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1830 W Maxwell Ave 6 Unit Apartment Building Offered at $1,050,000 at a 6.51% Cap Rate Spokane, WA 99201
Investment Highlights
- Beautiful Remodeled Units
- Good Parking
- Priviate Patio Areas
Executive Summary
Two separate tri-plexes on two separate tax lots. Shared parking lot and private back yard areas. Complete and beautifully done remodel on all units, including the roofs. (See pictures) Sellers have extensive and detailed financials. (See OM) These properties are priced with an accurate and true 6.5% Cap Rate. All offers must be written - "Subject to Interior Inspection". No showings without a ratified transaction. 1824 & 1830 W Maxwell Ave. - Spokane, WA. 99201
Financial Summary (Actual - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer
- Heating
- Kitchen
- Vaulted Ceiling
- Refrigerator
- Range
- Tub/Shower
- Walk-In Closets
- Carpet
- Yard
- Breakfast Nook
- Deck
- Double Pane Windows
- Freezer
- Lawn
- Linen Closet
- Loft Layout
- Smoke Free
- Window Coverings
- Floor to Ceiling Windows
Site Amenities
- 24 Hour Access
- Courtyard
- Pet Play Area
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | $1,300 | - |
1 1
Moderately walkable
70/100
Moderately drivable
60/100
Some public transit
50/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 25131.3612 | Total Assessment | $318,800 |
| Land Assessment | $70,000 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $248,800 | Tax Year | 2026 Payable 2026 |
Property Taxes
Parcel Number
25131.3612
Land Assessment
$70,000
Improvements Assessment
$248,800
Total Assessment
$318,800
Annual Taxes
($1) ($0.00/SF)
Tax Year
2026 Payable 2026
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