3123 E Carlisle Avenue, Spokane, WA 99207
Local realty services provided by:Tucker Realty ERA Powered
Listed by: peter clark
Office: the paragon group
MLS#:2562067
Source:NWMLS
3123 E Carlisle Avenue,Spokane, WA 99207
$850,000
- - Beds
- - Baths
- 5,760 sq. ft.
- Multi-family
- Active
Price summary
- Price:$850,000
- Price per sq. ft.:$147.57
About this home
3123-3125 E Carlisle Ave is a fully renovated 7-unit multifamily property in Spokane. The property features a uniform two-bedroom, one-bathroom unit mix, providing operational simplicity and broad tenant appeal. With updated interiors, stabilized occupancy, and limited near-term capital needs, the asset offers immediate cash flow supported by straightforward day-to-day operations. The property is located in a tight residential pocket of east Spokane with convenient access to nearby employment, education, transportation, and recreation drivers. Tenants benefit from proximity to grocery stores, dining, parks, public transit, and major arterials, while investors benefit from a concentrated comp set supported by recent sales, new construction, and active investment within the immediate area. This localized momentum helps distinguish the property from the broader Southeast Spokane market and reinforces demand for well-maintained rental housing in the submarket. As Spokane continues to grow, the area surrounding E Carlisle Ave is positioned to benefit from ongoing infrastructure improvements, including the continued development of the North-South Corridor. The combination of high occupancy, updated condition, straightforward two-bedroom floorplans, and remaining upside through rent adjustments and utility reimbursement creates a durable small-balance multifamily opportunity....
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Home facts
- Year built:1979
- Subdivision & Development:Spokane
- Listing ID #:2562067
- Updated:September 17, 2026 at 11:33 AM
Rooms and interior
- Living area:5,760 sq. ft.
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Roof:Composition
- Year built:1979
- Building area:5,760 sq. ft.
- Lot area:0.18 Acres
- Construction Materials:Metal/Vinyl Exterior Finish
Schools
- High school:North Central High
- Middle school:Buyer To Verify
- Elementary school:Logan Elem
Utilities
- Water:Public
- Sewer:Sewer Connected
Finances and disclosures
- Price:$850,000
- Price per sq. ft.:$147.57
- Tax amount:$8,942 (2026)
Parking
- Total parking spaces:12
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