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Investment Highlights

  • 9 - Studios/1B Units & 1 - 1 BD/1B Unit
  • Centrally located in Spokane near shopping, dining, entertainment, and public transportation
  • Monthly Rental Income of $7,535.00

Executive Summary

Spokane Investment Opportunity - 9-unit studio apartment building plus a separate 1-bedroom, 1-bath single-family residence, situated on a single parcel, in a centrally located Spokane neighborhood near downtown. Each unit is designed for low-maintenance living and strong tenant appeal. Convenient access to downtown, shopping, dining, and public transportation.

Property Facts

Price $1,125,000
Price Per Unit $112,500
Sale Type Investment
Cap Rate 5.75%
No. Units 10
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.15 AC
Building Size 4,898 SF
No. Stories 2
Year Built 1910
Opportunity Zone Yes
Zoning RHD
Fairly walkable
50/100
Moderately drivable
60/100
Limited public transit
30/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
36343.2012
Land Assessment
$50,800
Improvements Assessment
$820,800
Total Assessment
$871,600
  • Listing ID: 39432465

  • Date on Market: 2/13/2026

  • Last Updated:

  • Address: 5012 N Regal St, Spokane, WA 99217

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