903 S Adams St
Spokane WA 99204

903 S Adams Street

903 S Adams St Spokane WA 99204

Listing #: 699783 | Status: Pending | Last Modified: 12/4/2025 |

For Sale
Ryan Towner
  • Phone:(509) 315-8714
  • Email:ryan@ltrealestateco.com
  • Office Name:LT Real Estate
  • Office Phone:(509) 315-8720
  • Office Website:
Dallas Lightner
Showing Instructions
  • Call Listing AgentNo
  • Use DiscretionNo
Price Information
  • Listing Price$ 1,175,000.0
  • $/SF$ 201.3
  • $/Unit$ 1,175,000.0
  • Listing StatusPending
  • Days on Market148
  • Asset ClassMulti-Family
  • Terms
Investment Information
  • Investment Type
  • Investment PropYes
  • Gross Income0
  • Vacancy Factor %0.00%
  • Operating Expenses0
  • Net Operating Income0
  • CAP Rate 7.21 %
Detail Listing Information
  • Min Total SF0
  • Max Total SF0
  • Lease Rate Low$ 00.0
  • Lease Rate High$ 00.0
  • Heat Source
  • Total Units
Utilities
  • Water
  • Electricity
  • Storm Sewer
Retail Information
  • SignageSignage on Building and Freestanding
  • Anchor
Associated Files
Building Information
  • Building StatusExisting
  • # of Buildings1
  • # of Floors3
  • # of Units9
  • # of Elevators
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Total Building SF5836
  • Net Rentable Area5836
  • Total Office SF
  • Largest Contiguous SF
  • Lot SF6600
  • Acres0.15
Property Type
  • Property TypeMulti-Family
  • Office Type
  • Building Class
Location
  • CountySpokane
  • Vicinity
  • Location Description
  • Second Address
  • Cross Street
  • Market AreaSouth Hill
  • Tax ID #35193.1105
  • Additional Parcels
  • ZoningRMF
Construction
  • Year Built1917
  • Year Renovated
  • Completion Date
  • Roof Type
  • Construction Type

Martin Woldson Mansion | 9 Unit Multifamily Proper

Public Comments

Step into a rare investment opportunity with this historic Tudor mansion—formerly the Martin Woldson mansion—now transformed into a high-performing multifamily asset. This iconic property includes 7 one-bedroom units, 1 spacious two-bedroom unit, and 1 charming studio, generating a combined monthly income of $9,548 Inside, residents enjoy vaulted 9-foot ceilings on the main and top floors, adding grandeur and openness to each unit. On-site laundry facilities provide added convenience, and the character-rich architecture offers timeless curb appeal and tenant retention. This is more than just a rental—it's a chance to own a piece of Spokane’s history while benefiting from stable cash flow and future upside. Seller financing available.

Listing Images