LISTING DETAILS

618 East 23rd Avenue

618 E 23rd Ave Spokane WA 99203

Listing #: 711567 | Status: Available | Last Modified: 4/15/2026

Showing Instructions
Call Listing Agent	No
Use Discretion	No

Investment Information
Investment Prop	Yes
Gross Income	90,060
Vacancy Factor %	0.00%
Operating Expenses	18,521
Net Operating Income	71,539
CAP Rate	9.23 %

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

Financial Summary
CAP Rate	9.231

Building Information
Building Status	Existing
# of Buildings	1
# of Floors	2
# of Units	6
Total Building SF	8,544 SF
Net Rentable Area	8,544 SF
Total Office SF	0 SF
Largest Contiguous SF	0 SF
Lot SF	5,663 SF
Acres	0.13
Year Built	1912
Construction Type	Steel

Property Type
Property Type	Multi-Family
Investment	Yes

Location
County	Spokane
Market Area	South Hill
Tax ID #	35293.1005
Zoning	RSF

6 Unit- 618 E 23rd

Public Comments

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.

618 East 23rd Avenue
618 E 23rd Ave Spokane WA 99203

Listing #: 711567 | Status: Available | Listing Date: 4/16/2026 | Last Modified: 4/15/2026 | Email Listing

For Sale

618 East 23rd Avenue

Listing Images