8737 N Colton St, Spokane, WA 99218
8737 N Colton St, Spokane, WA 99218
8737 N Colton St, Spokane, WA 99218
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Listed by Luke Mischke • Coldwell Banker Tomlinson
$565,000
Est. payment /mo
3,888 SqFt
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Key Details

Property Type Multi-Family

Sub Type Residential Income

Listing Status Active

Purchase Type For Sale

Square Footage 3,888 sqft

Price per Sqft $145

MLS Listing ID 202617413

Style Other

Year Built 1981

Annual Tax Amount $5,700

Lot Size 9,147 Sqft

Lot Dimensions 0.21

Property Sub-Type Residential Income

Property Description

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.

Location

State WA

County Spokane

Rooms

Basement Slab

Interior

Heating Baseboard

Cooling Wall Unit(s)

Appliance Dishwasher, Refrigerator, Washer, Dryer

Exterior

Parking Features Off Site

Garage Spaces 4.0

Amenities Available None

View Y/N true

View Territorial

Roof Type Composition

Building

Lot Description Sprinkler - Automatic, Treed

Story 2

Architectural Style Other

Structure Type Siding

Schools

Elementary Schools Shiloh Hills

Middle Schools Mountainside

High Schools Mt Spokane

School District Mead

Others

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash


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Alyssa Curnutt
Alyssa Curnutt

Agent | License ID: 128489

+1(509) 590-7615 | alyssa@alyssacurnutt.com

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8737 N Colton St