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  • $988,500

    2516 N Nevada St #2518-2520-2534, Spokane, WA 99207

    45beds
    27baths
    5,850sqft
    Multi Family
    Built in 1937
    -- sqft lot
    $988,500 Zestimate®
    $169/sqft
    $-- Estimated rent

    What's special

    INVESTORS should be interested in this 9-UNIT INCOME PROPERTY. Location is everything and this property is one mile or less from Gonzaga University, grocery stores, restaurants, pubs, parks, Centennial Trail, and more. This property consists of three side-by-side buildings, each with 3 units; and each with two 2 bedrooms and 1 bathroom and one 1 bedroom and 1 bathroom configurations. Each unit has its own unique floor plan. Most units have been refreshed with the changeover of tenants. There are three 3-car carports with newer roofs. And in March 2025 all three buildings’ exteriors were refurbished and painted including adding a no-slip surface applied on the painted stairs. All 9 units are occupied. Monthly Gross Rents are $10,215. Owner pays Electricity & Gas ($199/mo); Water, Sewer & Garbage ($707/mo). New property management as of 1/1/25 have had a very positive impact on this property’s operations and profitability. These three buildings may also be sold individually for $333,000 each.

    Zillow last checked: 7 hours ago

    Listing updated: July 08, 2025 at 04:31pm

    Listed by:

    Rich King Main:(509)703-8187,

    Keller Williams Spokane - Main

    Source: SMLS,MLS#: 202514751MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 45
    • Bathrooms: 27
    Dining room
    • Description: Kit Eat Sp
    Heating
    • Electric, Baseboard
    Appliances
    • Included: Free-Standing Range, Dishwasher, Refrigerator
    Features
    • Windows: Multi Pane Windows
    • Basement: Partial
    • Has fireplace: No
    Interior area
    • Total structure area: 5,850
    • Total interior livable area: 5,850 sqft

    Property

    Parking
    • Total spaces: 9
    • Parking features: Carport, Off Site
    • Has carport: Yes
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 0.46 Acres
    • Features: Sprinkler - Automatic, Level, Corner Lot, Oversized Lot
    Details
    • Additional parcels included: 35081.4315 / 35081.4316
    • Parcel number: 35081.4314

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Contemporary
    • Property subtype: Multi Family
    Materials
    • Wood Siding
    • Roof: Composition
    Condition
    • Year built: 1937

    Community & neighborhood

    Location
    • Region: Spokane

    Other

    Other facts
    • Listing terms: Conventional,Cash
    • Road surface type: Paved
    Services availability
    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $988,500
    2% more+ $19,770
    With Zillow Showcase(estimated)
    $1,008,270