613 W Knox Ave, Spokane, WA 99205
MULTI_FAMILY - Craftsman - Spokane, WA
- Added:
- Mar 5, 2026
- Days on Market:
- 101
- Last Refresh:
- Jun 14 at 1:06 pm
Property Features for 613 W Knox Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Bathroom 2, Bedroom 1, Bedroom 4, Bedroom 3, Bathroom 3, Bathroom 1, Bedroom 2
- Parking features
- Offsite
- Appliances
- Free-Standing Range, Refrigerator
- Standard status
- Active
- APN
- 35074.2611
- Size
- 2,444 SF
- Lot size
- 0.14 Acres
Utilities
- Heating system
- Forced Air
Building Details
- Year built
- 1905
- Floors in Building
- 2
- Number of units
- 3
- Building materials
- Steel Frame
- Roof type
- Composition
- Architectural style
- Craftsman
Listing agent Haydn Halsted License #139160 (855) 450-0442
Listing office REAL Broker LLC 1400 112th Ave SE, Ste 100, Bellevue, WA (855) 450-0442
Listing date Mar 5, 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
- 2,446 sq. ft. tri‑plex with 3 units and total monthly rent of $3,540
- 4 bedrooms and 3 bathrooms across the three units
- Fully occupied income‑producing property with updated leases
- Built in 1905 with Craftsman architectural style
- Steel frame construction with forced‑air heating and a composition roof
- Includes free‑standing range and refrigerator; offsite parking
Overview
Located at 613 W Knox Ave in Spokane, Washington 99205, the property is positioned near Spokane’s North Bank district. It is also described as being near downtown Spokane, giving tenants convenient access to employment centers as well as shopping, dining, and entertainment, while still benefiting from a quiet neighborhood setting.
This tri-plex format can appeal to both seasoned and first-time investors looking for a straightforward multifamily investment with established occupancy. With strong current rent performance and leases in place, it may be particularly suitable for buyers who want to minimize downtime and start earning right away. Consider this offering if you are expanding your portfolio or seeking a reliable cash-flow property in a desirable Spokane area.
Local Financial Insights For Multifamily LT 5
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 | $42.5k | $17.40 |
| − Vacancy | −$2.6k | −$1.06 |
| EGI | $39.9k | $16.34 |
| − OpEx | −$12.0k | −$4.90 |
| NOI | $28.0k | $11.44 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Spokane
- County
- Spokane
- State
- Washington
- Longitude
- -117.42107
- Latitude
- 47.676546
