Active

6119 Colton St

Spokane, WA 99208

$2,000,000 $8,432/Mo

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Overview

Bed

Bath

12,800

Sqft

0.20

Acre(Lot)

Description

20-unit multifamily investment opportunity in convenient North Spokane location. The property features 20 one-bedroom, one-bath units with LVP flooring, off-street parking, and an on-site laundry facility. Effective Gross Income of $18,310.20 per month. Built in 1965, the 12,800 SF property offers an attractive investment profile with a $134,042 NOI and 6.7% cap rate.

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Property Details

Property Type : Residential Income

Price : $2,000,000

AD Id : 91617952

MLS Id : 26-9873

Lot Size : 0.20 Acre

Living Area Size : 12,800 Sq. Ft

Tax Amount : $924,200

Year Built : 1965

County : Spokane

Map

What's Nearby

Nearby Areas

Features

Room Information

Basement: None
Roofing Information

Composition
Interior Features

Roof: Composition
Heating & Cooling

Has Heating: Yes Heating: Baseboard, Hot Water, Electric

Building Information

Year Built: 1965 Building Area Total: 12800 Construction Materials: Frame, Brick Private Pool: No View: None

Lot Information

Main Square Feet: 0.2 Lot Size Acres: 0.2 Lot Size Square Feet: 8712 Lot Description: Level

Property Information

Subdivision: N/A Source Property Type: Residential Income MLS Area Minor: Washington Counties Property SubType: Multi Family Property Age: 61

Listing Price Information

Listing Price: $2000000 Conventional, Cash

Tax Information

Parcel Number: 36322.0623 Tax Year: 2024 Annual Tax: $924200 Tax Legal Desc: see attached

Parking Information

Paved

Location Information

Direction: GPS is accurate WaterSource: Public

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
7015 Hamilton St, Spokane, WA, 99208	$570,000	--	--	4,700	0.24 Acre
6408 Normandie St, Spokane, WA, 99208	$429,000	--	--	1,824	0.26 Acre

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ByOwner last updated this listing 10/02/2026 @ 04:01

MLS: 26-9873 LISTED BY: Ryan Towner, LT Real Estate SOURCE: Coeur d'Alene Multiple Listing Service