Property Details

1818 W 8th Ave
Spokane, WA 99204
$1,050,000
CBA# 702083 courtesy of CBA Listing firm: LT Real Estate

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1818 W 8th Ave, Spokane

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Commercial
Property Type
10,548
Bldg Sq Ft
10
Units
7.00%
Cap Rate
1910
Year Built

Property Overview

From the front, this classic 120-year-old gem showcases timeless old-world charm with hardwood floors, a masonry fireplace, chandeliers, and spacious rooms. In the back, you’ll find modern apartments with ideal floor plans and extra storage. Tenants here tend to stay long-term, thanks to the comfortable, home-like feel these apartments offer.Previously, floor plans were drawn for two additional medium-sized ground-level units, featuring egress windows and partial plumbing, gas, and electrical—some of which are already in a finished space. This area is now primed for potential development.The property also includes additional potential rental income of $750/month from 7.5 garage stalls currently rented as mini-storage.- 8 – 1 Bed Units, 1- 3 Bed Unit, 1- 2 Bed Unit- On Site Laundry Facilities- 7 Garages for Extra Income- Recent Unit Updates & Architectural Charm- Walking Distance to Restaurants, Shopping & Parks- Parcel # 25244.4511

Property Details

Property Information

Property Type Commercial Sale
Status Pending
County Spokane
Listed Jun 26, 2026

Financial Summary

Cap Rate 7.00%

Building & Use

Building Sq Ft 10,548
Leasable Area 10,548 sqft
Total Units 10
Zoning RMF
Possible Use Multi-Family
Year Built 1910

Exterior & Lot

Year Built 1910

Location

City Spokane
County Spokane
Coordinates 47.64870, -117.44000
Listed By
Ryan Towner
LT Real Estate

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