418 Mission

Spokane, WA 99202

$1,050,000

Active

Offered at

$1,050,000

Bedrooms

0

Bathrooms

6,000

Square Feet

1

Story

Your Land

๐Ÿš—

0.16

acres

That's roughly 39 parking spaces

Historic classic

1905

Crafted in an era of meticulous detail

Timeless character awaits

Imagine Living Here

Host & Gather

Make memories with the people you love

  • Spacious entertaining areas

The Story

"SVN Cornerstone is pleased to present the Villa Maria Apartments for sale located at 418 E Mission Ave in Spokane's Logan neighborhood. The Villa Maria Apartments consist of a 15 bedroom shared housing residence with five bathrooms. The property features a large shared kitchen, furnished common living areas, a common laundry room with two washers and two dryers, and five off street parking spaces. - Recent capital improvements include fully furnished bedrooms, upgraded copper electrical wiring, a newer asphalt shingle roof, double pane windows, and a high-efficiency gas water heater. - Prime Logan neighborhood location within walking distance of Gonzaga University, downtown Spokane, shopping, dining, and major employers. - All bedrooms and common areas are fully furnished, allowing for seamless leasing and making this a turnkey investment. - Affordable by the room housing attracts a stable tenat base primarily consisting of students. - Residential Utility Billing"

Heating

Forced Air + Natural Gas

Located In

Spokane

Spokane

Location

418 Mission, Spokane, WA

Directions: From N Ruby St turn right onto E Mission Ave. VillaMaria Apartments are on your right between Astor Stand Addison St.

Full Details

-

Bedrooms

-

Bathrooms

6,000

Sq Ft

1905

Year Built

Down Payment20% ($210,000)
Interest Rate6.875%
Loan Term
Principal & Interest$5,518
Property Tax$551
Insurance$306

Estimates only. Actual rates may vary.

Property Insights

Price per Sq Ft

$175

Below regional average

Property Age

121 years

๐Ÿš๏ธ Vintage โ€” Character and history

Building Coverage

86.1%

Efficient use of land

Quick Facts

Property Type
Residential Income
Subtype
Multi Family
Lot Size
0.16 ac
Subdivision
Central
School District
Other
MLS Area
Washington Counties
Basement
Yes
HOA
No
Taxes
$7,085/yr (2025)
Zoning
RMF-4
Parcel #
35172.0303
Days on Market
175
MLS #
26-2798

Listing Provided By

SVN Cornerstone Commercial

Jordan Lester

Ready to see this home?

or call (208) 425-7653

Finding visually similar properties...

Finding similar homes...