$515,000

1308 W Nora Ave

Spokane, WA 99205

Listed by Kim Vinson, Extant Realty

Units
4
Built
1909
Size
3,082 sq ft
On market
92 days
Cap rate~8.6%
Cash-on-cash~7.1%
Cash flow+$835
Aaron Beal

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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, confirmed with the listing agent

Expenses

Principal & interest2,842
Property tax 2026⁠Left blank
Insurance⁠No spot on MLS
Sewer⁠Left blank
Water⁠Left blank
Garbage⁠No spot on MLS
Left over after mortgage and expenses1,672

Set aside

Vacancy
Maintenance
Capital repairs
Management
Set aside for vacancy and maintenance837

What is left

Cash left over each month+$835

The units

UnitBedsBathsSq ftRent / mo
1211,116$1,595
2211,116$1,595
311500$1,295
411350$1,095

These 4 units add up to $5,580 a month. Those rents were posted in the MLS by the listing agent.

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Price history

  1. Jun 29, 2026Listed for sale$524,900$131,225/unit

About the building

Remodeled Fourplex ready to cash flow or perfect for an owner occupant to house hack with one unit currently vacant. Charming property that rents easy and has been completely redone combining the original craftsman style charm with modern finishes. Plenty of parking both off street and with the wide roads as well as a detached garage that can be used to produce extra monthly income!

Where it is

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Listed by Kim Vinson, Extant Realty · MLS# 202620061 · 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.