720 S Jefferson St
Spokane WA 99204
720 S Jefferson Street
720 S Jefferson St Spokane WA 99204
Listing #: 713504 | Status: Pending | Last Modified: 6/4/2026 |
For Sale
- Phone:(509) 315-8714
- Email:ryan@ltrealestateco.com
- Office Name:LT Real Estate
- Office Phone:(509) 315-8720
- Office Website:
- Agent Phone:(509) 315-8720
- Agent Email:dallas@ltrealestateco.com
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 2,000,000.0
- $/SF$ 111.7
- $/Unit$ 2,000,000.0
- Listing StatusPending
- Days on Market11
- Asset ClassMulti-Family
- Terms
- Investment Type
- Investment PropYes
- Gross Income0
- Vacancy Factor %0.00%
- Operating Expenses0
- Net Operating Income0
- CAP Rate 7.53 %
- 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
- Building StatusExisting
- # of Buildings3
- # of Floors1
- # of Units19
- # of Elevators
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF17907
- Net Rentable Area17907
- Total Office SF
- Largest Contiguous SF
- Lot SF14200
- Acres0.33
- Property TypeMulti-Family
- Office Type
- Building Class
- CountySpokane
- Vicinity
- Location Description
- Second Address
- Cross Street
- Market AreaSouth Hill
- Tax ID #35193.0207
- Additional Parcels
- ZoningRHD-70
- Year Built1907
- Year Renovated
- Completion Date
- Roof Type
- Construction Type
19 Unit South Hill Portfolio
This South Hill multifamily portfolio offers a unique opportunity to acquire 19 units across three buildings on two parcels in one of Spokane’s most desired neighborhoods. The portfolio features a diverse unit mix of seven 1-bedroom units, ten 2-bedroom units, and two 3-bedroom units. The properties generate strong cash flow with additional income from 13 garages, while tenant amenities include on-site laundry. Many units have been updated, and residents enjoy a highly desirable location within walking distance of neighborhood amenities, parks, restaurants, and shopping, with convenient access to downtown Spokane and I-90. Combining scale, unit diversity, supplemental garage income, and a prime South Hill location, this portfolio presents an exceptional opportunity for investors seeking
