2214 W Northwest Blvd, Spokane, WA 99204
MULTI_FAMILY - Spokane, WA
- Added:
- Jun 26, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 27 at 2:06 pm
Property Features for 2214 W Northwest Blvd
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bedroom 4, Bathroom 2, Bathroom 4, Bedroom 1, Bathroom 3, Bedroom 2, Bedroom 3, Bathroom 1
- Parking
- 6
- Parking features
- Offsite, Alley
- Interior features
- Hot Water
- Appliances
- Free-Standing Range, Refrigerator
- Standard status
- Active
- APN
- 25122.1606
- Size
- 2,832 SF
- Lot size
- 0.22 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4135
Utilities
- Heating system
- Electric (Heating), Baseboard
Building Details
- Year built
- 1939
- Number of units
- 6
- Building materials
- Stucco
- Roof type
- Composition
Listing agent Lenae Thornton (509) 458-4000
Listing office Keller Williams Spokane - Main 534 E Spokane Falls Blvd Suite 300, Spokane, WA (509) 458-4000
Listing date Jun 26, 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.
HighLights
- Fully occupied 6‑plex with single‑level 1 bed / 1 bath units
- On‑site laundry facilities for residents
- Tenant storage available in the basement
- Off‑street parking with alley access
- Built in 1939 with stucco exterior and a composition roof
- Electric baseboard heating; hot water and included appliances such as refrigerator and free‑standing range
Overview
The building is located at 2214 W Northwest Blvd in Spokane, Washington 99204, in Spokane County. Public remarks describe the area as convenient to shopping, dining, and everyday amenities, supporting tenant desirability for day-to-day needs.
For buyers seeking a residential income property with existing occupancy, this setup offers an operational, low-complexity unit mix of 1 bed/1 bath homes across a compact 6-plex footprint. Tenant-focused conveniences such as on-site laundry, basement storage, and off-street parking are already in place, which can help streamline tenant experience for the broad base that typically values efficient layouts. The property is being offered for sale as a fully leased multifamily investment.
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 | $54.7k | $19.32 |
| − Vacancy | −$3.5k | −$1.24 |
| EGI | $51.2k | $18.08 |
| − OpEx | −$23.0k | −$8.14 |
| NOI | $28.2k | $9.95 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Spokane
- County
- Spokane
- State
- Washington
- Longitude
- -117.445338
- Latitude
- 47.683739
