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South Hill Multifamily Portfolio 11 Multifamily Properties Offered at $15,323,668 CAD in Spokane, WA

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Investment Highlights

  • Rental Income of $101,738/month
  • On Site Laundry Facilities at Each Property
  • Walking Distance to Restaurants, Shopping & Parks
  • Great Locations Close to I-90
  • Recently Updated Units & Upside on Rents

Executive Summary

·12 South Hill Apartment Buildings
·93 Units
·Rental Income of $101,738/month
·Great Locations Close to I-90
·On Site Laundry Facilities at Each Property
·Recently Updated Units & Upside on Rents
·Walking Distance to Restaurants, Shopping & Parks
This portfolio of distinctive, character-filled buildings sits in Spokane’s historic Lower South Hill, a neighborhood that first rose to prominence over 120 years ago as an enclave of stately homes crafted with the finest materials. Today, each property in this collection preserves that legacy of quality while offering modern conveniences.
Situated just minutes from Sacred Heart and Deaconess hospitals, Fairchild Air Force Base, and downtown’s thriving business district, these assets enjoy seamless access to Spokane’s major east–west freeways and the north–south corridors of Maple and Monroe. Tenants appreciate the peace of mind that comes with minimal deferred maintenance, backed by our dedicated full-time maintenance team, and clear community guidelines—no parties, no loud music, no smoking—that help foster long-term residency and respectful living.
With strong rental demand, and buildings that truly stand out, this portfolio isn’t just a collection of properties—it’s a strategic investment in Spokane’s most desirable residential market. Take a look at the Spokane City Crime Map for an on-the-ground view of why the South Hill continues to outperform.

Property Facts

Price $15,323,668 CAD
Price / SF $203.64 CAD / SF
Cap Rate 7.43%
Sale Type Investment
Status Active
Number of Properties 11
Individually For Sale 10
Total Building Size 75,247 SF
Total Land Area 2.38 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
1204 W 8th Ave, Spokane, WA 99204 Multifamily 12,157 SF 1907 $2,274,851 CAD
1818 W 8th Ave, Spokane, WA 99204 Multifamily 10,548 SF 1910 $1,629,744 CAD
2015 W 10th Ave, Spokane, WA 99204 Multifamily 10,455 SF 1959 -
1428 W 10th Ave, Spokane, WA 99204 Multifamily 7,524 SF 1909 $1,765,556 CAD
903 S Adams St, Spokane, WA 99204 Multifamily 6,104 SF 1917 $1,356,762 CAD
1733 W 10th Ave, Spokane, WA 99204 Multifamily 5,750 SF 1912 $1,188,355 CAD
1424 W 10th Ave, Spokane, WA 99204 Multifamily 4,984 SF 1911 $1,356,762 CAD
927 S Adams St, Spokane, WA 99204 Multifamily 4,798 SF 1909 $916,731 CAD
1828 W 9th Ave, Spokane, WA 99204 Multifamily 4,353 SF 1908 $984,637 CAD
2002 W 8th Ave, Spokane, WA 99204 Multifamily 4,296 SF 1910 $794,500 CAD
2003 W 10th Ave, Spokane, WA 99204 Multifamily 4,278 SF 1900 $780,919 CAD
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  • Listing ID: 34836599

  • Date on Market: 2025-02-14

  • Last Updated:

  • Address: South Hill Multifamily Portfolio, Spokane, WA

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