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1502 N Monroe St
Spokane, WA 99201
St. Cloud Apartments · Multifamily Property For Sale · 24 Units

INVESTMENT HIGHLIGHTS

  • Well-maintained, prime value-add opportunity
  • Majority of building systems updated including electrical panels
  • Increase residential rents 31% as-is and 48% with renovations
  • Centrally located near schools, parks, shopping, & more
  • 7 ground floor retail units, offering landlords a diversified investment
  • Includes neighboring 9,431 sqft parcel offering ample parking & future development potential

PROPERTY FACTS

No. Units 24
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 0.47 AC
Building Size 28,152 SF
No. Stories 3
Year Built/Renovated 1910/2005
Zoning Commercial

AMENITIES

UNIT AMENITIES

  • Cable Ready
  • Heating
  • Hardwood Floors
  • Refrigerator
  • Range
  • Tub/Shower
  • Window Coverings

SITE AMENITIES

  • 24 Hour Access
  • Controlled Access
  • On-Site Retail
  • Storage Space
  • Public Transportation

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 35182.0306
  • 35182.0305
Land Assessment
$184,520
Improvements Assessment
$2,306,430
Total Assessment
$2,490,950
  • Listing ID: 36013837

  • Date on Market: 5/28/2025

  • Last Updated:

  • Address: 1502 N Monroe St, Spokane, WA 99201

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