224 S Howard St, Spokane, WA 99201
224 S Howard St, Spokane, WA 99201
224 S Howard St, Spokane, WA 99201
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Alyssa Curnutt

Alyssa Curnutt

+1(509) 590-7615
Listed by Jordan Lester • SVN Cornerstone
$1,800,000
Est. payment /mo
20,634 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Residential Income

Listing Status Pending

Purchase Type For Sale

Square Footage 20,634 sqft

Price per Sqft $87

MLS Listing ID 202611432

Year Built 1908

Lot Size 4,356 Sqft

Lot Dimensions 0.1

Property Sub-Type Residential Income

Property Description

We are pleased to present the Howard Building for sale at 224 S Howard St in Downtown Spokane. This property offers 40 apartment units, 2 retail suites (one occupied by The Blessed Express Barbershop, one vacant) Significant Capital Improvements – Extensive upgrades include fresh paint, new flooring, updated bathrooms, modern light fixtures, and partial furnishings. Diverse Income Stream – 40 apartments and 2 ground-floor retail suites provide balanced residential and commercial revenue. Resident Amenities – Tenants enjoy shared laundry, communal space, and enhanced security in a walkable downtown location near dining, shopping, entertainment, third-party parking, and transit. Value-Add Potential – Lease the vacant retail suite, activate the basement, and optimize operations for increased NOI. Attractive Assumable Loan – Seller financing via an assumable note at 4.65% interest-only, maturing January 2028, with 24-month extension option.

Location

State WA

County Spokane

Rooms

Basement Unfinished

Interior

Heating Electric, Baseboard

Exterior

Parking Features None

Amenities Available Laundry, Recreational Area

Waterfront Description See Remarks

View Y/N true

Roof Type See Remarks

Building

Structure Type Brick

Schools

School District Spokane Dist 81

Others

Acceptable Financing Cash, Owner Financing, Commercial

Listing Terms Cash, Owner Financing, Commercial

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Alyssa Curnutt

+1(509) 590-7615

alyssa@alyssacurnutt.com

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224 S Howard St