803 W Knox Ave Spokane, WA 99205
Fourplex with modern finishes, strong rental history, and income potential.
- Added:
- May 23, 2026
- Days on Market:
- 51
- Last Refresh:
- Jul 4 at 9:25 pm
Property Features for 803 W Knox Ave
General Information
- Standard status
- Active
- Size
- 4,400 SF
- Property subtype
- Multi Family Home
Building Details
- Year Built
- 2009
Listing office LT Real Estate
Listing date May 23, 2026
Source Clearwaterproperties
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of LT Real Estate
Investment Insights
Based on property information with market context.
Key Highlights
- Strong Income Potential: Gross Monthly Income $5,650, NOI $52,654.70, and a 7% Cap Rate.
- Centrally Located Fourplex with Consistent Rental Performance.
- Modern Finishes Throughout: LVP flooring, updated cabinetry, stainless steel appliances, modern fixtures, in‑unit laundry, and updated windows.
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 | $76.6k | $17.40 |
| − Vacancy | −$4.7k | −$1.06 |
| EGI | $71.9k | $16.34 |
| − OpEx | −$21.6k | −$4.90 |
| NOI | $50.3k | $11.44 |
