Multi Family homes for sale & real estate in 99208, WA

Multi Family Home for sale in 99208, WA:

This 20-unit multifamily investment property offers a mix of 1 three-bedroom unit, 11 one-bedroom units, and 8 studios, with gross monthly income of $21,740.46. Located near Downtown Spokane, the property features off-street parking, on-site laundry, and a roof replaced in 2025. The 14,353 SF building was built in 1914 and is offered at $2,000,000, or $100,000 per unit, with a reported NOI of $143,038.07 and a 7.15% cap rate.

Multi Family Home for sale in 99208, WA:

Welcome to 603 W Augusta Ave, Units 601 & 601 1/2—a recently remodeled triplex with a strong rental history and excellent occupancy since 2021. The property features a 2-bedroom house with in-unit laundry, plus an attached duplex addition fronting Howard Street that includes a 2-bedroom unit and a studio. The property has benefited from consistent tenant demand, with tenants renewing annually. Each tenant pays their own electricity, helping keep operating expenses manageable. Recent improvements include a new roof, new siding on the additional structure, new flooring and a refrigerator in the studio, and a new hot water tank. Located directly across from North Central High Schoo

Multi Family Home for sale in 99208, WA:

Phenomenal investment opportunity moments from Whitworth University in North Spokane. One duplex in a larger portfolio of 5 duplexes inclusive of 44 bedrooms across the ten rental units grossing an average of $20,000/month. Rarely does an active portfolio like this become available in such a desirable rental location. This is a prime candidate for reinvestment of 1031 money in today's market, as the market is prime for continuing gains in property value and rental increases under new management and as the university term resets. Call today for more information!

Multi Family Home for sale in 99208, WA:

Three-unit income property just north of Gonzaga University with immediate rental income, and a VA assumable loan at just 4.99%. VA-eligible buyers may be able to assume the existing financing with as little as 0% down. Live in one unit while the other two help pay the mortgage, or rent all three with potential cash flow of $1,000+/month. Current rental amount totals $4100/month. A newer roof and metal siding with newer appliances making maintenance simple. The property includes a 3-bedroom, 2-bath unit, a 2-bedroom, 1-bath unit, and a 1-bedroom, 1-bath unit. Two units have been remodeled, including the main-floor unit with new windows, LVP flooring, fresh paint, and an updated kitchen and

Multi Family Home for sale in 99208, WA:

Great North Spokane duplex in a convenient central location offering consistent rental income with tenants currently in place. Each unit features approximately 750 sq ft with 2 bedrooms, 1 bathroom, in-unit washer/dryer hookups, covered parking, a large fenced yard, and separate storage units under the attached carport. The property has benefited from numerous improvements over the years, including 2026 updates featuring exterior siding repair and painting, partial new flooring, and select new appliances. Other improvements include vinyl windows, updated kitchen countertops, and bathroom updates. A solid investment opportunity with potential for future owner occupancy!

Multi Family Home for sale in 99208, WA:

Investor-ready up/down duplex just off the North Monroe corridor, steps from Elliott's Kitchen and minutes to downtown Spokane. The main-floor unit lives large with 2 bedrooms, 1 bath, and roughly 1,479 sq ft of living space including a partially finished basement; upstairs offers a 1 bed, 1 bath unit with a bonus room area — ideal for a home office or flex space. Both units are tenant-occupied, so the income starts on day one. Improvements completed since the current owner took over, plus forced-air heat and a 200-amp panel. Outside, a fully fenced 6,000 sq ft lot, detached garage, and classic 1905 character on a quiet block in Emerson-Garfield, served by Garfield Elementary and Nort