613 W Knox Ave, Spokane, WA 99205
MULTI_FAMILY - Craftsman - Spokane, WA
- Added:
- Mar 5, 2026
- Days on Market:
- 119
- Last Refresh:
- Jul 2 at 8:06 pm
Property Features for 613 W Knox Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Bedroom 4, Bedroom 3, Bedroom 2, Bathroom 2, Bathroom 3, Bedroom 1, Bathroom 1
- Parking features
- Offsite
- Appliances
- Free-Standing Range, Refrigerator
- Standard status
- Active
- APN
- 35074.2611
- Size
- 2,444 SF
- Lot size
- 0.14 Acres
Utilities
- Heating system
- Forced Air
Building Details
- Year built
- 1905
- Floors in Building
- 2
- Number of units
- 3
- Building materials
- Steel Frame
- Roof type
- Composition
- Architectural style
- Craftsman
Listing agent Haydn Halsted License #139160 (855) 450-0442
Listing office REAL Broker LLC 1400 112th Ave SE, Ste 100, Bellevue, WA (855) 450-0442
Listing date Mar 5, 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
- 2,446 SF tri‑plex with 3 units and 4 bedrooms and 3 bathrooms total
- Fully occupied income property with total monthly rent of $3,540
- Craftsman‑style building built in 1905 with steel frame construction
- Forced‑air heating and a composition roof
- Includes appliances: free‑standing range and refrigerator
- Parking available offsite
Overview
The property is located at 613 W Knox Ave in Spokane, Washington 99205, in proximity to the North Bank district and downtown Spokane. The location is presented as convenient to employment centers, shopping, dining, and entertainment, while maintaining a residential feel.
For buyers seeking a residential income property, this tri-plex offers straightforward unit diversification within one asset. With occupancy reported as current and leases updated, the property may appeal to investors looking for a hands-off setup rather than a value-add repositioning. The mix of four bedrooms and three bathrooms across three units can support a range of household needs while keeping operations consolidated under a single ownership structure.
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 | $42.5k | $17.40 |
| − Vacancy | −$2.6k | −$1.06 |
| EGI | $39.9k | $16.34 |
| − OpEx | −$12.0k | −$4.90 |
| NOI | $28.0k | $11.44 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Spokane
- County
- Spokane
- State
- Washington
- Longitude
- -117.42107
- Latitude
- 47.676546
