About This Home
This 4-bedroom, 3-bathroom residential multi family at 1112 S ASH St in Spokane, WA is listed for $449,900 ($225 per sqft). Built in 1906, the home offers 2,002 sqft of living space on a 0.06 acres lot.
Key Features
- Built in 1906
- 0.06 acre lot
- 2 stories
- Fireplace
Property Details
Amenities
Cash-Flowing Triplex with Value-Add Potential! Fully occupied and producing $3,275 per month in gross rental income ($39,300 annually), this investment property offers immediate returns and long-term upside. The unit mix includes one 2-bedroom unit and two 1-bedroom units with established rents of $1,400, $1,000, and $875 per month.
Great South hill location! Investors will appreciate the opportunity to further increase returns through future rent adjustments, property enhancements, improved operational efficiencies, and potential basement unit expansion. With tenants already in place and income from day one, this property checks the boxes for investors seeking both stability and growth.
New roof in 2019 and new vinyl windows in 2025. Rare opportunity to acquire a performing asset with existing cash flow and multiple strategies for increasing value and maximizing ROI. Showings available with accepted offer. AI was used to remove tenant personal items. Buyer and buyer's agent to verify all information.
Monthly Cost Estimate
$2,406/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1112 S ASH St
Spokane, WA 99204
Property Details
Construction
Heating
Cooling
Appliances
Questions & Answers
This 4-bedroom, 3-bathroom residential multi family at 1112 S ASH St is listed at $449,900 ($225/sqft). The estimated monthly payment is $2,406 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1906, 0.06 acre lot, 2 stories, Fireplace.
This property is listed by Chris Patton and can be reached at (509) 489-7000.