$1,041,125

1429 E 1ST Ave

Spokane, WA 99202

Listed by Dustin Cramer, Amplify Real Estate Services

Units
4
Built
2026
Size
4,800 sq ft
On market
22 days
Cap rate—
Cash-on-cash—
Cash flow—
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 in

Expenses

Principal & interest5,746
Property tax⁠Left blank
Insurance⁠No spot on MLS
Sewer⁠Left blank
Water⁠Left blank
Garbage⁠No spot on MLS

Set aside

Vacancy
Maintenance
Capital repairs
Management
Set aside for vacancy and maintenance—

What is left

Cash left over each month—

The units

UnitBedsBathsSq ftRent / moRentometerestimatedRentCastestimated
1321,200Vacantestimated Rentometer $1,931 · RentCast $1,760$1,931$1,760
2321,200Vacantestimated Rentometer $1,931 · RentCast $1,760$1,931$1,760
3321,200Vacantestimated Rentometer $1,931 · RentCast $1,760$1,931$1,760
4321,200Vacantestimated Rentometer $1,931 · RentCast $1,760$1,931$1,760

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Price history

  1. Sep 7, 2026Listed for sale$1,041,125$260,281/unit

About the building

Welcome to this stunning new 4-plex, located just minutes away from downtown Spokane. Each unit boasts 3 spacious bedrooms, 2 luxurious bathrooms, and over 1200 sqft of living space. The open-concept floor plan, modern construction, and high-end finishes throughout make this property a true gem. Enjoy durable LVP floors, luxurious hard surface counters, under-mount sinks, quality cabinets, and in-unit laundry. Large windows in each bedroom provide natural light and ample space, making every unit feel bright and welcoming. Conveniently located near local shops, restaurants, and parks, this property provides the perfect combination of luxury living and convenience. Don't miss out on this fantastic opportunity to add to your rental portfolio. Estimated completion to be February/March 2027 Photos are from 1428 e 1st ave and finishes will be similar.

Where it is

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Listed by Dustin Cramer, Amplify Real Estate Services · MLS# 202623868 · 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, 3:45:00 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.