1011 E Augusta Ave Spokane, WA 99207
MULTI_FAMILY - Craftsman - Spokane, WA
- Added:
- May 6, 2026
- Days on Market:
- 68
- Last Refresh:
- Jul 12 at 4:06 am
Property Features for 1011 E Augusta Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 1
- Rooms
- Bathroom 1, Bedroom 1, Bedroom 2, Bedroom 4, Bedroom 3, Laundry Room, Utility Room
- Parking
- 4
- Parking features
- Alley
- Window features
- Vinyl Frames
- Interior features
- Hot Water
- Basement
- Partial, Unfinished
- Appliances
- Free-Standing Range, Refrigerator
- Standard status
- Active
- APN
- 35084.3313
- Size
- 1,860 SF
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2685
Utilities
- Heating system
- Forced Air, Natural Gas
Building Details
- Year built
- 1904
- Floors in Building
- 2
- Number of units
- 1
- Building materials
- Wood Siding
- Roof type
- Composition
- Architectural style
- Craftsman
Listing agent Bryan Swanson License #102133 (509) 458-4000
Listing office Keller Williams Spokane - Main 534 E Spokane Falls Blvd Suite 300, Spokane, WA (509) 458-4000
Listing date May 6, 2026
Copyright © 2026 Spokane Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located in the Gonzaga area, the property is described as only a handful of blocks from Gonzaga University. It is also noted to be conveniently near Safeway and McDonald’s.
The property is positioned for investors or owner-occupants seeking a rental home with a straightforward, tenant-friendly configuration. The current tenancy is noted as being rented to GU students for the past 20 years. Outdoor amenities include a fenced yard and an inground sprinkler system, and the exterior received a brand-new paint job last summer.
Key Highlights
- 4‑bedroom, 1‑bath home with 3 main‑floor bedrooms and an additional 4th bedroom plus secondary living room upstairs
- Huge enclosed front porch adds finished indoor space for storage (bikes and gear)
- Butler’s pantry off the entry and kitchen with tile floors
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $35.9k | $19.32 |
| − Vacancy | −$2.3k | −$1.24 |
| EGI | $33.6k | $18.08 |
| − OpEx | −$15.1k | −$8.14 |
| NOI | $18.5k | $9.95 |
