BEDS0
BATHS
SQUARE FEET2,053
MLS#202614654
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLSpokane Dist 81
Property Description
Directly across from Mission Park and just steps from Gonzaga University, this classic brick investment property sits in one of Spokanes most consistent and in-demand rental locations. With campus, recreation, and neighborhood amenities all within easy reach, its ideally positioned for long-term tenant appeal. The home offers a functional six-bedroom layout with three bedrooms upstairs and three downstairs?well-suited for student housing or shared living. Solid brick construction adds lasting durability and timeless character, while the unbeatable proximity to Gonzaga ensures strong, reliable demand year after year. Currently leased through May 2027 at $3,000 per month, this is a true turnkey investment with immediate income. Tenants pay all utilities and landscaping, contributing to a low-maintenance ownership experience, and a strong 7.1% cap rate. An exceptional opportunity to own a stable, income-producing property just moments from Gonzagas campus.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Finished, Rec/Family Area
Garage: 2
Lot Size: 0.20 Acres
Roof Type: Composition
Taxes: $3,200
Year Built: 1960
Feature Descriptions
Association Amenities: None
Days on Site: 3
Exterior: Brick
Fireplace: Masonry
Heating/Cooling: Natural Gas, Forced Air
Lot: Fencing, Sprinkler - Automatic, Level, Corner Lot, City Bus (w/in 6 blks)
Parcel#: 35084.4114
Parking: Detached, Off Site, Alley Access
Special View Info: Park/Greenbelt
SQ. FT. Total: 2053
Local Schools
High School: North Central
Middle School: Yasuhara
Elementary School: Logan
School District: Spokane Dist 81
Listed By / Shown By
Listed By
Agency Name: eXp Realty, LLC
Shown By
Agent Name: Melissa Blaine
Agent Phone: (509) 879-7858
Agency Title: Coldwell Banker Tomlinson
Estimate Your Payment
Estimated Payment
$ 1,336.49 per month $945.87 Principal & Interest $266.67 Property Tax $123.96 Homeowner's InsuranceChange Payment Information
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1307 E Mission Ave | MLS# 202614654
This multi-family property located at 1307 E Mission Ave, Spokane, WA 99202 is currently listed for sale with an asking price of $425,000. E Mission Ave is located within the Spokane Dist 81 school district. Search Spokane real estate on www.melissasellsspokane.com today.