418 E Mission Ave
Spokane, WA 99202
Listed by Jordan Lester, SVN Cornerstone
- Units
- 15
- Built
- 1905
- Size
- 6,000 sq ft
- On market
- 183 days
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Purchase details
Loan details
Rents
Expenses
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The units
| Unit | Beds | Baths | Sq ft | Rent / mo | Rentometerestimated | RentCastestimated |
|---|---|---|---|---|---|---|
| 1 | 15 | 5 | 6,000 | $9,173estimated Rentometer $15,810 · RentCast $14,100 | $15,810 | $14,100 |
| 2 | 15 | 5 | 6,000 | $9,173estimated Rentometer $15,810 · RentCast $14,100 | $15,810 | $14,100 |
| 3 | 15 | 5 | 6,000 | $9,173estimated Rentometer $15,810 · RentCast $14,100 | $15,810 | $14,100 |
| 4 | 15 | 5 | 6,000 | $9,173estimated Rentometer $15,810 · RentCast $14,100 | $15,810 | $14,100 |
| 5 | 15 | 5 | 6,000 | $9,173estimated Rentometer $15,810 · RentCast $14,100 | $15,810 | $14,100 |
| 6 | 15 | 5 | 6,000 | $9,173estimated Rentometer $15,810 · RentCast $14,100 | $15,810 | $14,100 |
| 7 | 15 | 5 | 6,000 | $9,173estimated Rentometer $15,810 · RentCast $14,100 | $15,810 | $14,100 |
| 8 | 15 | 5 | 6,000 | $9,173estimated Rentometer $15,810 · RentCast $14,100 | $15,810 | $14,100 |
| 9 | 15 | 5 | 6,000 | $9,173estimated Rentometer $15,810 · RentCast $14,100 | $15,810 | $14,100 |
| 10 | 15 | 5 | 6,000 | $9,173estimated Rentometer $15,810 · RentCast $14,100 | $15,810 | $14,100 |
| 11 | 15 | 5 | 6,000 | $9,173estimated Rentometer $15,810 · RentCast $14,100 | $15,810 | $14,100 |
| 12 | 15 | 5 | 6,000 | $9,173estimated Rentometer $15,810 · RentCast $14,100 | $15,810 | $14,100 |
| 13 | 15 | 5 | 6,000 | $9,173estimated Rentometer $15,810 · RentCast $14,100 | $15,810 | $14,100 |
| 14 | 15 | 5 | 6,000 | $9,173estimated Rentometer $15,810 · RentCast $14,100 | $15,810 | $14,100 |
| 15 | 15 | 5 | 6,000 | $9,173estimated Rentometer $15,810 · RentCast $14,100 | $15,810 | $14,100 |
These 15 units add up to $137,595 a month. Those rents were confirmed with the listing agent.
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Price history
- Mar 30, 2026Listed for sale$1,050,000$70,000/unit
About the building
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 tenant base primarily consisting of students. - Residential utility rates reduce operating expenses and enhance NOI
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