paint, LVP flooring, and a new furnace, significantly reducing near-term capital needs. The asset is ideally positioned for continued income growth through updated interiors and refreshed common areas, and its proximity to Downtown Spokane, Gonzaga University, transit, parks, and major employers supports strong and durable rental demand, making it an attractive opportunity for investors seeking a stabilized core holding with meaningful upside.

1704 Ash, Spokane

6408 Normandie, Spokane
$429,000
26-4119 MLS
Unit 6410 is now vacant and ready for an owner-occupant! Live in one unit and rent the other two to help offset mortgage and living expenses. The detached garage, currently used by the seller for storage, will also be available for the new owner's use. This well-maintained Spokane triplex includes one 1-bedroom, 1-bath unit and two 2-bedroom, 1-bath units, plus a carport with three parking spaces and detached garage/storage. Recent updates include a new water heater in Unit 6410 (2022), new range in Unit 6412 (2023), new laundry room water heater, flooring, and electrical subpanel (2022), new exterior paint, gutters, landscaping beds, and shrubs (2022), and a new washer and dryer in the shared laundry room (2023). Units 6408 and 6412 are currently leased, with upside potential in rents. Please do not disturb tenants.

6408 Normandie, Spokane

3024 Hogan, Spokane
$395,000
26-3346 MLS
SVN Cornerstone is pleased to present the Hogan Duplex and Storage Units for sale located at 3024 N Hogan St in Spokane. The Hogan Duplex and Storage Units consist of two 2 bedroom 1 bathroom units in the duplex and 2 storage units on the same lot. Opportunity for Residential Financing - Qualifies for attractive residential financing with lower down payment options and favorable loan terms, increasing accessibility and overall return potential Rental Upside - Current rents are below market with the ability to increase to approximately $1,350, providing immediate income growth potential Diverse Income Streams - Duplex units combined with additional storage units provide multiple sources of income and reduced vacancy risk Situated in a desirable Spokane location with access to employment, schools, and amenities, supporting consistent rental demand and long term stability New roof in 2022 and updated heaters help reduce near term capital expenditures and improve operational stability

3024 Hogan, Spokane

1427 7th, Spokane
$645,000
26-2801 MLS
SVN Cornerstone is pleased to present the Seventh Apartments for sale located at 1427 W 7th Ave in Spokane's Cliff Cannon neighborhood. The Seventh Apartments consist of six total units including five 1bed/1bath units and 1 studio. The property features three on site parking spaces, ample street parking, and a dedicated room that can be converted into a laundry room. Highlights - 100% Occupied - Fully occupied property providing immediate and stable cash flow. - Over $30K in Recent CapEx - Recent improvements include new water heaters and fresh exterior paint. - Upgraded Copper Electrical Wiring - Copper electrical wiring reduces insurance concerns and future capital needs. - Unique Property Layout - One unit is located in a separate building, offering added privacy and a distinctive unit mix. - Prime Central Location - Conveniently located near a bus stop, hospitals, downtown Spokane, I-90, shopping, dining, and major employers.

1427 7th, Spokane

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