Property Details
6615 N Atlantic Street
Spokane, WA 99208
$1,650,000
Active
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Property Overview
Atlantic is a well-maintained, value-add apartment building in North Spokane located just 0.9 miles from Providence Hospital and 2.4 miles from Whitworth University. The property features majority two-bedroom units with desirable amenities including air conditioning, covered parking, large kitchens, and a central courtyard. Located near jobs, shopping, schools, and parks, this is an ideal investment with current rents within 10% of market rates.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Spokane
Neighborhood
Spokane
Listed
Oct 23, 2025
Financial Summary
Cap Rate
6.90%
Net Operating Income
$113,424
Gross Scheduled Income
$182,427
Gross Rent Multiplier
9.00
Total Expenses
$69,002
Building & Use
Building Sq Ft
13,500
Leasable Area
8,780 sqft
Total Units
2
Lot Size
23,039 sqft
Year Built
1966
Exterior & Lot
Lot Size
0.53 sqft
Year Built
1966
Exterior Materials
Brick
Sewer
Sewer Connected
Water Source
Public
Lot Features
Curbs, Paved, Sidewalk
Exterior Features
Brick
Location
City
Spokane
County
Spokane
Coordinates
47.71804, -117.41295
Additional Information
Tax Year
2025
Annual Taxes
$12,971
Possession
Array
Based on information submitted to the MLS GRID as of April 25, 2026 5:11 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
