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9907 - 9925N Waikiki Rd Spokane WA 99218
Listing #: 695169 | Status: Available | Last Modified: 4/9/2026
| Showing Instructions | |
|---|---|
| Call Listing Agent | No |
| Use Discretion | No |
| Investment Information | |
|---|---|
| Investment Prop | Yes |
| Gross Income | 230,400 |
| Vacancy Factor % | 4.00% |
| Operating Expenses | 69,892 |
| Net Operating Income | 151,292 |
| CAP Rate | 5.14 % |
| Detail Listing Information | |
|---|---|
| Min Total SF | 0 SF |
| Max Total SF | 0 SF |
| Lease Rate Low | $ 0.00 |
| Lease Rate High | $ 0.00 |
| Retail Information | |
|---|---|
| Signage | Signage on Building and Freestanding |
| Financial Summary | |
|---|---|
| CAP Rate | 5.136 |
| Building Information | |
|---|---|
| Building Status | Existing |
| # of Buildings | 5 |
| # of Floors | 2 |
| Total Building SF | 15,122 SF |
| Net Rentable Area | 0 SF |
| Total Office SF | 0 SF |
| Largest Contiguous SF | 0 SF |
| Lot SF | 51,463 SF |
| Acres | 1.18 |
| Year Built | 1966 |
| Property Type | |
|---|---|
| Property Type | Multi-Family |
| Location | |
|---|---|
| County | Spokane |
| Market Area | North Spokane County |
| Tax ID # | 36183.0418 |
| Zoning | LDR |
SEE_NOTES
Phenomenal investment opportunity moments from Whitworth University in North Spokane. This portfolio of 5 duplexes inclusive of 44 bedrooms across the ten rental units grossing an average of $20,000/month. Rarely does an active portfolio like this become available in such a desirable rental location. This is a prime candidate for reinvestment of 1031 money in today's market, as the market is prime for continuing gains in property value and rental increases under new management and as the university term resets.
Whitworth Duplexes Portfolio
9907 - 9925N Waikiki Rd Spokane WA 99218
Listing #: 695169 | Status: Available | Listing Date: 4/3/2025 | Last Modified: 4/9/2026 | Email Listing











