Property Details
2327 E 29th Ave
Spokane, WA 99223
$685,000
Available
CBA# 715813 courtesy of CBA
Listing firm: SVN Cornerstone LLC
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Property Overview
SVN Cornerstone is pleased to present the 29th Ave Fourplex for sale located at 2327 E 29th Ave in Spokane's desirable Rockwood neighborhood. The property consists of four residential units and features numerous recent improvements, including new LVP flooring in three units, updated kitchen cabinets in two units, in unit laundry in two units, and enhanced landscaping. The property offers investors a well maintained asset in one of Spokane's most established neighborhoods with strong rental demand and excellent long term investment potential.Highlights – Residential Financing – Lower down payments, longer amortization periods, and faster closings compared to typical commercial loans.- Owner Occupant Potential – Two month to month leases create the potential for owner occupied financing with as little as 5% down, subject to providing proper notice and lender occupancy requirements.- Prime South Hill Location – Desirable Rockwood neighborhood near Manito Park, shopping, dining, downtown Spokane, and major employers.- Recent Updates – Recent improvements include LVP flooring, updated kitchen cabinets, landscaping, and in unit laundry.- Proven Rental Upside – Well maintained property with covered carports, on site storage, straightforward management, and proven upside in rents.
Property Details
Property Information
Property Type
Commercial Sale
Status
Available
County
Spokane
Listed
Jul 28, 2026
Financial Summary
Cap Rate
5.00%
Building & Use
Building Sq Ft
3,516
Total Units
4
Zoning
RMF
Possible Use
Multi-Family
Year Built
1978
Exterior & Lot
Year Built
1978
Location
City
Spokane
County
Spokane
Coordinates
47.62850, -117.37700
