About 1818 W 8th Ave
Welcome to a prime investment opportunity in a highly desirable location, featuring a well-maintained multi-unit property with architectural charm and consistent cash flow. This income-generating asset includes eight one-bedroom units and two spacious three-bedroom units, and seven garages, bringing in $12,419 per month in rental income. Tenants enjoy the convenience of on-site laundry facilities, while seven individual garages provide additional revenue potential and added value. Several units have been recently updated, blending modern finishes with the building’s timeless character, making them especially appealing to renters seeking both comfort and charm. Located within walking distance to popular restaurants, shopping destinations, and local parks, this property offers the ideal mix of lifestyle and location. Whether you're a seasoned investor or looking to expand your portfolio with a dependable, high-performing asset, this property stands out as a rare opportunity in a sought-after area.
Features of 1818 W 8th Ave
| MLS® # | SAR202515372 |
|---|---|
| Price | $1,465,214 |
| Price Per SqFt | $139 |
| Bathrooms | 0.00 |
| Square Footage | 10,548 |
| Acres | 0.24 |
| Year Built | 1910 |
| Type | Income |
| Sub-Type | Rental |
| Status | Active |
Community Information
| Address | 1818 W 8th Ave |
|---|---|
| Area | A220/040 |
| City | Spokane |
| County | Spokane |
| State | WA |
| Zip Code | 99204 |
Amenities
| Amenities | Laundry |
|---|---|
| Garage Spaces | 4 |
| Garages | Detached, Off Site |
| Is Waterfront | No |
Interior
| Heating | Natural Gas, Electric, Forced Air, Baseboard |
|---|---|
| Fireplace | No |
| # of Stories | 3 |
Exterior
| Roof | Composition |
|---|---|
| Construction | Brick, Wood Siding |
School Information
| District | Spokane Dist 81 |
|---|---|
| Elementary | Roosevelt |
| Middle | Sacajawea |
| High | Lewis & Clark |
Additional Information
| Date Listed | April 21st, 2025 |
|---|---|
| Days on Website | 189 |
Listing Details
| Office | Lt Real Estate |
|---|