803 W Knox Ave, Spokane, WA 99205

$755,000

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List Price
$755,000
MLS#
202617284
Property Sub-Type
Residential Income
Current MLS Listing Sale Status
Active
Financing Terms
FHA, Conventional, Cash
City
Spokane
Acres
0.14

Property Description

Investor or owner-occupant opportunity featuring a centrally located fourplex with strong rental history and modern finishes throughout. Offering excellent income potential and long-term appeal. Each unit features approximately 1,100 SF with open-concept layouts, 9-foot ceilings, 2 bedrooms, and 1.5 bathrooms. Interior finishes include LVP flooring, updated cabinetry, stainless steel appliances, modern fixtures, in-unit laundry, and updated windows. Off-street parking adds additional convenience for tenants and owners alike. With attractive floor plans, newer construction, and consistent rental performance, this property presents an excellent opportunity for investors or owner-occupants. Gross Monthly Income: $5,650. NOI: $52,654.70. Cap Rate: 7%. Potential to package 1511-1517 W Euclid Ave and 8705 N Colton St for expanded investment opportunity.

Additional Information

Year Built
2009
MLS Area/Grid
NW Urban N I-90
MLS Area/Grid Number
A330/019
Parcel Number
35073.1306
School District
Spokane Dist 81
Elementary School
Garfield
Middle School
Yasuhara
High School
North Central
Home Amenities
None
Basement
None
Heating/Cooling
Forced Air
Roof Style
Composition
Frontage
City Street, Paved Road
Acres MOL
0.14
Lot Size
6,098
Property Sub-Type
Residential Income

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Calculator source: Real Geeks

Listing courtesy of SARMLS / LT Real Estate

Listings last updated . All information provided is deemed reliable but is not guaranteed and should be independently verified.