3123 E Carlisle Avenue, Spokane, WA 99207
Local realty services provided by:CENTURY 21 North Homes Realty
Listed by: peter clark
Office: the paragon group
MLS#:2562067
Source:NWMLS
3123 E Carlisle Avenue,Spokane, WA 99207
$910,000
- - Beds
- - Baths
- 5,760 sq. ft.
- Multi-family
- Active
Price summary
- Price:$910,000
- Price per sq. ft.:$157.99
About this home
3123-3125 E Carlisle Ave is a fully renovated 7-unit multifamily property in Spokane. The property features a uniform two-bedroom, one-bathroom unit mix, providing operational simplicity and broad tenant appeal. With updated interiors, stabilized occupancy, and limited near-term capital needs, the asset offers immediate cash flow supported by straightforward day-to-day operations. The property is located in a tight residential pocket of east Spokane with convenient access to nearby employment, education, transportation, and recreation drivers. Tenants benefit from proximity to grocery stores, dining, parks, public transit, and major arterials, while investors benefit from a concentrated comp set supported by recent sales, new construction, and active investment within the immediate area. This localized momentum helps distinguish the property from the broader Southeast Spokane market and reinforces demand for well-maintained rental housing in the submarket. As Spokane continues to grow, the area surrounding E Carlisle Ave is positioned to benefit from ongoing infrastructure improvements, including the continued development of the North-South Corridor. The combination of high occupancy, updated condition, straightforward two-bedroom floorplans, and remaining upside through rent adjustments and utility reimbursement creates a durable small-balance multifamily opportunity....
Contact an agent
Home facts
- Year built:1979
- Subdivision & Development:Spokane
- Listing ID #:2562067
- Updated:September 14, 2026 at 11:13 AM
Rooms and interior
- Living area:5,760 sq. ft.
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Roof:Composition
- Year built:1979
- Building area:5,760 sq. ft.
- Lot area:0.18 Acres
- Construction Materials:Metal/Vinyl Exterior Finish
Schools
- High school:North Central High
- Middle school:Buyer To Verify
- Elementary school:Logan Elem
Utilities
- Water:Public
- Sewer:Sewer Connected
Finances and disclosures
- Price:$910,000
- Price per sq. ft.:$157.99
- Tax amount:$8,942 (2026)
Parking
- Total parking spaces:12
New listings near 3123 E Carlisle Avenue
- New
$500,000Active4 beds 3 baths2,310 sq. ft.1617 W Kedlin Ln, Spokane, WA 99208
MLS# 202624216Listed by: KELLER WILLIAMS SPOKANE - MAIN - New
$310,000Active3 beds 2 baths1,604 sq. ft.627 E Empire Ave, Spokane, WA 99207
MLS# 202624211Listed by: WINDERMERE NORTH - New
$350,000Active4 beds 1 baths1,760 sq. ft.603 E Columbia Ave, Spokane, WA 99208
MLS# 202624209Listed by: CENTURY 21 BEUTLER & ASSOCIATES - New
$369,900Active3 beds 2 baths1,824 sq. ft.3227 E Garnet Ave Ave, Spokane, WA 99217
MLS# 202624210Listed by: R.H. COOKE & ASSOCIATES - New
$79,999Active3 beds 2 baths924 sq. ft.4315 S Cheatham Rd, Spokane, WA 99224
MLS# 202624207Listed by: KELLER WILLIAMS SPOKANE - MAIN - New
$349,900Active2 beds 1 baths1,260 sq. ft.8524 E Maringo Dr, Spokane, WA 99212
MLS# 202624199Listed by: SOURCE REAL ESTATE - New
$425,000Active4 beds 3 baths1,756 sq. ft.5606 W Youngstown Ln, Spokane, WA 99208
MLS# 202624200Listed by: AMPLIFY REAL ESTATE SERVICES - New
$324,900Active3 beds 2 baths1,025 sq. ft.3105 S Rebecca St, Spokane, WA 99223
MLS# 202624202Listed by: REAL ESTATE MARKETPLACE NW,INC - New
$649,000Active4 beds 3 baths3,308 sq. ft.4218 S Helena St, Spokane, WA 99203
MLS# 202624194Listed by: WINDERMERE VALLEY - New
$550,000Active3 beds 2 baths1,857 sq. ft.9811 N Edna St, Spokane, WA 99208
MLS# 202624197Listed by: REAL BROKER LLC