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 and can be reached at 5094966922.

JL

Jordan Lester

License 1271842

Agent at SVN Cornerstone Commercial

(509) 496-6922

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

MLS# 26-2798· Source: Coeur d'Alene Multiple Listing Service· 108 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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