618 E 23rd Ave
Spokane WA 99203
618 East 23rd Avenue
618 E 23rd Ave Spokane WA 99203
Listing #: 711567 | Status: Available | Last Modified: 4/15/2026 |
For Sale
- Phone:(509) 270-0123
- Email:marc@navigatornw.com
- Office Name:Keller Williams Realty
- Office Phone:(509) 458-4000
- Office Website:
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 775,000.0
- $/SF$ 90.7
- $/Unit$ 775,000.0
- Listing StatusAvailable
- Days on Market18
- Asset ClassMulti-Family
- Terms
- Investment Type
- Investment PropYes
- Gross Income90,060
- Vacancy Factor %0.00%
- Operating Expenses18,521
- Net Operating Income71,539
- CAP Rate 9.23 %
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Total Units
- Water
- Electricity
- Storm Sewer
- SignageSignage on Building and Freestanding
- Anchor
- CAP Rate 9.23 %
- Building StatusExisting
- # of Buildings1
- # of Floors2
- # of Units6
- # of Elevators
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF8544
- Net Rentable Area8544
- Total Office SF
- Largest Contiguous SF
- Lot SF5663
- Acres0.13
- Property TypeMulti-Family
- Office Type
- InvestmentYes
- Building Class
- CountySpokane
- Vicinity
- Location Description
- Second Address
- Cross Street
- Market AreaSouth Hill
- Tax ID #35293.1005
- Additional Parcels
- ZoningRSF
- Year Built1912
- Year Renovated
- Completion Date
- Roof Type
- Construction TypeSteel
6 Unit- 618 E 23rd
Incredible opportunity to own an investment in one of South Hill's premier neighborhoods. This turn-of-the-century was built as a multifamily (not a conversion) and has tons of character. All units are very spacious and similar to the unit available for viewing. Centrally located just 3 blocks from Manito Park, Duncan Garden, Bus stops, Rockwood Coffee Shop and the desirable Hutton Elementary School. Grocery shopping and restaurants just 6 blocks away. Shared laundry units in basement, sprinkler system, raised garden beds, spacious lower and upper porches for relaxing. Located on a quiet street with upper-end homes, this would be an ideal owner-occupant investment.
