1414 Tenth Avenue, Spokane, WA 99204

Spokane
Local realty services provided by:Knipe Realty ERA Powered
Listed by: peter clark
Office: the paragon group
MLS#:2562023
Source:NWMLS
1414 Tenth Avenue,Spokane, WA 99204
$849,000
  • - Beds
  • - Baths
  • 7,249 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$849,000
  • Price per sq. ft.:$117.12

About this home

10th Avenue Apartments is a seven-unit multifamily property located in Spokane’s historic Cliff/Cannon neighborhood on the lower South Hill. Offered at $849,000, or $121,286 per unit, the property provides immediate income at a 7.54% in-place cap rate with a path to an 8.02% pro forma cap rate. Four units have already been renovated, establishing a clear improvement standard for the three remaining unrenovated units. This defined renovation scope gives new ownership the opportunity to improve unit quality and increase rental income without undertaking a full property repositioning. The property is minutes from downtown Spokane, the Medical District, neighborhood parks, Huckleberry’s Natural Market, and other South Hill amenities. Its established residential location provides convenient access to major employers, shopping, recreation, and transit while supporting continued renter demand.

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Home facts

  • Year built:1909
  • Subdivision & Development:Spokane
  • Listing ID #:2562023
  • Updated:July 31, 2026 at 11:40 AM

Rooms and interior

  • Living area:7,249 sq. ft.

Heating and cooling

  • Heating:Radiators

Structure and exterior

  • Roof:Composition
  • Year built:1909
  • Building area:7,249 sq. ft.
  • Lot area:0.18 Acres
  • Construction Materials:Metal/Vinyl Exterior Finish

Schools

  • High school:Buyer To Verify
  • Middle school:Buyer To Verify
  • Elementary school:Buyer To Verify

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$849,000
  • Price per sq. ft.:$117.12
  • Tax amount:$4,993 (2026)

Parking

  • Total parking spaces:3
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