#202515372, Dallas Lightner, Listing office: LT Real Estate
1103 W 9th Avenue 912S Madison Ave Spokane, WA 99204
Property details
About 1103 W 9th Avenue 912S Madison Ave
Two buildings on one lot present a rare and valuable investment opportunity with strong rental income and excellent tenant appeal. The first building is a well-maintained fourplex, offering four spacious 2-bedroom units. The second building includes a total of seven units, made up of one studio, four 1-bedroom units, and two 2-bedroom units. Together, the properties generate a solid monthly rental income of $11,636. Both buildings offer convenience and comfort, featuring on-site laundry facilities and covered carport parking for tenants. With a great unit mix and consistent income, this property is ideal for investors seeking a reliable, cash-flowing asset in a desirable rental market. Whether you're expanding your portfolio or looking for a stable return, this property checks all the boxes.
Highlights
Summary
- Attached Garage: No
- Parking: Carport, Off Site
- Architectural Style: Victorian
- Heating: Natural Gas, Electric, Forced Air, Baseboard
- List Price: $1,410,542
- Price/SqFt: $133
- Year Built: 1904
- Stories: 4
- Living Area: 10,568 SqFt
- Lot Size: 0.3 Acres
- MLS Number: 202515370
- MLS Name: SARMLS
- Office Name: LT Real Estate
- Office Email: ryan@ltrealestateco.com
- Listing Agent: Dallas Lightner
Listings courtesy of Spokane Association of REALTORS® MLS as distributed by MLS GRID.
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Price information
Property sales
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Tax history
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Nearby schools
5
Roosevelt Elementary School
Public District PK-5
0.7 mi
•333 W 14th Ave
9
Wilson Elementary School
Public District KG-5
1.1 mi
•911 W 25th Ave
2
Grant Elementary School
Public District PK-5
1.7 mi
•1300 E 9th Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $40,377. Typical income of Spokane, WA residents is less than $<35k annually. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.
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Frequently asked questions
About 1103 W 9th Avenue 912S Madison Ave
The listing price of 1103 W 9th Avenue 912S Madison Ave property is $1,410,542.
The property 1103 W 9th Avenue 912S Madison Ave is a multi located in Spokane, Washington, 99204.
Active Listing: 1103 W 9th Avenue 912S Madison Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1103 W 9th Avenue 912S Madison Ave are: Roosevelt Elementary School (GreatSchools Rating 5/10), Wilson Elementary School (GreatSchools Rating 9/10), Grant Elementary School (GreatSchools Rating 2/10), Yasuhara Middle School (GreatSchools Rating 1/10), Sacajawea Middle School (GreatSchools Rating 7/10), Spokane Public Montessori (GreatSchools Rating 6/10), Lewis & Clark High School (GreatSchools Rating 7/10), Bryant Center (GreatSchools Rating 8/10), Pride Preparatory School (GreatSchools Rating 7/10).
The property 1103 W 9th Avenue 912S Madison Ave is 10,568 SqFt (source: MLS/tax record).
The year of construction for 1103 W 9th Avenue 912S Madison Ave is 1904.
This home is located at 1103 W 9th Avenue 912S Madison Ave in Spokane, WA and zip code 99204 in the Cliff / Cannon neighborhood. This 10,568 square foot home, which was built in 1904, sits on a 0.30 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since April 21, 2025 and is currently priced at $1,410,542.
Over 120 listings were sold over their listed price in June 2025 in Spokane, WA. In the same period over 118 listings were sold below the listed price and 113 listings were sold for the listed price. Between May and June 2025, Spokane, WA real estate market has seen increase in the number of listings by 10.8%. In June 2025 median list price was $409,925 and the average listing age was 23 days.