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.
Listed By
Agency Name: eXp Realty, LLC
Shown By
Agent Name: Mikaela Bentley
Agent Phone: (509) 655-1492
Agency Title: Coldwell Banker Tomlinson
Estimated Payment
$ 1,336.49 per month $945.87 Principal & Interest $266.67 Property Tax $123.96 Homeowner's Insurance
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.