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1414 Tenth Avenue, Spokane, WA 99204

Spokane
Local realty services provided by:CENTURY 21 Lund, Realtors
Listed by: peter clark
Office: the paragon group
MLS#:2562023
Source:NWMLS
1414 Tenth Avenue,Spokane, WA 99204
$799,000
  • - Beds
  • - Baths
  • 7,249 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$799,000
  • Price per sq. ft.:$110.22

About this home

Offered at $799,000, or $114,143 per unit, 10th Avenue Apartments presents a compelling cash-flow opportunity in Spokane’s historic Cliff/Cannon neighborhood. The property is currently 100% occupied with high-quality tenants, providing immediate and stable income. A new lease was recently signed, bringing total monthly revenue to $7,792. At the current asking price, the property offers an 8.01% in-place cap rate, with a path to an 8.56% pro forma cap rate. Significant capital improvements have already been completed, reducing near-term capital needs for new ownership. Recent improvements include exterior paint, a new hot water heater, interior paint throughout the common areas, updates to the parking area, and more Four of the seven units have been renovated, establishing a clear improvement standard for the three remaining unrenovated units. This defined renovation scope provides new ownership with an opportunity to further improve unit quality and increase rental income...

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Home facts

  • Year built:1909
  • Subdivision & Development:Spokane
  • Listing ID #:2562023
  • Updated:September 16, 2026 at 12:23 AM

Rooms and interior

  • Living area:7,249 sq. ft.

Heating and cooling

  • Heating:Radiators

Structure and exterior

  • Roof:Composition
  • Year built:1909
  • Building area:7,249 sq. ft.
  • Lot area:0.18 Acres
  • Construction Materials:Metal/Vinyl Exterior Finish

Schools

  • High school:Buyer To Verify
  • Middle school:Buyer To Verify
  • Elementary school:Buyer To Verify

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$799,000
  • Price per sq. ft.:$110.22
  • Tax amount:$4,993 (2026)

Parking

  • Total parking spaces:3
MLS LogoListings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of September 16, 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2026 MLS GRID. All Rights Reserved. NWMLS Member Broker: Greg Lund

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