8705 N Colton St
Spokane, WA 99218
Spokane Area Rental
- 0.21 Acre
$725,000
1 Week on marketMLS# 202617285
Exceptional investor or owner-occupant opportunity featuring a well-maintained fourplex in North Spokane within the desirable Mead School District. With strong rental history and quality updates throughout, this property offers excellent income potential and long-term value. Each unit features just under 1,000 SF with 2 bedrooms, 2 bathrooms, including a primary suite, plus LVP flooring, updated cabinetry, stainless steel appliances, updated vinyl windows, in-unit laundry, and individual A/C units. Residents also enjoy private balconies or porches, off-street parking, and detached garages for added convenience and income potential. Gross Monthly Income: $5,360. NOI: $51,453.83. Cap Rate: 7.1%. Potential to package 803 W Knox Ave and 1511-1517 W Euclid Ave for expanded investment opportunity.
| SqFt: | 0 |
| County: | Spokane |
| Year Built: | 1981 |
- None
- Detached
- Off Site
- Electric
- Baseboard
- Composition
Office Details
LT Real Estate — 509-481-0373
MLS Disclaimer: Copyright of the Spokane Association of REALTORS MLS. All rights reserved. Listing information deemed reliable but not guaranteed.
