Description
4-PLEX in CANNON HILL! The unit count comprises of 2-One Bedroom, and 2-Studio apartments, creating an investment opportunity for owner-occupied financing; AND through the Spokane Historic Preservation Office, qualifies for the Special Valuation Tax Incentive. Projected 6.5% - 7% untrended cap rate. Permitted from residence to apartments in conjunction with the Federal Government to provide housing for troops returning from WWII. 3-D tour available on Zillow. Not only is this an unbeatable location near parks, bluff trails, South Hill and Downtown amenities, it’s a great addition to any investment portfolio!
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0BEDS
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0.16ACRES
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0BATHS
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01/2 BATHS
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2,660SQFT
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$182$/SQFT
School Information
Description
4-PLEX in CANNON HILL! The unit count comprises of 2-One Bedroom, and 2-Studio apartments, creating an investment opportunity for owner-occupied financing; AND through the Spokane Historic Preservation Office, qualifies for the Special Valuation Tax Incentive. Projected 6.5% - 7% untrended cap rate. Permitted from residence to apartments in conjunction with the Federal Government to provide housing for troops returning from WWII. 3-D tour available on Zillow. Not only is this an unbeatable location near parks, bluff trails, South Hill and Downtown amenities, it’s a great addition to any investment portfolio!
© 2026 of Spokane Association of REALTORS® MLS. All rights reserved. Listing information courtesy of Spokane Association of REALTORS® MLS. IDX data is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the SARMLS. Data last updated 2026-01-14T12:20:33.907.