$650,000
$650,000
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2411 N Cincinnati St Spokane, WA 99207
3,656 SqFt
Key Details
Sold Price $650,000
Property Type Multi-Family
Sub Type Rental
Listing Status Sold
Purchase Type For Sale
Square Footage 3,656 sqft
Price per Sqft $177
MLS Listing ID 202526626
Sold Date 12/31/25
Style Other
Year Built 1976
Annual Tax Amount $4,633
Lot Size 6,534 Sqft
Lot Dimensions 0.15
Property Sub-Type Rental
Property Description
Rare opportunity to own a four plex in Spokane's highly desirable Gonzaga District—just minutes from Gonzaga University, public transportation, and Downtown Spokane! These well-maintained buildings boast a combined gross income of approximately $62,400 annually, with 3 of the 4 units fully remodeled, including the two most recent rentals bringing in $1,400/month each. All units are 2 bed / 1 bath and feature in-unit laundry, making them highly attractive to tenants along with the 4 car carport and 3 storage units. Investors will appreciate the stability and strong cash flow without the need for commercial financing. All appliances, including washers and dryers, are included in the sale, making this a truly turnkey investment. Recent improvements include new roofs on both the main complex and carport, updated siding and exterior paint. Showings available with accepted offer only. Please don't disturb tenants. Seller is a licensed real estate agent.
Location
State WA
County Spokane
Rooms
Basement None
Interior
Interior Features High Speed Internet, Alum Wn Fr, Windows Vinyl, Multi Pn Wn
Heating Electric, Baseboard
Cooling Wall Unit(s)
Appliance Free-Standing Range, Dishwasher, Refrigerator, Washer, Dryer
Exterior
Parking Features Detached, Carport, Off Site, Alley Access
Carport Spaces 4
Utilities Available Cable Available
Amenities Available Play Area, Storage
View Y/N true
Roof Type Composition
Total Parking Spaces 4
Building
Lot Description Fencing, Sprinkler - Automatic, Level, City Bus (w/in 6 blks), Oversized Lot
Story 2
Architectural Style Other
Structure Type Wood Siding
Schools
Elementary Schools Logan
Middle Schools Yasuhara
High Schools North Central
School District Spokane Dist 81
Others
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
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