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.
Key Features
- Built in 1899
- 0.16 acre lot
Property Details
Amenities
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.
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 $5,214 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
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.