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Multifamily Building with Retail Suites
For Sale
$1,800,000
Pending

224 S Howard St, Spokane, WA 99201

MultiFamily, Multi Level, Spokane, WA

Property Size20,634 SF
Lot Size0.10 Acres
Days on Market153

Property Features for 224 S Howard St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning DTS
Full bathrooms 1
Rooms Bathroom 1
Subdivision Spokane
Lot features Level
Directions Heading West on 3rd turn left on South Howard, propery is on the left
Standard status Pending
APN 35191.3105
Size 20,634 SF
Lot size 0.10 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description RAILROAD ADD; N1/2 LT 4 BLK 33
Tax Annual Amount 12417
Legal Description RAILROAD ADD; N1/2 LT 4 BLK 33

Utilities

Sewer type Public Sewer
Heating system Electric (Heating)
Water source Public

Amenities

shared laundry facilities
communal gathering area
enhanced building security

Building Details

Year built 1908
Number of units 42
Building materials Concrete, Brick
Roof type Concrete
Architectural style Other
Listing Agency: SVN Cornerstone Commercial
Listed By: Jordan Lester · License #1271842
Added: Apr 14 Changed: Sep 12 Last Checked: Sep 13 at 3:06AM
MLS# 26-3504

Copyright © 2026 Coeur d'Alene Multiple Listing Service. 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 Howard Building combines residential and commercial space in a concrete and brick structure completed in 1908. The property includes 40 apartment units and two ground-floor retail suites, along with shared laundry facilities, a tenant gathering area, and a basement. Recent improvements include interior painting, new flooring, updated bathrooms, new light fixtures, and partial furnishings.

Located at 224 S Howard St in Downtown Spokane, the building is positioned near restaurants, shopping, entertainment, transit, and nearby third-party parking. Public water and sewer serve the property, and electric heating is provided throughout.

Key Highlights

  • 40 apartment units plus 2 ground‑floor retail suites
  • 20,634‑square‑foot multifamily and retail building
  • Located at 224 S Howard St in Downtown Spokane

Property Analytics

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Current Use

Salon Nouveau Hair Salon

Suggested Use

Top Pick Building Supply Carpet & Flooring Store Locksmith Pet Grooming Service Storage Facility (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

40
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

7,274
Businesses Nearby

Demographics for 99201, WA

15,716
Population
8,842
Households
1.8
Avg Household Size
39
Median Age
34%
College-Educated
91%
High-School Grad
3.0 sq mi
ZIP Area
5,239
Density / Sq Mi
$35,286
Median Household Income
$36,599
Median Earnings
$883
Median Rent
$259,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Apartment building - Apartment and retail property with shared laundry, communal space, and upgraded interiors.
Where is this apartment building located?
The property is located at 224 S Howard St Spokane, WA.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 40 apartment units plus 2 ground‑floor retail suites; 20,634‑square‑foot multifamily and retail building; Located at 224 S Howard St in Downtown Spokane
More about this property
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