1023-1025 W Knox Ave, Spokane, WA 99205

$755,000 Pending MLS® 202617221 Multi Family Home
PendingMLS® 202617221
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1023-1025 W Knox Ave, Spokane, WA 99205 photo
Multi Family Home
MLS® 202617221
$755,000
1023-1025 W Knox Ave, Spokane, WA 99205
0.15 Acres 3,696 Sq.Ft. Built 2011
Description

Rare 4-unit investment opportunity featuring two separate duplexes on one lot, built in 2011 and 100% occupied. Each unit offers a functional two-story layout with living, kitchen, and dining on the main level, and 2 bedrooms, 1.5 bathrooms, and in-unit laundry upstairs—ideal for tenant privacy and retention. Interiors include LVP flooring on the main level, carpet upstairs, and hard surface countertops throughout. One bedroom in each unit features a walk-in closet and private en-suite. The property is fully xeriscaped with no grass, keeping maintenance low and expenses predictable. Financially, the property performs as a steady asset with rents averaging approximately $1,300–$1,400 per unit, generating ~$5,300+ monthly and ~$64,000+ annually. Tenants pay utilities, supporting strong operating efficiency. Built in 2013, this is a turnkey, low-maintenance opportunity with consistent occupancy and reliable cash flow.

Interior features
  • Air conditioning Wall Unit(s)
  • Basement description Crawl Space
  • Lot dimension 0.15
  • Lot description Cross Fncd, Level, City Bus (w/in 6 blks)
Exterior features
  • View Territorial
  • Lot dimension 0.15
  • Lot description Cross Fncd, Level, City Bus (w/in 6 blks)
  • Roofing materials Composition

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