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507 S Howard St Spokane WA 99204
Listing #: 705247 | Status: Available | Last Modified: 11/17/2025
| Showing Instructions | |
|---|---|
| Call Listing Agent | No |
| Use Discretion | No |
| Investment Information | |
|---|---|
| Investment Prop | Yes |
| Gross Income | 0 |
| Vacancy Factor % | 0.00% |
| Operating Expenses | 0 |
| Net Operating Income | 0 |
| CAP Rate | 6.23 % |
| 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 |
| Retail Asset Class Info | |
|---|---|
| Crane Tonnage | 0 |
| Building Information | |
|---|---|
| Building Status | Existing |
| # of Buildings | 1 |
| # of Floors | 3 |
| # of Units | 30 |
| Total Building SF | 42,500 SF |
| Net Rentable Area | 1,015 SF |
| Total Office SF | 0 SF |
| Largest Contiguous SF | 0 SF |
| Lot SF | 14,288 SF |
| Acres | 0.33 |
| Year Built | 1912 |
| Property Type | |
|---|---|
| Property Type | Multi-Family |
| Building Class | A |
| Location | |
|---|---|
| County | Spokane |
| Market Area | South Hill |
| Tax ID # | 35191.4301 |
| Zoning | OR-150 |
Prime mixed-use property in Spokane’s sought-after South Hill neighborhood. The building features 1,015 sqft retail space with a coffee tenant in place with five years left on the lease and twenty-nine apartments above. Located in an Opportunity Zone, the property offers valuable tax benefits and strong income potential. The unit mix includes eighteen one-bedroom and eleven two-bedroom apartments, all with spacious layouts and quality finishes. Rent upside of 10%-20% provides additional growth potential. A solid investment opportunity in a high-demand location close to downtown, shopping, and dining.
507 S Howard Street
507 S Howard St Spokane WA 99204
Listing #: 705247 | Status: Available | Listing Date: 11/13/2025 | Last Modified: 11/17/2025 | Email Listing







































