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City-Block Apartment Community

1608 E Mission Ave Spokane, WA 99202

1608 E Mission Ave, Spokane, WA, 99202
$2,780,000
For Sale
$2,780,000

Full city block with 29 rental units, updated exterior improvements, and on-site laundry.

Days on Market27

Property Features for 1608 E Mission Ave

General Information

Standard status
Active
Property subtype
Multifamily

Building Details

Year Built
1961
Listing agency SVN | Cornerstone
Listed by Matthew Byrd · License #WA #44400
Source Svncornerstone
Added: Jun 25 Updated: Jul 21 at 5:11AM Checked: Jul 21 at 5:11AM

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 SVN | Cornerstone


Investment Insights

Based on property information with market context.

This property includes a full city block with 29 rental units. Updates noted include vinyl windows, metal siding, and an updated membrane roof, along with on-site laundry for residents.

The community is located less than 1 mile to Gonzaga University, is situated on the Spokane River, and is across the street from Stevens Elementary School.

The offering also describes potential for redevelopment, including building an additional 20 to 27 units on approximately 29,000 SF of developable land. The duplex and single-family residence on the site would be removed to allow for this development.

Key Highlights

  • Full city block with 29 rental units in a multi‑unit complex
  • Vinyl windows and metal siding plus an updated membrane roof
  • On‑site laundry included for residents

Property Analytics

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Dental Office Real Estate Agency Hair Salon Nail Salon Bakery (Bike/Boat/Book/etc) Store Pharmacy Catering Service Computer & Electronic Repair

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Full city block with 29 rental units, updated exterior improvements, and on-site laundry.
Where is this apartment building located?
The property is located at 1608 E Mission Ave Spokane, WA.
What is the asking price?
The asking price for this property is $2,780,000.
What are key features of this property?
This property features: Full city block with 29 rental units in a multi‑unit complex; Vinyl windows and metal siding plus an updated membrane roof; On‑site laundry included for residents
Contact an agent
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