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1414 Tenth Avenue, Spokane, WA 99204

Spokane
Local realty services provided by:CENTURY 21 Real Estate Center
Listed by: peter clark
Office: the paragon group509-943-0400
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/unit, 10th Avenue Apartments presents a compelling cash-flow opportunity in Spokane’s historic Cliff/Cannon neighborhood. Individually metered and 100% occupied, the property provides immediate, stable income. A recently signed lease brings total monthly revenue to $7,792. At the asking price, the property offers an 8.01% in-place cap rate, with a path to an 8.56% pro forma cap rate, and is well positioned for straightforward continued operation. Significant capital improvements have been completed, reducing near-term capital needs for new ownership, including a new roof in 2022, exterior paint, a new hot water heater, interior paint in the common areas, parking area updates, and a new electronic garage door opener. Residents also benefit from onsite laundry, garage storage, and off-street parking. Four of the seven units have been renovated, combining updated interiors with the character of the original construction. The residences feature a mix...

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Home facts

  • Year built:1909
  • Subdivision & Development:Spokane
  • Listing ID #:2562023
  • Updated:October 30, 2026 at 12:10 PM

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 October 30, 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.

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