808 E Mission Ave Spokane, WA 99202
MULTI_FAMILY - Ranch - Spokane, WA
- Added:
- Jun 5, 2026
- Days on Market:
- 38
- Last Refresh:
- Jul 12 at 4:06 am
Property Features for 808 E Mission Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Single Family Residence
- Bedrooms
- 5
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bedroom 4, Bedroom 3, Bedroom 2, Bedroom 5, Basement, Bathroom 1, Bedroom 1
- Parking features
- Alley
- Window features
- Wood Frames
- Patio and Porch features
- Patio
- Interior features
- High Speed Internet, Natural Woodwork
- Fireplace
- 1
- Basement
- Finished, Walk-Out Access, Full
- Appliances
- Free-Standing Range, Dishwasher, Refrigerator, Washer, Dryer
- Standard status
- Pending
- APN
- 35171.0306
- Size
- 2,600 SF
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3899
Utilities
- Heating system
- Natural Gas, Forced Air
Building Details
- Year built
- 1928
- Floors in Building
- 1
- Number of units
- 1
- Flooring type
- Wood
- Building materials
- Brick
- Roof type
- Composition
- Architectural style
- Ranch
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 Jun 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.
Investment Insights
Based on property information with market context.
Located in Spokane’s Logan neighborhood on the south side of Mission Avenue, the property is described as only a few blocks from Gonzaga University. The setting supports a tenant base aligned with the university area, with nearby demand tied to student housing needs.
For buyers seeking a manageable residential income asset, the existing five-bedroom layout provides immediate functionality for rental use. The seller notes the property would be easy to make into a 6-bed, 2-bath configuration, offering a potential path to reconfigure the space while keeping the character of the ranch design. With appliances included and a recently installed roof, this home may appeal to investors or owner-operators looking for a straightforward residential rental setup.
Key Highlights
- Single‑family brick ranch built in 1928 with 5 bedrooms and a basement
- Fireplace and natural woodwork with wood flooring
- Heating includes natural gas forced air; composition shingle roof
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 | $50.2k | $19.32 |
| − Vacancy | −$3.2k | −$1.24 |
| EGI | $47.0k | $18.08 |
| − OpEx | −$21.2k | −$8.14 |
| NOI | $25.9k | $9.95 |
