The Standard Street Oasis Apartments are a 20 unit apartment complex in a gated community conveniently located in North Spokane with easy access to restaurants, shopping centers, schools and more. The property offers (10) 3BD/1BA units, (10) 2BD/1BA units, 20 covered parking carports, a beautifully landscaped courtyard, and brand new electric security gate. The apartments feature modern interiors (15) units remodeled with new flooring, windows, cabinets, counters, appliances, paint, water heaters, lights, doors, and 5 feature in unit washer/dryer, complemented by common laundry area. Roofs were replaced in 2016 and the building features Cutler-Hammer electrical panels with aluminum wiring (while wiring remains original, outlets and light switches have been updated). There is the ability to easily rent owner’s unit and the option to convert a former rec room into an additional apartment, for a total of 22 rentable units. This prime Spokane location will ensure consistent rental demand.

We are pleased to present the Howard Building for sale at 224 S Howard St in Downtown Spokane. This property offers 40 apartment units, 2 retail suites (one occupied by The Blessed Express Barbershop, one vacant) Significant Capital Improvements – Extensive upgrades include fresh paint, new flooring, updated bathrooms, modern light fixtures, and partial furnishings. Diverse Income Stream – 40 apartments and 2 ground-floor retail suites provide balanced residential and commercial revenue. Resident Amenities – Tenants enjoy shared laundry, communal space, and enhanced security in a walkable downtown location near dining, shopping, entertainment, third-party parking, and transit. Value-Add Potential – Lease the vacant retail suite, activate the basement, and optimize operations for increased NOI. Attractive Assumable Loan – Seller financing via an assumable note at 4.65% interest-only, maturing January 2028, with 24-month extension option.

This property is ideally situated in the vibrant Monroe District near variety of amenities, including schools, restaurants, shopping, entertainment, and parks, making it an ideal location for developers, investors, and residents. Three contiguous parcels, including two triplexes and one corner lot. Six total 1 bed/1 bath units across the two triplexes. Current rental income totals $5,150/month. Redevelopment opportunity with flexible CC2-DC zoning. Total land size is 0.43 acres or 18,731 SF. Available for sale or joint venture partnership. Seller financing available with 20% down payment and a 5 year term.

Pleased to present the Union Apartments for sale. A low-maintenance, value-add apartment building with strong upside potential. The property includes eight 1-BD/1BA units, onsite laundry, yard area, and dedicated parking for each unit plus additional street parking. Competitive price point at $111,875 per unit, this asset outperforms market comps with an average of $128,073 per unit. Upside potential, opportunity to increase rents by 3.32% to market rates with as-is unit interiors offering strong immediate and long term income potential w/ 6.20% pro forma cap rate. Located in Chief Garry Park, this property offers quick access to Downtown Spokane and Feltz field, making it a desirable rental spot. Valuable amenities include onsite laundry and dedicated parking for each unit to enhance tenant satisfaction & retention. 1BD/1BA units are in strong demand, appealing to singles, couples, and professionals which supports steady occupancy and income!

This ideal location near Mission park is perfect for homeowners and tenants alike. With ample space, you can bring all your extra vehicles, toys, trailers, RVs, and more. Each unit can accommodate up to six vehicles! The layout is universally appealing, featuring a living space on the main floor and bedrooms upstairs. Enjoy the open kitchen/living room layout, bathed in sunlight, and access to the spacious backyard. The primary bedroom upstairs has its own bathroom, while two additional bedrooms and an office/flex space provide additional living space.

The Hogan Apartments! Low-maintenance, value-add building with strong upside potential. The property includes six 1BD/1BA units, onsite laundry, and dedicated parking for each unit plus street parking. Competitive price point offered at $110,000/unit with a 6.40% cap rate, this asset outperforms market comps averaging $128,073/unit and a 6.07% cap rate. Stabilized Asset – With rents already at market rates, this turnkey property is already cash flowing. Light renovations include: New flooring, paint, and windows across units, reducing upfront capital needs. Situated in the Logan neighborhood, residents benefit from quick access to Gonzaga Prep High School, Gonzaga University, Spokane Community College, Downtown Spokane, and major transit routes. Features like onsite laundry and dedicated parking for each unit boost tenant satisfaction and improve retention. Strong rental demand. The 1 BD/1BA layouts are ideal for singles, couples, & professionals, ensuring consistent occupancy and long-term stability.

Value-add nine-unit apartment building in the West Central neighborhood of Spokane. The property includes six 1 bedroom 1 bathroom units, three studio units, and two storage sheds. Attractive pricing below comparable sales offers immediate equity potential. Select units updated with new flooring and fresh paint. Strong upside remains through further renovations including new cabinets, countertops, appliances, in-unit laundry, windows and doors. Brand new heat boiler ensures efficient heating and tenant comfort. Features timeless architectural charm, enhancing tenant appeal and marketability. R2 zoning allows for redevelopment of site with no maximum number of units provided all other development requirements are met.

Updated Valley duplex in desirable central location. Perfect for owner occupied or investor looking to expand their portfolio. Main floor has 3 bedrooms, 1 baths and 2,066 sq ft of living space. Basement unit is a 2 bedroom, 1 bath with 1,086 sq feet of living space.