$374,000

1130 W Nora Ave

Spokane, WA 99205

Listed by Tracy Penna, Windermere North

Units
4
Built
1903
Size
2,733 sq ft
On market
120 days
Cap rate~6.9%
Cash-on-cash~0.9%
Cash flow+$74
Aaron Beal

Have any questions about this listing? Want to visit?

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, confirmed with the listing agent

Expenses

Principal & interest2,064
Property tax 2026⁠$266
Insurance⁠No spot on MLS
Sewer⁠In water
Water⁠$402 with sewer
Garbage⁠No spot on MLS
Left over after mortgage and expenses637

Set aside

Vacancy
Maintenance
Capital repairs
Management
Set aside for vacancy and maintenance563

What is left

Cash left over each month+$74

The units

UnitBedsBathsSq ftRent / mo
121800$1,200
200400$850
310400$850
401370$700

These 4 units add up to $3,600 a month. Those rents were posted in the MLS by the listing agent.

What a free account adds Free account

Every figure above is the same one Beal Estate NW works from — the same cap rate, the same cash flow, the same ledger. What a free account adds is the ability to change them, and the four things below.

Put in your own numbersyour down payment, your rate, your reserves — and watch every figure move
Sign up free
Sale historywhat it last sold for, and when
Sign up free
Documentsthe rent roll and the operating statement, when the seller shares them
Sign up free
The records behind each figurethe county and city screenshots we worked from
Sign up free
Saved searches, liked and hiddenand an email when something new fits
Sign up free
Put in your own numbers — free

Price history

  1. Jun 1, 2026Listed for sale$399,000$99,750/unit

About the building

INVESTOR ALERT! Fantastic opportunity to purchase a great centrally located 4-plex near the popular Monroe District. Fabulous long-term tenants are on leases in two units, and two recently renovated units are vacant and ready to rent. The property features updated vinyl windows, new electrical service (all units are individually metered), newer electric hot water tank and newer wall heaters. The units feature varying degrees of updating, but all are in good condition and are well-maintained. There is one 2-bedroom unit, one 1-bedroom unit, and two studios. Please contact listing broker with questions.

Where it is

Looking for what else is nearby…

Look it up yourself

Listed by Tracy Penna, Windermere North · MLS# 202618445 · Active

Cap rate, cash flow and cash-on-cash are Beal Estate NW’s own analysis, not MLS data — they follow the financing assumptions shown on this page, and they are not a valuation of the property and not investment advice. Talk to your lender, your accountant and your own advisers before you rely on any of it. MLS GridListings courtesy of Spokane REALTORS® as distributed by MLS Grid. Based on information submitted to the MLS GRID as of 9/29/2026, 4:15:01 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing; any other use or search of the data on this site is prohibited. Deemed reliable but not guaranteed accurate by MLS Grid. Verify everything before you write an offer. Report a copyright problem.