Property Details

903 S Adams St
Spokane, WA 99204
$950,000
CBA# 699783 courtesy of CBA Listing firm: LT Real Estate

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903 S Adams St, Spokane

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Commercial
Property Type
5,836
Bldg Sq Ft
9
Units
7.00%
Cap Rate
1917
Year Built

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
Listed By
Ryan Towner
LT Real Estate

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