Log In/Sign Up
Your email has been sent.
8705 N Colton St
Spokane, WA 99218
Multifamily Property For Sale
·
4 Units
Investment Highlights
- Stainless Steel Appliances
- In-Unit Laundry
- Updated Vinyl Windows
Executive Summary
Exceptional investor or owner-occupant opportunity featuring a well-maintained fourplex in North Spokane within the desirable Mead School District. With strong rental history and quality updates throughout, this property offers excellent income potential and long-term value. Each unit features just under 1,000 SF with 2 bedrooms, 2 bathrooms, including a primary suite, plus LVP flooring, updated cabinetry, stainless steel appliances, updated vinyl windows, in-unit laundry, and individual A/C units. Residents also enjoy private balconies or porches, off-street parking, and detached garages for added convenience and income potential. Gross Monthly Income: $5,360. NOI: $51,453.83. Cap Rate: 7.1%. Potential to package 803 W Knox Ave and 1511-1517 W Euclid Ave for expanded investment opportunity.
Property Facts
| Price Per Unit | $251,792 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.21 AC |
| Cap Rate | 7.10% | Building Size | 3,920 SF |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1981 |
| Property Subtype | Apartment | Parking Ratio | 1.75/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | RMF | ||
| Price Per Unit | $251,792 CAD |
| Sale Type | Investment |
| Cap Rate | 7.10% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.21 AC |
| Building Size | 3,920 SF |
| No. Stories | 2 |
| Year Built | 1981 |
| Parking Ratio | 1.75/1,000 SF |
| Zoning | RMF |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1.5 | 4 | - | 900 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,322,534 CAD | |
| Land Assessment | $276,132 CAD | Total Assessment | $1,598,666 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$276,132 CAD
Improvements Assessment
$1,322,534 CAD
Total Assessment
$1,598,666 CAD
1 of 14
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
