$2,700,000

29 E 6TH Ave

Spokane, WA 99202

Listed by Dallas Lightner, LT Real Estate

Units
20
Built
1978
Size
13,048 sq ft
On market
8 days
Cap rate~7.3%
Cash-on-cash~2.6%
Cash flow+$1,599
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 & interest14,901
Property tax 2026⁠Left blank
Insurance⁠No spot on MLS
Sewer⁠Left blank
Water⁠Left blank
Garbage⁠No spot on MLS
Left over after mortgage and expenses5,333

Set aside

Vacancy
Maintenance
Capital repairs
Management
Set aside for vacancy and maintenance3,734

What is left

Cash left over each month+$1,599

The units

UnitBedsBathsSq ftRent / moRentometerestimatedRentCastestimated
121652$1,250estimated Rentometer $1,565 · RentCast $1,200$1,565$1,200
221652$1,250estimated Rentometer $1,565 · RentCast $1,200$1,565$1,200
321652$1,250estimated Rentometer $1,565 · RentCast $1,200$1,565$1,200
421652$1,250estimated Rentometer $1,565 · RentCast $1,200$1,565$1,200
521652$1,250estimated Rentometer $1,565 · RentCast $1,200$1,565$1,200
621652$1,250estimated Rentometer $1,565 · RentCast $1,200$1,565$1,200
721652$1,250estimated Rentometer $1,565 · RentCast $1,200$1,565$1,200
821652$1,250estimated Rentometer $1,565 · RentCast $1,200$1,565$1,200
921652$1,250estimated Rentometer $1,565 · RentCast $1,200$1,565$1,200
1021652$1,250estimated Rentometer $1,565 · RentCast $1,200$1,565$1,200
1121652$1,250estimated Rentometer $1,565 · RentCast $1,200$1,565$1,200
1221652$1,250estimated Rentometer $1,565 · RentCast $1,200$1,565$1,200
1321652$1,250estimated Rentometer $1,565 · RentCast $1,200$1,565$1,200
1421652$1,250estimated Rentometer $1,565 · RentCast $1,200$1,565$1,200
1521652$1,250estimated Rentometer $1,565 · RentCast $1,200$1,565$1,200
1621652$1,250estimated Rentometer $1,565 · RentCast $1,200$1,565$1,200
1721652$1,250estimated Rentometer $1,565 · RentCast $1,200$1,565$1,200
1821652$1,250estimated Rentometer $1,565 · RentCast $1,200$1,565$1,200
1911652$1,196estimated Rentometer $1,428 · RentCast $1,060$1,428$1,060
2011652$1,196estimated Rentometer $1,428 · RentCast $1,060$1,428$1,060

These 20 units add up to $24,892 a month. Those rents were confirmed with the listing agent.

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Price history

  1. Sep 21, 2026Listed for sale$2,700,000$135,000/unit

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Listed by Dallas Lightner, LT Real Estate · MLS# 202624659 · 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.