1332 W Garland Avenue Spokane, WA $ 1,300,000
1332 W Garland Avenue
$ 1,300,000
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1332 W Garland Avenue

Spokane, WA, 99205
$ 1,300,000
Bedrooms15 Baths9.0 Sq 6,570

Monthly Estimate*

$ 8,208

Listed by The Paragon Group
1332 W Garland Avenue, Spokane, WA 99205 - Image 1
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Multi-Family Home for sale in Spokane, WA

for $1,300,000 with 15 bedrooms and 9 full baths. This 6,570 square foot home was built in 1973 on a lot size of 0.4241.

3906-3912 N Cedar St & 1332-1336 W Garland Ave offers three triplexes on three parcels in Spokane’s Garland District. The 9-unit portfolio has already benefited from meaningful ownership investment, including renovated interiors in 6 of 9 units, and major CapEx such as new roofs and windows. With stabilized performance and proven rent growth on renovated units, the portfolio offers dependable in-place income with additional upside remaining. The remaining upside is straightforward and achievable. As long-term tenants naturally vacate, select units can be renovated to match the quality of the completed interiors, allowing rents to continue moving toward proven renovated unit levels. This creates a clear path to incremental cash flow growth while preserving the portfolio’s stabilized performance. Located in the heart of the Garland District, the portfolio benefits from one of Spokane’s most recognizable neighborhood corridors. Known for its historic theater, local restaurants, shops, pubs, and neighborhood character, Garland provides tenants with a walkable, amenity-rich setting while remaining close to Spokane’s broader employment and commercial centers. Continued reinvestment in the district has strengthened its appeal, making the location a clear positive for long-term tenant demand.

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Multi-Family Active

Price

$ 1,300,000

Bedrooms

15

Full Bath

9

Property Type

Multi-Family

Taxes

$ 7,904

Style

Tri-plex

Lot Size

0.4241

Year Built

1973

Town/City

Spokane

County/Region

Spokane

MLS | Web ID

2562100

Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard
Cooling Window Unit(s)
Possession Closing
Roof Composition
HOA Fee 0
Garage Spaces 0
Year Built 1973
Property Subtype Multi Family
Tax Year 2026
County Spokane
Net Operating Income 78489
Insurance Expense 3800
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Shadle Garland
Possible Use Multi-Family Residential
Special Listing Conditions None
Status Active
Directions From West Garland Avenue turn north on N Cedar Street and the properties are on your right.
High School North Central High
City Spokane
Senior Community Y/N N
High School District Spokane
Zoning Description Multi-Family Residential
Number Of Units Total 9
MLS Area 561 - Spokane County
Lot Size Units Square Feet
Lot Size Square Feet 18474
Carport Spaces 9
Carport Y/N N
Listing Terms Conventional
Elementary School Willard Elem
Tax Annual Amount 7904
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Glover Mid
Property Condition Good
Public Remarks 3906-3912 N Cedar St & 1332-1336 W Garland Ave offers three triplexes on three parcels in Spokanes Garland District. The 9-unit portfolio has already benefited from meaningful ownership investment in
Leasable Area 6570
Structure Type Triplex
Building Area Units Square Feet
Standard Status Active
Units Below Grade false
Units In Building Total 9
Water Sewer Garbage 13700
Property Style 53 - Tri-plex
Cap Rate 6.04
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Exterior
Exterior Amenities Brick
Water Source Public
Total Parking 9
Foundation Details Block
Building Area Total 6570
Lot Size Acres 0.4241
Waterfront Y/N N
Covered Spaces 9
Irrigation Water Rights Y/N N
Parking Uncovered Total 0
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Interior
Total Fireplaces 0
Total Stories 1
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2562100
Street Number 1 1332
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* Excluded Features
List By
Peter Clark

Listing Agent

The Paragon Group

Broker

Affordability Calculator

$8,867
Per Month
93%
7%
0%
Monthly Principal & Interest
$8,208
Monthly Property Taxes
$659
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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.
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Nearby
5529443 Elementary School
5529444 Middle School
North Central High High School
Pricing History
DatePricePrice ChangeDescription
7/30/2026$1,300,000 Listed Price

Map


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1332 W Garland Avenue, Spokane, WA, 99205 is a Multi-Family Home for sale at $1,300,000 with 6,570 sqft and a lot size of 0.4241. 1332 W Garland Avenue has 15 bedrooms, 9.0 baths, and was built in 1973. The property's zip code is 99205 which is in Spokane, WA