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8737 N Colton St
Spokane, WA 99218

Spokane Area Rental

  • 3,888 Sqft
  • 0.21 Acre

$599,000

1 Week on market

MLS# 202617413

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

Great investment opportunity featuring a fully occupied 4-plex in North Spokane within the sought-after Mead School District. Offering strong rental history, immediate income, and future upside potential, this property presents an attractive value-add opportunity in a highly rentable location. Each spacious 2 bed, 2 bath unit includes in-unit laundry, individual A/C, private one-car garages, and functional layouts that appeal to long-term tenants. Lower units feature walk-out yards, while upper units enjoy private decks. Recent improvements include a partial roof in 2022, plus updated flooring, paint, and appliances in select units. Conveniently located near retail, restaurants, schools, and public transit. Gross Monthly Income: $4,325. NOI: $23,966. Potential to package with 1111 & 1117 W Providence for expanded investment opportunity.

SqFt: 3,888
County: Spokane
Year Built: 1981
Basement
  • Slab
Kitchen / Appliances
  • Dishwasher
  • Refrigerator
  • Washer
  • Dryer
Garage / Parking
  • Off Site
Heating / Cooling
  • Baseboard
Lot / Information
  • Sprinkler - Automatic
  • Treed
Roof
  • Composition

Office Details
Coldwell Banker Tomlinson  —  (509) 467-7400

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 5/21/2026, 2:01 PM. 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.