BEDS0
BATHS
SQUARE FEET3,888
MLS#202617413
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLMead
Property Description
Great investment opportunity featuring a fully occupied 4-plex in North Spokane within the sought-after Mead School District. Offering strong rental history, immediate income, and future upside potential, this property presents an attractive value-add opportunity in a highly rentable location. Each spacious 2 bed, 2 bath unit includes in-unit laundry, individual A/C, private one-car garages, and functional layouts that appeal to long-term tenants. Lower units feature walk-out yards, while upper units enjoy private decks. Recent improvements include a partial roof in 2022, plus updated flooring, paint, and appliances in select units. Conveniently located near retail, restaurants, schools, and public transit. Gross Monthly Income: $4,325. NOI: $23,966. Potential to package with 1111 & 1117 W Providence for expanded investment opportunity.
Property Features
Property Type: Multi Unit - Multiple
Basement: Slab
Garage: 4
Lot Size: 0.21 Acres
Roof Type: Composition
Stories: 2.0
Taxes: $5,700
Year Built: 1981
Feature Descriptions
Association Amenities: None
Days on Site: 7
Exterior: Siding
Heating/Cooling: Baseboard
Lot: Sprinkler - Automatic, Treed
Parcel#: 36202.0708
Parking: Off Site
Special View Info: Territorial
SQ. FT. Total: 3888
Local Schools
High School: Mt Spokane
Middle School: Mountainside
Elementary School: Shiloh Hills
School District: Mead
Listed By / Shown By
Listed By
Agency Name: Coldwell Banker Tomlinson
Shown By
Agent Name: Mikaela Bentley
Agent Phone: (509) 655-1492
Estimate Your Payment
Estimated Payment
$ 1,982.82 per month $1,333.11 Principal & Interest $475.00 Property Tax $174.71 Homeowner's Insurance
8737 N Colton St | MLS# 202617413
This multi-family property located at 8737 N Colton St, Spokane, WA 99218 is currently listed for sale by Coldwell Banker Tomlinson, with an asking price of $599,000. N Colton St is located within the Mead school district. Search Spokane real estate on www.mikaelabentleywa.com today.