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South Hill Multifamily Portfolio 13 Multifamily Properties Offered at $20,592,430 CAD in Spokane, WA

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INVESTMENT HIGHLIGHTS

  • Rental Income of $121,873/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

·15 South Hill Apartment Buildings
·112 Units
·Rental Income of $121,873/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 Addresses:
1103 W 9th Spokane, WA 99204 | 912 S Madison Spokane, WA 99204 | 927 S Adams Spokane, WA 99204 | 1424 W 10th Spokane, WA 99204 | 1428 W 10th Ave Spokane, WA 99204 | 1733 W 10th Ave Spokane, WA 99204 | 1828 W 9th Ave Spokane, WA 99204 | 901 S Lincoln St Spokane, WA 99204 | 1627 W 7th Ave Spokane, WA 99204 | 2003 W 10th Ave Spokane, WA 99204 | 2002 W 8th Ave Spokane, WA 99204 | 1204 W 8th Ave/720 S Jefferson St Spokane, WA 99204 | 903 South Adams St Spokane, WA 99204 | 2015 West 10th Ave Spokane, WA 99204

PROPERTY FACTS

Price $20,592,430 CAD
Price / SF $236.35 CAD / SF
Cap Rate 7.13%
Sale Type Investment
Status Under Contract
Number of Properties 13
Individually For Sale 12
Total Building Size 87,127 SF
Total Land Area 3.11 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
1204 W 8th Ave, Spokane, WA 99204 Multifamily 12,157 SF 1907 $2,420,932 CAD
1103 W 9th Ave, Spokane, WA 99204 Multifamily 10,568 SF 1971 $1,798,407 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 $1,832,992 CAD
901 S Lincoln St, Spokane, WA 99204 Multifamily 6,740 SF 1890 $1,798,407 CAD
903 S Adams St, Spokane, WA 99204 Multifamily 6,104 SF 1917 $1,625,483 CAD
1733 W 10th Ave, Spokane, WA 99204 Multifamily 5,750 SF 1912 $1,334,971 CAD
1627 W 7th Ave, Spokane, WA 99204 Multifamily 5,120 SF 1956 $1,303,153 CAD
1424 W 10th Ave, Spokane, WA 99204 Multifamily 4,984 SF 1911 $1,521,729 CAD
927 S Adams St, Spokane, WA 99204 Multifamily 4,798 SF 1909 $1,009,162 CAD
1828 W 9th Ave, Spokane, WA 99204 Multifamily 4,353 SF 1908 $1,037,542 CAD
2002 W 8th Ave, Spokane, WA 99204 Multifamily 4,296 SF 1910 $899,203 CAD
2003 W 10th Ave, Spokane, WA 99204 Multifamily 4,278 SF 1900 $830,034 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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