About This Home

This 1-bedroom, 2-bathroom residential multi family at 1119 W Augusta Ave in Spokane, WA is listed for $830,500 ($193 per sqft). Built in 1905, the home offers 4,309 sqft of living space on a 0.14 acres lot.

Key Features

  • Built in 1905
  • 0.14 acre lot
  • 2 stories
  • 10 parking spaces

Property Details

2 stories
2 full
10 spaces
1905

Amenities

A/C
Listing Description

High-Yield Multifamily Opportunity in Spokane! This fully renovated 8-unit apartment building offers investors an exceptional 9.66% CAP Rate in a high-demand rental market. Every unit has been updated, significantly reducing immediate capital expenditure risk and supporting a "turn-key" ownership experience.

The property's desirability is proven by its recent performance. Introducing a turnkey fully renovated, centrally located 8-unit multi-family nestled in the heart of Spokane. This historic property exudes old-world charm and presents an attravtive investment opportunity.

With alley access , there's ample off-street parking, a significant asset in any urban setting. A shared laundry facility adds conveniece for residence and separately metered units allow for straightforward utility management. Its proximity to downtown and Kendall Yards makes it an attractive choice for those desiging central, vibrant living. Don't miss this opportunity to invest in a piece of Spokane's history with excellent return

Monthly Cost Estimate

$4,442/mo

20% down · 6.5% · 30 years

Principal$601
Interest$3,599
Insurance$242

Estimates only. Actual payments may vary.

Location

1119 W Augusta Ave

Spokane, WA 99205

Features & Amenities

Interior Features

Hot WaterHigh Speed Internet

Property Details

Construction

Stone Veneer Wood Siding

Parking

OffsiteAlley

Heating

Electric (Heating)Ductless (Heating)

Cooling

Window Unit(s)

Appliances

Gas RangeRefrigerator

Questions & Answers

This 1-bedroom, 2-bathroom residential multi family at 1119 W Augusta Ave is listed at $830,500 ($193/sqft). The estimated monthly payment is $4,441 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1905, 0.14 acre lot, 2 stories, 10 parking spaces. Interior Features: Hot Water, High Speed Internet.

This property is listed by Jessica Morales.

JM

Jessica Morales

Agent at EXIT Real Estate Professionals

Listed by EXIT Real Estate Professionals · Broker phone: (509) 535-8400 · View on Broker Site · Broker website

MLS# 202622104· Source: Spokane Association of REALTORS®· 84 days on PropertySimple

Copyright © 2026 Spokane Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1119 W Augusta Ave, Spokane, WA 99205

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