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10003 E 9th Ave, Spokane Valley, WA 99206

  • $775,000

  • bed

  • bath

  • 5,304

    Sqft ($146/Sqft)

Multi-family for sale 6 days
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About 10003 E 9th Ave

Property type Multi-family
Neighborhood
Year built 1915
HOA fee $0/month
Lot size 7,499 Sqft
Movoto estimate
Rental estimate
Property description
Well-maintained and continuous upgrades made to this 7-unit apartment building in the heart of Spokane Valley. This property is offering stable cash flow and long-term investment potential. Cared for by the same family for many years and features a desirable unit mix of 2 bedrooms and 1 bedrooms units that have had significant upgrades—all currently occupied with a strong rental history. The property is generating approximately $6,820 in monthly rental income, while the pro forma supports a projected 6+% cap rate through simple market rent adjustments. A common laundry room in the basement provides additional income potential and added convenience for residents. Investors will appreciate the pride of ownership, low-maintenance operation, and the benefits of owning in Spokane Valley, including friendlier landlord regulations, lower utility costs, and consistently strong rental demand. A quality, turnkey asset with both dependable income and future upside.
Listed by
Listing Agent - Jeff Hornberger
Listing Office - The Hornberger Group, LLC
Source: SAR MLS mls logo
MLS#202621077 • last updated 11 hours ago
Movoto checked SAR MLS for data 3 minutes ago
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Overview
Heating Ductless
Levels/Style 3, Other
Living Area 5304
Type Residential Income
Lot Size (Acres) 0.17
Year Built 1915
Interior
Basement Partial, Partially Finished, Laundry
Appliances Free-Standing Range, Dishwasher, Refrigerator
Exterior
Construction Siding, Wood Siding
Roof Composition
Parking Desc None
Lot Desc Cross Fncd, Sprinkler - Automatic, Level, Corner Lot, City Bus (w/in 6 Blks)
Location
View Territorial
County Spokane
Elem School District Central Valley
Elementary School University
High School University
Middle School Bowdish
Multifamily Details
Total # Of Units 7
Lot/ Land Details
Road Frontage City Street, Paved Road
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Source: GreatSchools.org © 2026. All rights reserved.

Around A110/076

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Walk
82/100
Family
60/100
Dining
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  • Real Estate
  • WA
  • Spokane County
  • Spokane Valley
  • 99206
  • 10003 E 9th Ave

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