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About This Home
This 4-bedroom, 2-bathroom residential multi family at 1217 E Indiana Ave in Spokane, WA is listed for $349,000 ($177 per sqft). Built in 1907, the home offers 1,974 sqft of living space on a 0.15 acres lot.
Leased for the 2026-2027 school year, this Gonzaga investment property offers immediate income potential just blocks from campus. The 4 bedroom, 2 bathroom home features recent updates including newer appliances, a spacious primary suite with a 5-piece en suite bathroom, and functional living spaces designed for student housing.
Outside, enjoy a sprinkler system and a detached 2-car garage. Currently generating $1,950/month in gross rent, this is a strong opportunity for investors looking to expand their portfolio in one of Spokane's most consistent rental markets.
Key Features
- Built in 1907
- 0.15 acre lot
Property Details
Monthly Cost Estimate
$1,867/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1217 E Indiana Ave
Spokane, WA 99207
Property Details
Construction
Pool Features
Parking
Heating
Appliances
Questions & Answers
This 4-bedroom, 2-bathroom residential multi family at 1217 E Indiana Ave is listed at $349,000 ($177/sqft). The estimated monthly payment is $1,512 based on 20% down at 6.5% interest.
Key features include: Built in 1907, 0.15 acre lot.
This property is listed by Holly Stockton and can be reached at (360) 339-5093 or holly@hollystockton.com.
