1808 W Augusta Ave Spokane, WA 99205
MULTI_FAMILY - Craftsman - Spokane, WA
- Added:
- Jul 9, 2026
- Days on Market:
- 3
- Last Refresh:
- Jul 11 at 4:06 am
Property Features for 1808 W Augusta Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Basement, Bedroom 1, Bedroom 6, Bedroom 3, Bedroom 2, Bedroom 5, Bedroom 4, Bathroom 1, Bathroom 2
- Parking features
- Offsite, Alley
- Patio and Porch features
- Deck, Patio
- Interior features
- Hot Water
- Basement
- Walk-Out Access, Partial, Unfinished
- Appliances
- Free-Standing Range, Dishwasher, Refrigerator, Washer, Dryer
- Standard status
- Active
- APN
- 25124.1715
- Size
- 2,084 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3512
Utilities
- Heating system
- Natural Gas, Hot Water(Heating), Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1907
- Number of units
- 1
- Building materials
- Vinyl Siding
- Roof type
- Composition
- Architectural style
- Craftsman
Listing agent Cody Fenske License #SP54854 (360) 339-5093
Listing office eXp Realty, LLC 601 W 1st Ave Ste 1400, Seattle, WA (888) 317-5197
Listing date Jul 9, 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.
The home is located at 1808 W Augusta Ave in Spokane, WA 99205 (Spokane County). According to the current setup, all tenants are on flexible month-to-month leases, which can simplify tenant turnover and operational adjustments compared with fixed-term arrangements.
For buyers or investors seeking a small residential income property, the current configuration provides a practical structure for leasing individual rooms while maintaining shared interior spaces. The offering is presented as available for purchase individually or as part of a larger rental portfolio, depending on the buyer’s acquisition plan.
Key Highlights
- 6‑bedroom, 2.5‑bathroom home currently rented by the room with private bedrooms and shared kitchen, bathrooms, and living areas
- Tenants are on flexible month‑to‑month leases
- Heating includes natural gas with forced air and hot water (heating); central air cooling
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 | $40.3k | $19.32 |
| − Vacancy | −$2.6k | −$1.24 |
| EGI | $37.7k | $18.08 |
| − OpEx | −$17.0k | −$8.14 |
| NOI | $20.7k | $9.95 |
