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$530,000
1227 N Division St
Spokane, WA 99202
Listed by Melissa Blaine, Coldwell Banker Tomlinson
- Units
- 3
- Built
- 1903
- Size
- 5,210 sq ft
- On market
- 173 days
Cap rate~7.3%
Cash-on-cash~2.5%
Cash flow+$306
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Purchase details
Purchase price$
Closing costs 2.5%−$
Repairs and remodel−$
Loan details
Down payment%
Interest rateour standard rate%
Rents
Rents coming innot on the MLS, our figure$
Expenses
Principal & interest−$2,925
Property tax 2026$426−$
InsuranceNo spot on MLS−$
SewerLeft blank−$
WaterLeft blank−$
GarbageNo spot on MLS−$
Left over after mortgage and expenses$1,056
Set aside
Vacancy%
Maintenance%
Capital repairs%
Management%
Set aside for vacancy and maintenance−$750
What is left
Cash left over each month+$306
The units
| Unit | Beds | Baths | Sq ft | Rent / mo | Rentometerestimated | RentCastestimated |
|---|---|---|---|---|---|---|
| 1 | 1 | 1 | 750 | $1,000estimated Rentometer $1,389 · RentCast $1,090 | $1,389 | $1,090 |
| 2 | 1 | 1 | 750 | $1,000estimated Rentometer $1,389 · RentCast $1,090 | $1,389 | $1,090 |
| 3 | 0 | 2 | 2,210 | $3,000estimated Rentometer $2,375 · RentCast $1,080 | $2,375 | $1,080 |
These 3 units add up to $5,000 a month. Those rents were part posted in the MLS, part confirmed with the listing agent.
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Price history
- Apr 9, 2026Listed for sale$530,000$176,667/unit
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