www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
22504903
22504904

1828 W 9th Avenue, Spokane, WA 99204 For Sale

DL
WA 26840
LT Real Estate
RT
WA 24027253
LT Real Estate
Listed by LT Real Estate
$690,000
479 days on market
Updated 50 days ago

1828 W 9th Avenue

Details
APN 25244.5107
Property Type Multifamily
Sub Type Apartment Building
Square Footage 4,353
Units 6
Cap Rate 7.03%
NOI $48,531
Year Built 1908
Buildings 1
Stories 3
Zoning RMF

Multifamily | 6 Units

Marketing description

This property offers individuality, uniqueness, and character. Located in Spokane’s historically upscale Lower South Hill neighborhood, this area was originally developed 120 years ago as an affluent district filled with historic homes and mansions. These homes were built during a time when craftsmanship and quality materials were highly valued.

Thanks to the lasting quality of the surrounding residences and the convenient access to downtown, this property sits in one of Spokane’s most desirable residential areas. It benefits from easy access to both East–West freeway routes and North–South corridors like Maple and Monroe.

Major employers—including Deaconess Hospital, Sacred Heart Hospital, Fairchild Air Force Base, and Downtown Spokane—are just minutes away. The property is centrally located with convenient access to major roads.

We encourage you to explore the Spokane City Crime Map to see the neighborhood firsthand. This property has minimal deferred maintenance, and it remains attractive and well cared for—something tenants take pride in.

Leases include clear rules: no parties, no loud music, and no smoking. A team of full-time maintenance staff ensures that all repairs are addressed promptly and that the property remains in excellent condition.

Flyer - https://listings.ltrealestateco.com/1828-w-9th-ave

Investment highlights

  • 3 - 1 Bed Units & 3 - 2 Bed Units
  • On Site Laundry Facilities
  • Recent Unit Updates & Architectural Charm
  • Great South Hill Location
  • Spacious Units
  • Scenic Neighborhood
  • Parcel # 25244.5107

Listing Contacts

DL
WA 26840
LT Real Estate
RT
WA 24027253
LT Real Estate
Listed by LT Real Estate

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$48,531.00
$4,044.25/mo

Valuation Metrics

0
DSCR
7.03%
Cap Rate
7.03%
ROI

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Dallas Lightner
License
26840
Brokerage
LT Real Estate
Title
Designated/Managing Broker
Name
Ryan Towner
License
24027253
Brokerage
LT Real Estate
Title
Real Estate Broker
Brokerage Address
902 West Garland Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591