Back to search
418 E Mission Avenue Spokane, WA $ 895,000
Share Save
$ 895,000 Get more info
418 E Mission Avenue
$ 895,000
Back to search
Share Save

418 E Mission Avenue

Spokane, WA, 99202
$ 895,000
Baths0.0 Sq 6,000

Monthly Estimate*

$ 6,252

Listed by Kidder Mathews
418 E Mission Avenue, Spokane, WA 99202 - Image 1
418 E Mission Avenue, Spokane, WA 99202 - Image 2
418 E Mission Avenue, Spokane, WA 99202 - Image 3
418 E Mission Avenue, Spokane, WA 99202 - Image 4
418 E Mission Avenue, Spokane, WA 99202 - Image 5
418 E Mission Avenue, Spokane, WA 99202 - Image 6
418 E Mission Avenue, Spokane, WA 99202 - Image 7
418 E Mission Avenue, Spokane, WA 99202 - Image 8
418 E Mission Avenue, Spokane, WA 99202 - Image 9
418 E Mission Avenue, Spokane, WA 99202 - Image 10
418 E Mission Avenue, Spokane, WA 99202 - Image 11
418 E Mission Avenue, Spokane, WA 99202 - Image 12
418 E Mission Avenue, Spokane, WA 99202 - Image 13
418 E Mission Avenue, Spokane, WA 99202 - Image 14
418 E Mission Avenue, Spokane, WA 99202 - Image 15
View a Virtual Tour
Studio

Multi-Family Home for sale in Spokane, WA

for $895,000. This 6,000 square foot home was built in 1905 on a lot size of 0.163.

Great 15 bedroom student rooming house opportunity. Located in Spokane’s highly desired University District with majority of building systems updated or replaced. Situated just two blocks from Gonzaga University and within 1-mile of 6 higher education institutions, investors are well positioned to take advantage of Spokane’s growing student rental demand. Being one of the largest rooming houses in the University District, buyers will have multiple renting & leasing options including renting the building on a group lease, renting rooms individually, or renting the building as an Airbnb. The building is currently vacant, giving buyers the opportunity to fill and rent before the 24 school year. FINANCIALS ARE PROFORMA

See more
Multi-Family Pending

Price

$ 895,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 7,304

Style

10+ Units

Lot Size

0.163

Year Built

1905

Town/City

Spokane

County/Region

Spokane

MLS | Web ID

2209356
Features
General
Sewer Sewer Connected
Heating Baseboard
Cooling Central A/C
Possession Closing
Roof Composition
Exterior Features Wood
HOA 0
Year Built 1905
View City Mountain(s)
Property SubType Multi-Family
Tax Year 2024
County Spokane
Net Operating Income 74060
Insurance Expense 1586
New Construction N
Property Type Residential Income
HOA / Comm Assn N
Subdivision Name Spokane
Possible Use Multi-Family Residential
Special Listing Conditions None
Status Pending
Directions 418 E Mission Ave Spokane WA 99202
City Spokane
Buyer Agent Compensation 2
View Y/N Y
Senior Community Y/N N
High School District Spokane
Open Parking Spaces 5
Total Units 1
MLS Area 561 - Spokane County
Lot Size Square Feet 7100
Waterfront Y/N N
Carport Spaces 0
Carport Y/N N
Street Name Mission
Listing Terms Cash Out Conventional
Tax Annual Amount 7304
Electric Expense 0
Fuel Expense 0
Property Condition Good
Public Remarks Great 15 bedroom student rooming house opportunity. Located in Spokane’s highly desired University District with majority of building systems updated or replaced. Situated just two blocks from Gonza
Leasable Area 6000
Virtual Tour https://simonandersonteam.com/listings/gonzaga-15-bedroom/
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Pending
Amenities Basement Storage
Water Company City of Spokane
Units Below Grade false
Units In Building Total 5
Zoning Class Multi-Family Residential
Water Sewer Garbage 0
Property Style 56 - 10+ Units
Cap Rate 8.3
See more
Exterior
Lot Features Curbs Paved Sidewalk
Water Source Public
Total Parking 5
Foundation Details Poured Concrete
Building Area Total 6000
Lot Dimensions 7100
Lot Size Acres 0.163
Lot Size Units Square Feet
Covered Spaces 0
Open Parking Y/N Y
Irrigation Water Rights Y/N N
Site Features Patio
Parking Uncovered Spaces 5
See more
Interior
Total Stories 3
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Street Suffix Avenue
Living Area Units Square Feet
Power Production Type Electric
See more
Internal Only
OriginalMLSID NWM2209356
Street Number 1 418
See more
* Excluded Features
List By
Winslow Lee

Listing Agent

Kidder Mathews

Broker

Affordability Calculator

$6,861
Per Month
91%
9%
0%
Monthly Principal & Interest
$6,252
Monthly Property Taxes
$609
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
256559 Elementary School
258793 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/12/2024$895,000 Listed Price

Map

More homes like this one

homes for you

See all
See all

418 E Mission Avenue, Spokane, WA, 99202 is a Multi-Family Home for sale at $895,000 with 6,000 sqft and a lot size of 0.163. 418 E Mission Avenue is a studio with 0.0 baths and was built in 1905. The property's zip code is 99202 which is in Spokane, WA

Get more info