About This Home

This 16-bedroom, 0-bathroom residential multi family at 418 E Mission Ave in Spokane, WA is listed for $1,050,000 ($175 per sqft). Built in 1905, the home offers 6,000 sqft of living space on a 0.16 acres lot.

Key Features

  • Built in 1905
  • 0.16 acre lot

Property Details

1905
Listing Description

SVN Cornerstone is pleased to present the Villa Maria Apartments for sale located at 418 E Mission Ave in Spokane's Logan neighborhood. The Villa Maria Apartments consist of a 15 bedroom shared housing residence with five bathrooms. The property features a large shared kitchen, furnished common living areas, a common laundry room with two washers and two dryers, and five off street parking spaces.

- Recent capital improvements include fully furnished bedrooms, upgraded copper electrical wiring, a newer asphalt shingle roof, double pane windows, and a high-efficiency gas water heater. - Prime Logan neighborhood location within walking distance of Gonzaga University, downtown Spokane, shopping, dining, and major employers.

- All bedrooms and common areas are fully furnished, allowing for seamless leasing and making this a turnkey investment. - Affordable by the room housing attracts a stable tenat base primarily consisting of students. - Residential Utility Billing

Monthly Cost Estimate

$5,616/mo

20% down · 6.5% · 30 years

Principal$759
Interest$4,550
Insurance$306

Estimates only. Actual payments may vary.

Location

418 E Mission Ave

Spokane, WA 99202

Central

Property Details

Construction

Wood Siding Frame

Heating

Forced AirNatural Gas

Questions & Answers

This 16-bedroom, 0-bathroom residential multi family at 418 E Mission Ave is listed at $1,050,000 ($175/sqft). The estimated monthly payment is $5,615 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1905, 0.16 acre lot.

This property is listed by Jordan Lester.

JL

Jordan Lester

License 1271842

Agent at SVN Cornerstone Commercial

Listed by SVN Cornerstone Commercial · Broker phone: 5093212000 · View on Broker Site

MLS# 26-2798· Source: Coeur d'Alene Multiple Listing Service· 211 days on PropertySimple

Copyright © 2026 Coeur d'Alene Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

418 E Mission Ave, Spokane, WA 99202

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