Janeth Beltrán Apodaca
REALTOR®
BEDS0
BATHS
SQUARE FEET4,180
MLS#202615565
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLSpokane Dist 81
Property Description
Well-maintained 8-unit investment opportunity consisting of two 4-plexes on separate residential parcels, offering the possibility of residential financing with more favorable terms than typical commercial loans, subject to buyers lender. Each unit features a spacious 2 bed / 1 bath layout of approximately 1000 SF with washer/dryer hookups?larger than typical Spokane rentals?supporting strong tenant demand and retention. Property has been carefully self-managed with excellent upkeep and a stable tenant base with consistent payment history. Recent improvements include multiple newer water heaters and washer/dryer units. In-place rents provide solid cash flow with clear upside through light interior updates; comparable renovated units are achieving ~$1,450?$1,550/mo. One unit has been left intentionally vacant for owner-occupancy or immediate lease-up at market rent. A well-performing, stabilized asset with consistent operations and a straightforward value-add opportunity in a high-dema
Property Features
Property Type: Multi Unit - Multiple
Basement: Full, Finished
Basement: Yes
Lot Size: 0.21 Acres
Roof Type: Composition
Stories: 2.0
Taxes: $12,969
Year Built: 1994
Feature Descriptions
Association Amenities: None
Exterior: Siding
Heating/Cooling: Ductless
Lot: Sprinkler - Automatic, Level, Corner Lot, City Bus (w/in 6 blks), Oversized Lot
Parcel#: 35063.3709
Parking: None
Parking Space(s): 10
Special View Info: Territorial
SQ. FT. Total: 4180
Local Schools
High School: North Central
Middle School: Glover
Elementary School: Audubon
School District: Spokane Dist 81
Listed By / Shown By
Listed By
Agency Name: The Hornberger Group, LLC
Shown By
Agent Name: Janeth Beltrán Apodaca
Agent Phone: (253) 487-4650
Agency Title: Coldwell Banker Tomlinson
Estimate Your Payment
Estimated Payment
$ 4,479.01 per month $3,004.51 Principal & Interest $1,080.75 Property Tax $393.75 Homeowner's InsuranceChange Payment Information
Janeth Beltrán Apodaca
Cell: (253) 487-4650
Email Me
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3222-3224 N Madison St | MLS# 202615565
This multi-family property located at 3222-3224 N Madison St, Spokane, WA 99205 is currently listed for sale with an asking price of $1,350,000. 3222-3224 N Madison St is located within the Spokane Dist 81 school district. Search Spokane real estate on jbeltran.cbspokane.com today.