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2516-2518,2520,2522, N Nevada St

Spokane, WA 99207
  • $988,500
  • STATUS: Active
  • ON SITE: 16 Days
  • ID#: 202514751
UPDATED: 54 min ago
$988,500
  • 0
    BEDS
  • 0.46
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,850
    SQFT
  • $169
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1937
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

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.

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© 2025 of Spokane Association of REALTORS­® MLS. All rights reserved. Listing information courtesy of Spokane Association of REALTORS­® MLS. IDX data is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the SARMLS. Data last updated 2025-04-27T21:20:44.837.
www.teambrownrealty.com/homes/162438180
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2516-2518,2520,2522, N Nevada St Spokane, WA 99207

  • Price: $988,500
  • Status: Active
  • On Site: 16 Days
  • Updated: 54 min ago
  • ID#: 202514751
0
Beds
0
Baths
0
½ Baths
0.46
Acres
5,850
SQFT
$169
$/SQFT
1937
Built
Neighborhood:
A340/025
County:
Spokane
Area:
A340/025
Elementary School:
Logan
Middle School:
Yasuhara
High School:
North Central
School District:
Spokane Dist 81
Property Description
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.
Exterior Features

Architectural Style Contemporary Construction Materials Wood Lot Features Sprinkler - AutomaticLevelCorner LotOversized Lot Parking Features CarportOff Site Parking Total 9 Road Frontage Type City StreetPaved Road Roof Composition Shingle

Interior Features

Additional Dining Features Kit Eat Sp Appliances Free-Standing RangeDishwasherRefrigerator Basement Partial Basement YN Yes Heating ElectricBaseboard Interior Features Windows VinylMulti Pn Wn

Property Features

Additional Parcels YN Yes Association Amenities Laundry Building Area Total 5850 Electric Breakers Listing Terms ConventionalCash Lot Size Length 132 Lot Size Width 150 Property Sub Type Rental Structure Type Two Story Tax Annual Amount 9344

Listing provided courtesy of Keller Williams Spokane - Main: .


© 2025 of Spokane Association of REALTORS­® MLS. All rights reserved. Listing information courtesy of Spokane Association of REALTORS­® MLS. IDX data is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the SARMLS. Data last updated 2025-04-27T21:20:44.837.
 
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