15-Unit Apartment
For Sale
Contact for pricing
702 South Bernard Street, Spokane, WA 99204
Multifamily property with varied unit layouts, off-street parking, and on-site laundry.
Property Size20,732 SF
Price / SF$96.47
Days on Market16
Property Features for 702 South Bernard Street
General Information
Standard status
Active
Size
20,732 SF
Total Parking Spaces
9
Property subtype
Multifamily, Office
Net Operating Income
$131,155
Financials
Asking Price
$2,000,000
Cap Rate
6.56%
Gross Income
$245,045
Units
Unit Mix
12 x 1BR, 3 x 2BR
Multifamily Units
15
Amenities
on-site laundry
Building Details
Year Built
1913
Buildings
1
Stories
3
Units
15
Tenancy
Multi
Listing Agency:
LT Real Estate
(509) 315-8720
Listed By:
Dallas Lightner · License #26840
Source:
Crexi
Added: Aug 6
Changed: Aug 20
Last Checked: Aug 20 at 2:46PM
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.
The apartment property at 702 South Bernard Street includes 15 units arranged as 12 one-bedroom residences and 3 two-bedroom residences. The 20,732-square-foot building dates to 1913 and provides on-site laundry along with 9 off-street parking stalls.
Positioned in Spokane’s South Hill, the property combines a defined unit mix with established building improvements. Its configuration includes both one- and two-bedroom apartments, supporting a range of residential layouts within one multifamily asset.
Positioned in Spokane’s South Hill, the property combines a defined unit mix with established building improvements. Its configuration includes both one- and two-bedroom apartments, supporting a range of residential layouts within one multifamily asset.
Key Highlights
- 15‑unit apartment property with 12 one‑bedroom and 3 two‑bedroom units
- 20,732 SF building constructed in 1913
- 9 off‑street parking stalls
Property Analytics
Property Profile
Current Use
Lease Details
15
Residential units
Location Intelligence
Trade Area within ½ mile
5,151
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Multifamily property with varied unit layouts, off-street parking, and on-site laundry.
Where is this apartment building located?
The property is located at 702 South Bernard Street 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‑unit apartment property with 12 one‑bedroom and 3 two‑bedroom units; 20,732 SF building constructed in 1913; 9 off‑street parking stalls
