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1307 E Mission Ave, Spokane, WA 99202

$425,000
  • 1307 E Mission Ave, Spokane, WA 99202 Main Photo

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New to the Market Active
BEDS0 BATHS SQUARE FEET2,053 MLS#202614654
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLSpokane Dist 81

Property Description

Directly across from Mission Park and just steps from Gonzaga University, this classic brick investment property sits in one of Spokanes most consistent and in-demand rental locations. With campus, recreation, and neighborhood amenities all within easy reach, its ideally positioned for long-term tenant appeal. The home offers a functional six-bedroom layout with three bedrooms upstairs and three downstairs?well-suited for student housing or shared living. Solid brick construction adds lasting durability and timeless character, while the unbeatable proximity to Gonzaga ensures strong, reliable demand year after year. Currently leased through May 2027 at $3,000 per month, this is a true turnkey investment with immediate income. Tenants pay all utilities and landscaping, contributing to a low-maintenance ownership experience, and a strong 7.1% cap rate. An exceptional opportunity to own a stable, income-producing property just moments from Gonzagas campus.

1307 E Mission Ave | MLS# 202614654

This multi-family property located at 1307 E Mission Ave, Spokane, WA 99202 is currently listed for sale with an asking price of $425,000. E Mission Ave is located within the Spokane Dist 81 school district. Search Spokane real estate on www.mikaelabentleywa.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Full, Finished, Rec/Family Area
Basement: Yes
Garage: 2
Lot Size: 0.20 Acres
Roof Type: Composition
Taxes: $3,200
Year Built: 1960

Feature Descriptions

Association Amenities: None
Exterior: Brick
Fireplace: Masonry
Heating/Cooling: Natural Gas, Forced Air
Lot: Fencing, Sprinkler - Automatic, Level, Corner Lot, City Bus (w/in 6 blks)
Parcel#: 35084.4114
Parking: Detached, Off Site, Alley Access
Special View Info: Park/Greenbelt
SQ. FT. Total: 2053

Local Schools

High School: North Central
Middle School: Yasuhara
Elementary School: Logan
School District: Spokane Dist 81

Listed By / Shown By

Listed By

Agency Name: eXp Realty, LLC

Shown By

Agent Name: Mikaela Bentley
Agent Phone: (509) 655-1492
Agency Title: Coldwell Banker Tomlinson

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Estimated Payment

$ 1,336.49 per month $945.87 Principal & Interest $266.67 Property Tax $123.96 Homeowner's Insurance

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