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Size: 0.16 Acres
Type: House

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0.16 Acres in Spokane, WA - $445,000

4-PLEX in CANNON HILL! The unit count comprises of 2-One Bedroom, and 2-Studio apartments, creating an investment opportunity for owner-occupied financing; AND through the Spokane Historic Preservation Office, qualifies for the Special Valuation Tax Incentive. Projected 6.5% - 7% untrended cap rate. Permitted from residence to apartments in conjunction with the Federal Government to provide housing for troops returning from WWII. 3-D tour available on Zillow. Not only is this an unbeatable location near parks, bluff trails, South Hill and Downtown amenities, it's a great addition to any investment portfolio!

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Source:First Street

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Source: Century 21, MLS# 202526141
Listing last updated: January 29, 2026 at 9:37 PM
Listing last checked: January 29, 2026 at 9:30 PM
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