608 E Nora Ave, Spokane, WA 99207

Just a few blocks from Gonzaga University, this 5 bedroom, 2.5 bathroom investment property offers a prime opportunity to own a fully leased student rental in one of Spokane’s strongest rental markets. Currently leased for the 2026–2027 school year at $2,600/month gross rent, this property provides immediate income with consistent demand driven by its close proximity to campus. Updates include a new water heater, new carpet in the basement and updated bathroom tile. The home features spacious living areas, original hardwood floors, off-street parking, a 1-car garage, and a sprinkler system for easy exterior maintenance. Whether you’re expanding your portfolio or looking for a turnkey Gonzaga-area investment, this property checks all the boxes for location, functionality, and long-term rental appeal.