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About This Home
This 12-bedroom, 4-bathroom residential multi family at 303 E Augusta Ave in Spokane, WA is listed for $975,000 ($230 per sqft). Built in 1899, the home offers 4,234 sqft of living space on a 0.16 acres lot.
An exceptional investment opportunity just blocks from Gonzaga University. This student rental property includes two attached homes with strong rental history and leases secured for the 2026-2027 school year, generating $6,490/month in gross income. The front home is a character-filled 1899 Craftsman offering 5 bedrooms and 2 bathrooms.
Attached behind, the newer 2006-built residence features 7 bedrooms and 2 bathrooms designed for high-demand student living. The property also includes a 3-car garage, off-street parking, and a highly walkable location near campus. A rare chance to own a turnkey income-producing property in one of Spokane's most consistent rental corridors.
Key Features
- Built in 1899
- 0.16 acre lot
Property Details
Amenities
Monthly Cost Estimate
$5,215/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
303 E Augusta Ave
Spokane, WA 99207
Property Details
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 12-bedroom, 4-bathroom residential multi family at 303 E Augusta Ave is listed at $975,000 ($230/sqft). The estimated monthly payment is $4,225 based on 20% down at 6.5% interest.
Key features include: Built in 1899, 0.16 acre lot.
This property is listed by Holly Stockton and can be reached at (360) 339-5093 or holly@hollystockton.com.