Property Details

1414 W 10th Ave

Spokane, WA 99204

$849,000

Available

CBA# 715670 courtesy of CBA Listing firm: The Paragon Group

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Commercial

Property Type

7,249

Bldg Sq Ft

Units

7.00%

Cap Rate

1909

Year Built

Property Overview

10th Avenue Apartments is a seven-unit multifamily property located in Spokane’s historic Cliff/Cannon neighborhood on the lower South Hill. Originally constructed in 1909, the property retains the architectural character and residential appeal associated with the surrounding neighborhood.Four units have already been renovated, establishing a clear improvement standard for the three remaining unrenovated units and providing new ownership with a defined opportunity to increase rental income through targeted interior upgrades. The property offers immediate in-place income, an established tenant base, and a manageable renovation scope that does not require a full repositioning.Its location near downtown Spokane, the Medical District, neighborhood parks, Huckleberry’s Natural Market, and major employment centers supports continued renter demand and provides residents with convenient access to shopping, dining, recreation, and public transportation.