1815 W 10th Ave, Spokane, WA 99204
MULTI_FAMILY - Bungalow - Spokane, WA
- Added:
- Jun 17, 2026
- Days on Market:
- 3
- Last Refresh:
- Jun 19 at 3:06 am
Property Features for 1815 W 10th Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bathroom 2, Bedroom 2, Bathroom 1, Bedroom 1, Bedroom 3, Bathroom 3, Bedroom 4, Bathroom 4
- Parking
- 2
- Parking features
- Alley, Offsite
- Interior features
- High Speed Internet
- Fireplace
- 1
- Basement
- Full, Walk-Out Access, Daylight, Finished
- Appliances
- Free-Standing Range, Dishwasher, Refrigerator, Microwave
- Standard status
- Active
- APN
- 25244.1803
- Size
- 2,925 SF
- Lot size
- 0.14 Acres
Utilities
- Heating system
- Ductless (Heating)
Building Details
- Year built
- 1947
- Floors in Building
- 1
- Number of units
- 4
- Flooring type
- Wood
- Building materials
- Wood Siding
- Roof type
- Composition
- Architectural style
- Bungalow
Listing agent Khalil Beznaiguia License #79117 (509) 747-1051
Listing office Windermere Manito, LLC 2829 S GRAND BLVD STE 101, Spokane, WA (509) 747-1051
Listing date Jun 17, 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
- Turnkey fourplex with four 1‑bedroom, 1‑bath units (approximately 700+ SF each).
- Interior improvements completed on an ongoing basis from 2007 through 2025, including updated flooring, paint, finishes, and appliances.
- Major capital updates include new windows (2007), screen doors (2008), lawn sprinklers and cyclone fencing (2018), and rear hallway carpet (2019).
- Exterior updates include exterior painting and a brand new roof (2026).
- Ductless heating, wood siding, and composition roof; high‑speed internet is available.
- Appliances include free‑standing range, dishwasher, refrigerator, and microwave; fireplace is listed as present.
Overview
Located in Spokane’s South Hill area, the property is described as being just minutes from hospitals and downtown. The lot size is approximately 0.1446 acres.
The four-unit configuration offers a practical fit for investors seeking a small, maintained income property or for buyers who want the option to occupy part of the building while renting the remaining units. With documented updates spanning multiple years, the property is positioned as a straightforward option for ownership with a clear record of upkeep.
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 | $50.9k | $17.40 |
| − Vacancy | −$3.1k | −$1.06 |
| EGI | $47.8k | $16.34 |
| − OpEx | −$14.3k | −$4.90 |
| NOI | $33.5k | $11.44 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Spokane
- County
- Spokane
- State
- Washington
- Longitude
- -117.439875
- Latitude
- 47.646106
