INVESTORS should be interested in this 9-UNIT INCOME PROPERTY. Location is everything and this property is one mile or less from Gonzaga University, grocery stores, restaurants, pubs, parks, Centennial Trail, and more. This property consists of three side-by-side buildings, each with 3 units; and each with two 2 bedrooms and 1 bathroom and one 1 bedroom and 1 bathroom configurations. Each unit has its own unique floor plan. Most units have been refreshed with the changeover of tenants. There are three 3-car carports with newer roofs. And in March 2025 all three buildings’ exteriors were refurbished and painted including adding a no-slip surface applied on the painted stairs. All 9 units are occupied. Monthly Gross Rents are $10,215. Owner pays Electricity & Gas ($199/mo); Water, Sewer & Garbage ($707/mo). New property management as of 1/1/25 have had a very positive impact on this property’s operations and profitability. These three buildings may also be sold individually for $333,000 each.
Pending
$988,500
2516 N Nevada St #2518-2520-2534, Spokane, WA 99207
45beds
27baths
5,850sqft
Est.:
Multi Family
Built in 1937
-- sqft lot
$-- Zestimate®
$169/sqft
$-- HOA
What's special
Side-by-side buildingsUnique floor planNewer roofs
- 34 days
- on Zillow |
- 252 |
- 17 |
Zillow last checked: 7 hours ago
Listing updated: April 28, 2025 at 07:21am
Listed by:
Rich King 509-703-8187,
Keller Williams Spokane - Main
Source: SMLS,MLS#: 202514751

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 45
- Bathrooms: 27
Dining room
- Description: Kit Eat Sp
Heating
- Electric, Baseboard
Appliances
- Included: Free-Standing Range, Dishwasher, Refrigerator
Features
- Windows: Windows Vinyl, Multi Pane Windows
- Basement: Partial
- Has fireplace: No
Interior area
- Total structure area: 5,850
- Total interior livable area: 5,850 sqft
Video & virtual tour
Property
Parking
- Total spaces: 9
- Parking features: Carport, Off Site
- Has carport: Yes
Features
- Levels: Two
- Stories: 2
Lot
- Size: 0.46 Acres
- Features: Sprinkler - Automatic, Level, Corner Lot, Oversized Lot
Details
- Additional parcels included: 35081.4315 / 35081.4316
- Parcel number: 35081.4314
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Contemporary
- Property subtype: Multi Family
Materials
- Wood Siding
- Roof: Composition
Condition
- Year built: 1937
Community & HOA
HOA
- Amenities included: Laundry
Location
- Region: Spokane
Financial & listing details
- Price per square foot: $169/sqft
- Annual tax amount: $9,344
- Date on market: 4/10/2025
- Listing terms: Conventional,Cash
- Road surface type: Paved
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