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15-Unit Apartment Building with Laundry
New
For Sale
$2,000,000

702 S Bernard St, Spokane, WA 99204

MultiFamily, Multi Level, Spokane, WA

Property Size20,732 SF
Lot Size0.18 Acres
Price / SF$96.47
Days on Market2

Property Features for 702 S Bernard St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning OR
Bedrooms 18
Full bathrooms 15
Rooms Bedroom 10, Bedroom 15, Bedroom 2, Bedroom 16, Bedroom 9, Bathroom 5, Bedroom 5, Bedroom 7, Bathroom 7, Bedroom 17, Bedroom 12, Bedroom 11, Bedroom 8, Bathroom 4, Bedroom 4, Bathroom 15, Bathroom 3, Basement, Bedroom 1, Bathroom 8, Bathroom 9, Bathroom 6, Bedroom 13, Bathroom 12, Bathroom 1, Bathroom 2, Bedroom 3, Bathroom 10, Bedroom 18, Bedroom 6, Bathroom 13, Bathroom 11, Bathroom 14, Bedroom 14
Basement Finished
Lot features Level
View City
Directions GPS is accurate
Subdivision Washington Counties
Standard status Active
APN 35194.2407
Size 20,732 SF
Lot size 0.18 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description See attached exhibit A
Tax Annual Amount 19428
Legal Description See attached exhibit A

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Hot Water(Heating)
Water source Public

Amenities

on-site laundry

Building Details

Year built 1913
Number of units 15
Building materials Brick, Frame
Roof type Tar/Gravel
Architectural style Other
Buildings 1
Listing Agency: LT Real Estate
Listed By: Ryan Towner · License #24027253
Added: Oct 27 Last Checked: Oct 28 at 7:06PM
MLS# 26-10535

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.

Rey
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Investment Insights

Based on property information with market context.

This 15-unit apartment property contains 12 one-bedroom residences and 3 two-bedroom residences within a 20,732-square-foot building. Built in 1913, the structure combines brick and frame construction and includes on-site laundry. The property occupies 0.18 acres and has OR zoning.

Nine off-street parking stalls serve the building. Public water and sewer are available, and the reported cap rate is 6.56%.

Key Highlights

  • 15 apartments: 12 one‑bedroom units and 3 two‑bedroom units
  • 20,732‑square‑foot building on 0.18 acres
  • 9 off‑street parking stalls

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

15
Residential units

Location Intelligence

Trade Area within ½ mile

5,151
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
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

Frequently Asked Questions

What type of property is this?
Apartment building - A mix of one- and two-bedroom apartments is served by on-site laundry and off-street parking.
Where is this apartment building located?
The property is located at 702 S Bernard St Spokane, WA.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: 15 apartments: 12 one‑bedroom units and 3 two‑bedroom units; 20,732‑square‑foot building on 0.18 acres; 9 off‑street parking stalls
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Includes: Price & PSF · Cap rate · Location · Zoning

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