Property Details
822 E Baldwin Ave
Spokane, WA 99207
$750,000
Available
CBA# 710076 courtesy of CBA
Listing firm: Black Commercial, Inc.
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Property Overview
Excellent opportunity to acquire a well-located 7-unit apartment property just minutes from Gonzaga University in Spokane, Washington. This attractive multifamily asset sits in one of Spokane’s most consistent rental markets, benefiting from strong demand driven by the university, nearby medical centers, and downtown employment.The property offers a desirable unit mix ideal for student housing or workforce tenants, with easy access to campus, downtown Spokane, restaurants, shopping, and public transportation. Its proximity to Gonzaga makes it highly appealing to students, faculty, and young professionals seeking convenient housing close to the university.Investors will appreciate the steady rental demand in this submarket and the potential for future rent growth. The property provides an opportunity for both stable cash flow and long-term appreciation in a location where multifamily inventory remains limited.Whether you are looking to expand your multifamily portfolio or secure a well-positioned asset in one of Spokane’s most reliable rental corridors, this 7-unit property offers a compelling combination of location, demand, and investment potential.
Property Details
Property Information
Property Type
Commercial Sale
Status
Available
County
Spokane
Listed
Aug 3, 2026
Financial Summary
Cap Rate
6.00%
Building & Use
Building Sq Ft
4,466
Total Units
7
Zoning
CC1
Possible Use
Multi-Family
Year Built
1961
Exterior & Lot
Year Built
1961
Location
City
Spokane
County
Spokane
Coordinates
47.67550, -117.39700
