Barb Pielli
BEDS1
BATHS2
SQUARE FEET5,022
MLS#202622248
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLSpokane Dist 81
Property Description
Exceptional value-add investment opportunity in a prime South Hill location! This 6-unit apartment building features five 1-bedroom/1-bath units and one studio, ideally situated directly across from Huckleberrys Natural Market and just minutes from Downtown Spokane, Sacred Heart, Deaconess, and other major employers. The property offers five covered off-street parking spaces, coin-operated laundry, and a history of stable, long-term tenants who are all current on rent. While the building has been well maintained, many units remain dated, providing an excellent opportunity to renovate and capture significant rental upside as units turn over. Strong location, dependable tenancy, and below-market rents make this an attractive investment with immediate income and long-term appreciation potential.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Finished
Garage: 5
Roof Type: Tile
Stories: 3.0
Taxes: $5,328
Year Built: 1940
Feature Descriptions
Additional Structures: See Remarks
Association Amenities: Laundry
Days on Site: 15
Exterior: Brick
Heating/Cooling: Natural Gas, Hot Water
Lot: Cross Fncd, Level, City Bus (w/in 6 blks)
Parcel#: 35193.3607
Parking: Detached
Special View Info: Territorial
SQ. FT. Total: 5022
Local Schools
High School: Lewis & Clark
Middle School: Sacajawea
Elementary School: Roosevelt
School District: Spokane Dist 81
Listed By / Shown By
Listed By
Agency Name: The Hornberger Group, LLC
Shown By
Agent Name: Barb Pielli
Agent Phone: (509) 714-5071
Agency Title: Coldwell Banker Tomlinson
Estimate Your Payment
Estimated Payment
$ 1,891.41 per month $1,279.70 Principal & Interest $444.00 Property Tax $167.71 Homeowner's InsuranceChange Payment Information
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1019 S Monroe St | MLS# 202622248
This multi-family property located at 1019 S Monroe St, Spokane, WA 99204 is currently listed for sale with an asking price of $575,000. S Monroe St is located within the Spokane Dist 81 school district. Search Spokane real estate on bpielli.cbspokane.com today.