Fantastic Gonzaga-area investment property! Over 2,600 sq ft with 5 bedrooms, 2 baths, and two full kitchens plus a bonus room—perfect setup for student housing or multi-generational living. Current leases in place through June with tenants paying all utilities, offering a solid 5.25% cap rate. Lower level features exterior entrance and separate living space, ideal for privacy or dual-rental potential. Off-street parking, detached garage, fenced backyard with deck, and convenient access to Gonzaga, downtown, and the University District. Strong rental history and steady performance make this a turnkey opportunity for investors or parents looking for housing options near campus.
Active
$450,000
505 E Baldwin Ave, Spokane, WA 99207
6beds
2baths
2,668sqft
Est.:
Single Family Residence
Built in 1903
6,098.4 Square Feet Lot
$439,200 Zestimate®
$169/sqft
$-- HOA
What's special
Off-street parkingBonus roomDetached garageSeparate living spaceFenced backyard with deckTwo full kitchens
- 13 days |
- 221 |
- 6 |
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