6119 Colton

Spokane, WA 99208

$2,000,000

Active

Offered at

$2,000,000

Bedrooms

0

Bathrooms

12,800

Square Feet

1

Story

Your Land

🚗

0.20

acres

That's roughly 48 parking spaces

Classic

1965

Crafted in an era of enduring quality

Timeless design, built to last

Imagine Living Here

Host & Gather

Make memories with the people you love

  • Spacious entertaining areas

The Story

"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."

Heating

Baseboard + Hot Water + Electric

Located In

Spokane

Spokane

Location

6119 Colton, Spokane, WA

Directions: GPS is accurate

Full Details

-

Bedrooms

-

Bathrooms

12,800

Sq Ft

1965

Year Built

Down Payment20% ($400,000)
Interest Rate6.875%
Loan Term
Principal & Interest$10,511
Property Tax$1,050
Insurance$583

Estimates only. Actual rates may vary.

Property Insights

Price per Sq Ft

$156

Below regional average

Property Age

61 years

🏚️ Vintage — Character and history

Quick Facts

Property Type
Residential Income
Subtype
Multi Family
Lot Size
0.20 ac
School District
Other
MLS Area
Washington Counties
Basement
No
HOA
No
Taxes
$924,200/yr (2024)
Zoning
RHD-70
Parcel #
36322.0623
Days on Market
8
MLS #
26-9873

Listing Provided By

LT Real Estate

Ryan Towner

Ready to see this home?

or call 208-425-SOLD

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