1847 E Marshall Ave, Spokane, WA 99207
MULTI_FAMILY - Spokane, WA
- Added:
- May 1, 2026
- Days on Market:
- 58
- Last Refresh:
- Jun 27 at 4:06 pm
Property Features for 1847 E Marshall Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 8
- Bathrooms
- 4
- Rooms
- Bedroom 5, Bedroom 3, Bedroom 1, Bedroom 4, Bathroom 4, Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 6, Bedroom 7, Bedroom 8, Bathroom 3
- Parking features
- Carport, Alley
- Basement
- Crawl Space
- Appliances
- Free-Standing Range, Dishwasher, Refrigerator
- Standard status
- Active
- APN
- 35093.2711
- Size
- 3,032 SF
- Lot size
- 0.19 Acres
Taxes and HOA fees
- Tax Annual Amount
- 5410
Utilities
- Heating system
- Electric (Heating), Baseboard
- Cooling system
- Window Unit(s)
Building Details
- Year built
- 1969
- Floors in Building
- 2
- Number of units
- 4
- Building materials
- Masonite
- Roof type
- Composition
Listing agent Kelly Hewson (509) 458-4000
Listing office Keller Williams Spokane - Main 534 E Spokane Falls Blvd Suite 300, Spokane, WA (509) 458-4000
Listing date May 1, 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
- 4‑plex built in 1969 with four 2‑bedroom, 1‑bath units (approx. 750 SF each)
- Seller updates include new roof in 2025, new siding and vinyl windows installed in 2018, and 5 newer hot water heaters
- Washer and dryer installed in 2023 (shared by complex; not coin‑operated)
- Each unit has a carport and there are 4 storage units on site
- Unit #3 features an updated kitchen, LVP flooring, and an updated bathroom with a tile shower
- Close to Spokane River, Witter Aquatic Center, Centennial Trail, Mission Park, Gonzaga University, Spokane Community College, and Downtown Spokane
Overview
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 | $52.8k | $17.40 |
| − Vacancy | −$3.2k | −$1.06 |
| EGI | $49.5k | $16.34 |
| − OpEx | −$14.9k | −$4.90 |
| NOI | $34.7k | $11.44 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Spokane
- County
- Spokane
- State
- Washington
- Longitude
- -117.383059
- Latitude
- 47.672963
