507 S Howard St
Spokane, WA 99204
Listed by Derek Raivio, LT Real Estate
- Units
- 30
- Built
- 1912
- Size
- 42,500 sq ft
- On market
- 319 days
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Purchase details
Loan details
Rents
Expenses
Set aside
What is left
The units
| Unit | Beds | Baths | Sq ft | Rent / mo |
|---|---|---|---|---|
| 1 | 1 | 1 | 1,015 | $1,170 |
| 2 | 1 | 1 | 1,015 | $1,170 |
| 3 | 1 | 1 | 1,015 | $1,170 |
| 4 | 1 | 1 | 1,015 | $1,170 |
| 5 | 1 | 1 | 1,015 | $1,170 |
| 6 | 1 | 1 | 1,015 | $1,170 |
| 7 | 1 | 1 | 1,015 | $1,170 |
| 8 | 1 | 1 | 1,015 | $1,170 |
| 9 | 1 | 1 | 1,015 | $1,170 |
| 10 | 1 | 1 | 1,015 | $1,170 |
| 11 | 1 | 1 | 1,015 | $1,170 |
| 12 | 1 | 1 | 1,015 | $1,170 |
| 13 | 1 | 1 | 1,015 | $1,170 |
| 14 | 1 | 1 | 1,015 | $1,170 |
| 15 | 1 | 1 | 1,015 | $1,170 |
| 16 | 1 | 1 | 1,015 | $1,170 |
| 17 | 1 | 1 | 1,015 | $1,170 |
| 18 | 1 | 1 | 1,015 | $1,170 |
| 19 | 2 | 1 | 1,015 | $1,310 |
| 20 | 2 | 1 | 1,015 | $1,310 |
| 21 | 2 | 1 | 1,015 | $1,310 |
| 22 | 2 | 1 | 1,015 | $1,310 |
| 23 | 2 | 1 | 1,015 | $1,310 |
| 24 | 2 | 1 | 1,015 | $1,310 |
| 25 | 2 | 1 | 1,015 | $1,310 |
| 26 | 2 | 1 | 1,015 | $1,310 |
| 27 | 2 | 1 | 1,015 | $1,310 |
| 28 | 2 | 1 | 1,015 | $1,310 |
| 29 | 2 | 1 | 1,015 | $1,310 |
| 30 | 1 | 1 | 1,015 | $1,170 |
These 30 units add up to $36,640 a month. Those rents were confirmed with the listing agent.
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Price history
- Nov 14, 2025Listed for sale$4,500,000$150,000/unit
About the building
Prime mixed-use property in Spokane’s sought-after South Hill neighborhood. The building features 1,015 sqft retail space with a coffee tenant in place with five years left on the lease and twenty-nine apartments above. Located in an Opportunity Zone, the property offers valuable tax benefits and strong income potential. The unit mix includes eighteen one-bedroom and eleven two-bedroom apartments, all with spacious layouts and quality finishes. Rent upside of 10%-20% provides additional growth potential. A solid investment opportunity in a high-demand location close to downtown, shopping, and dining.
Where it is
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