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Two-Property Multifamily Portfolio
For Sale
$995,000
Pending

2003 10th, Spokane, WA 99204

For sale portfolio of two well-maintained multifamily properties totaling 10 units with on-site laundry and off-street parking.

Property SizeContact for details
Days on Market60

Property Features for 2003 10th

General Information

Standard status Pending
Property subtype Multi Family Home

Additional Details

Highway Access Yes
Multifamily Units 10

Amenities

Garage: Off Site
Garage Spaces: 2
Off Site
2

Building Details

Year Built 1900
Tenancy Multi
Listing Agency: LT Real Estate
Listed By: Ryan Towner · License #24027253
Source: Clearwaterproperties
Added: Jul 4 Changed: Aug 31 Last Checked: Aug 31 at 1:43PM

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.

This for-sale portfolio includes two well-maintained income-producing multifamily properties totaling 10 units. The units reflect a mix of historic character and modern updates, with interior features such as natural woodwork, hardwood floors, and high ceilings, along with classic architectural details. Tenants have access to on-site laundry facilities, along with off-street parking and detached garages.

The properties are located in the South Hill area of Spokane, with walking access to parks and local neighborhood amenities including restaurants, coffee shops, and shopping. The location also provides quick access to I-90 and downtown Spokane.

Each property is situated on generous lot sizes, supporting flexibility for future improvements. The portfolio is presented as a strong existing rental asset with ongoing opportunity for value-add work.

Key Highlights

  • Portfolio of two well‑maintained income‑producing multifamily properties totaling 10 units
  • Many units renovated while preserving historic details such as natural woodwork, hardwood floors, and high ceilings
  • On‑site laundry facilities provided for tenant convenience

Property Analytics

Current Use

Apartment buildings

Lease Details

10
Residential units
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

4
Businesses Nearby

Demographics for 99204, WA

7,000
Population
4,357
Households
1.6
Avg Household Size
34
Median Age
37%
College-Educated
93%
High-School Grad
1.0 sq mi
ZIP Area
7,000
Density / Sq Mi
$50,266
Median Household Income
$39,036
Median Earnings
$1,103
Median Rent
$355,700
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - For sale portfolio of two well-maintained multifamily properties totaling 10 units with on-site laundry and off-street parking.
Where is this apartment building located?
The property is located at 2003 10th Spokane, WA.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Portfolio of two well‑maintained income‑producing multifamily properties totaling 10 units; Many units renovated while preserving historic details such as natural woodwork, hardwood floors, and high ceilings; On‑site laundry facilities provided for tenant convenience
More about this property
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