2203 E Mission Ave
Spokane, WA 99202

Spokane Area Rental

  • 2,496 Sqft
  • 0.20 Acre

$549,999

4 Months on market

MLS# 202516709

Listing courtesy of Spokane Association of REALTORS MLS as distributed by MLS GRID.

Excellent opportunity to own a well-maintained, fully occupied 4-unit property generating $4,595 per month in gross income, including rent and utility fees. Each unit offers 1 bedroom and 1 bathroom, with two spacious floorplans providing tenants private access to both the front entrance and the rear parking lot. The building features a 576 sq ft basement equipped with common laundry facilities and additional storage space available for tenant use — a rare and highly appreciated amenity. Each unit has received various updates over the years, leading to quick vacancy turnarounds and minimal ongoing maintenance. Three detached garage spaces add even more value for tenants and increase rental appeal. Exterior improvements include new windows, durable brick siding, and a newer composite roof, helping maintain the property's excellent condition and curb appeal. This is a turn-key, income-generating investment perfect for buyers seeking reliable cash flow and low management demands!

SqFt: 2,496
County: Spokane
Year Built: 1953
Basement
  • Partial
  • Finished
Kitchen / Appliances
  • Free-Standing Range
  • Refrigerator
Garage / Parking
  • Detached
Heating / Cooling
  • Ductless
Lot / Information
  • Sprinkler - Automatic
  • Level
  • Corner Lot
  • City Bus (w/in 6 blks)
Features
  • Breakers
Roof
  • Composition


Office Details
The Hornberger Group, LLC  —  (509) 994-5007

Broker Reciprocity MLS Disclaimer: Copyright of the Spokane Association of REALTORS MLS. All rights reserved. Listing information deemed reliable but not guaranteed.

IDX listing information is provided exclusively for consumers’ personal, noncommercial use. All other uses are strictly prohibited. The listing information displayed herein is based on information submitted to the MLS GRID as of 6/11/2025, 9:26 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.