1816 West 7th Avenue, Unit 1818 1820 1822 1824 1826

Spokane, WA 99204

$1,500,000
Price
6
Beds
2
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

ATTENTION INVESTORS: Priced at a 5.5% Cap Rate. Discover an exceptional investment opportunity with this modern 6-unit apartment complex built in 2011. Each spacious unit offers 3 bedrooms, 1.5 bathrooms, and approximately 1,300 sq. ft. of living space. Amenities include wall air conditioning, a single-car garage, and a laundry room with hook-ups. Most units have been recently updated, ensuring a fresh, clean living experience. All 6 units are fully occupied, providing immediate rental income. Conveniently...ATTENTION INVESTORS: Priced at a 5.5% Cap Rate. Discover an exceptional investment opportunity with this modern 6-unit apartment complex built in 2011. Each spacious unit offers 3 bedrooms, 1.5 bathrooms, and approximately 1,300 sq. ft. of living space. Amenities include wall air conditioning, a single-car garage, and a laundry room with hook-ups. Most units have been recently updated, ensuring a fresh, clean living experience. All 6 units are fully occupied, providing immediate rental income. Conveniently located within walking or biking distance to multiple hospitals and clinics, with quick access to I-90, this property is perfect for professionals and families alike. Don’t miss this turnkey investment! Call today for more information.
  1. Listed by Rich King • Keller Williams Spokane - Main

Property Details for 1816 West 7th Avenue, Unit 1818 1820 1822 1824 1826

Parking Features
Under Building, Off Site
Architectural Style
Contemporary
LISTING UPDATED: 12/24/2024 07:29 AM

Property Details for 1816 West 7th Avenue, Unit 1818 1820 1822 1824 1826

StatusNew
MLS #202426661
Days on MarketListed Today
Taxes$12,074 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Rental
Year Built2011
Lot Size0.24 AC / 10,500 SF
CountySpokane County

Virtual Tour

Building Information for 1816 West 7th Avenue, Unit 1818 1820 1822 1824 1826

Building/Complex1816 W 7th AveFloor-Stories2Residences6Pet Policy-Year Built2011Building Size-Lot Size0.24 AC / 10,500 SF

Property Information for 1816 West 7th Avenue, Unit 1818 1820 1822 1824 1826

Summary
Location and General Information
  • County Or Parish: Spokane
  • Longitude: -117.44
  • Directions: From I-90 take Maple St Exit and head North on Maple St. Turn Right on W 7th Ave for 2.5 blocks. Property on the right.
  • Township: 25
  • Class: Rental Income
  • Latitude: 47.65
Taxes and HOA
  • Tax Annual Amount: $12,074.00
  • Additional Parcels: No
  • Parcel Number: 25244.2810
Parking
  • Garage Spaces: 6.00
Virtual Tour
School Information
  • Middle Or Junior School: Sacajawea
Property
Lot Information
  • Lot Features: Views, Hillside, City Bus (w/in 6 blks), Oversized Lot
  • Lot Size Acres: 0.24
  • Lot Size Square Feet: 10500.0
Property and Assessments
  • Construction Materials: Fiber Cement
  • 1031 Exchange: Yes
  • Bank Approved: No
  • FIPS: 53063
  • Year Built: 2011
  • First Photo Additional Detail: 2024-12-24T15:27:27.6
Utilities
  • High Speed Internet: Yes
Interior and Exterior Features
Exterior Features
  • Association Amenities: None
  • Area: A220/040
  • Structure Type: Two Story
  • Road Frontage Type: Paved Road, City Street
  • Roof: Composition Shingle
  • View: City
Interior Features
  • Basement: No
  • Heating: Electric, Ductless
  • Appliances: Free-Standing Range, Dishwasher, Refrigerator, Microwave
  • Basement: Crawl Space
  • Stories: 2
  • Interior Features: Utility Room, Natural Woodwork, Windows Vinyl, Multi Pn Wn
Room Information
Dining Room
  • Dining Room: Informal
Family Room
  • Family/Recreation Room: 1st Flr
Unit Information
Unit Information
  • Number Of Units Total: 6
Unit 1
  • Approx Square Feet: 1300
  • Baths Total: 2
  • Beds Total: 3
  • Type: Unit A
  • Units Total: 3
Unit 2
  • Approx Square Feet: 1300
  • Baths Total: 2
  • Beds Total: 3
  • Type: Unit B
  • Units Total: 3
Rental
Rental Information
  • Occupant Type: Tenant

Property History for 1816 West 7th Avenue, Unit 1818 1820 1822 1824 1826

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1816 West 7th Avenue, Unit 1818 1820 1822 1824 1826

This home is within Spokane School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Public - PK to 12
Rating
School
Distance
Roosevelt Elementary School
PublicPK to 6

Sacajawea Middle School
Public7 to 8

Lewis & Clark High School
Public9 to 12

Bryant Center
PublicPK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1816 West 7th Avenue, Unit 1818 1820 1822 1824 1826 is a multi-family home for sale in Spokane, WA 99204. This listing's school district is Spokane School District. Nearby schools include Roosevelt Elementary School, Sacajawea Middle School and Lewis & Clark High School. 1816 West 7th Avenue, Unit 1818 1820 1822 1824 1826 is a 6-bed, 2-bath, multi-family home built in 2011.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Spokane - Main

The information is being provided by Coeur d’Alene Multiple Listing Service and Spokane Association of REALTORS. Information deemed reliable but not guaranteed. Information is provided for consumers’ personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 Coeur d’Alene Multiple Listing Service and Spokane Association of REALTORS. All Rights Reserved.