613 W Knox Ave, Spokane, WA 99205
MULTI_FAMILY - Craftsman - Spokane, WA
- Added:
- Jul 5, 2026
- Days on Market:
- 4
- Last Refresh:
- Jul 8 at 3:06 pm
Property Features for 613 W Knox Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 3, Bedroom 1, Bedroom 4, Bathroom 3
- 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 Jul 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 built in 1905 with Craftsman architectural style
- 4 bedrooms and 3 bathrooms across three units
- Fully occupied income‑producing property with total monthly rent of $3,540
- Forced‑air heating; roof is composition
- Appliances include a free‑standing range and refrigerator
- Steel‑frame construction with offsite parking
Overview
The property is located at 613 W Knox Ave in Spokane, WA 99205, in the North Bank area, with convenient access to downtown Spokane. According to the remarks, residents can reach employment centers, shopping, dining, and entertainment with ease while still being positioned in a quieter neighborhood setting.
For buyers seeking a multi-family residential income property, this tri-plex is positioned for immediate occupancy, with renters already in place and a stated total monthly rent of $3,540. The mix of four total bedrooms and three total bathrooms across the three units may appeal to tenants looking for established residential configurations, while simplifying oversight under one 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
