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(509) 921-2121
Crane Real Estate Group
1829 W 6th Ave, Spokane, WA 99204
- $210,000
- 3
- BD
- 1
- BA
- 936
- SqFt
- Sold Price
- $210,000
- Closing Date
- Jul 22, 2026
- MLS#
- 202615277
- Property Sub-Type
- Single Family Residence
- Current MLS Listing Sale Status
- Sold
- Financing Terms
- Conventional, Cash, Owner Financing
- City
- Spokane
- Acres
- 0.10
Property Description
7.6% CAP RATE POTENTIAL. High-performance investment opportunity in Spokane’s desirable Cliff-Cannon neighborhood! This 3-bedroom, 1-bath cottage is perfectly positioned for the medical professional tenant pool, just minutes from the hospital district and Downtown core. Pro-forma market rent is estimated at $2,100/mo, delivering a projected 7.6% cap rate at the $235,000 price point. Delivered fully vacant, this property allows a new owner to establish a fresh market-rate baseline under 2026 rent stabilization guidelines. Featuring a newer roof, fresh exterior paint, and a compact, low-maintenance footprint, this asset is designed for consistent occupancy and high yield. Ideally situated in a resilient rental sub-market with historically low vacancy. Buyer to verify all financial projections, square footage, and local rental regulations.
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Additional Information
- Bedrooms
- 3
- Bathrooms
- 1
- Year Built
- 1954
- MLS Area/Grid
- SW Urban S I-90
- MLS Area/Grid Number
- A220/040
- Parcel Number
- 25241.5018
- Property Taxes
- $2,404
- School District
- Spokane Dist 81
- Features
- 200 AMP
- Home Total Sq Ft
- 936
- Basement
- Crawl Space
- Heating/Cooling
- Electric, Ductless
- Style
- Ranch
- Roof Style
- Composition
- Frontage
- City Street, Paved Road
- Acres MOL
- 0.1
- Lot Size
- 4,205
- Lot Information
- Fencing, Level
- Property Sub-Type
- Single Family Residence
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Listing courtesy of SARMLS / Epique Realty
Selling Office: .Listings last updated . All information provided is deemed reliable but is not guaranteed and should be independently verified.