Property Details
903 S Adams St
Spokane, WA 99204
$950,000
Pending
CBA# 699783 courtesy of CBA
Listing firm: LT Real Estate
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Property Overview
Step into a rare investment opportunity with this historic Tudor mansion—formerly the Martin Woldson mansion—now transformed into a high-performing multifamily asset. This iconic property includes 7 one-bedroom units, 1 spacious two-bedroom unit, and 1 charming studio.Inside, residents enjoy vaulted 9-foot ceilings on the main and top floors, adding grandeur and openness to each unit. On-site laundry facilities provide added convenience, and the character-rich architecture offers timeless curb appeal and tenant retention.This is more than just a rental—it's a chance to own a piece of Spokane’s history while benefiting from stable cash flow and future upside.
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
5,836
Total Units
9
Zoning
RMF
Possible Use
Multi-Family
Year Built
1917
Exterior & Lot
Year Built
1917
Location
City
Spokane
County
Spokane
Coordinates
47.64710, -117.43100
