#202515370, Dallas Lightner, Listing Office: LT Real Estate
1818 W 8th Ave Spokane, WA 99204
Property details
About 1818 W 8th Ave
Welcome to a prime investment opportunity in a highly desirable location, featuring a well-maintained multi-unit property with architectural charm and consistent cash flow. This income-generating asset includes eight one-bedroom units and two spacious three-bedroom units, and seven garages, bringing in $12,419 per month in rental income. Tenants enjoy the convenience of on-site laundry facilities, while seven individual garages provide additional revenue potential and added value. Several units have been recently updated, blending modern finishes with the building’s timeless character, making them especially appealing to renters seeking both comfort and charm. Located within walking distance to popular restaurants, shopping destinations, and local parks, this property offers the ideal mix of lifestyle and location. Whether you're a seasoned investor or looking to expand your portfolio with a dependable, high-performing asset, this property stands out as a rare opportunity in a sought-after area.
Highlights
Summary
- Basement: Yes
- Garage Space: 4 spaces
- Attached Garage: No
- Parking: Detached, Off Site
- Heating: Natural Gas, Electric, Forced Air, Baseboard
- List Price: $1,465,214
- Price/SqFt: $138
- Annual Tax Amount: $9,313
- Tax Year: 2024
- Year Built: 1910
- Stories: 3
- Living Area: 10,548 SqFt
- Lot Size: 0.24 Acres
- MLS Number: 202515372
- 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.
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. Properties displayed may be listed or sold by various participants in the MLS. The data relating to real estate for sale on this web site comes in part from the Spokane Association of REALTORS®. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the SARMLS. Real estate listings held by other brokerage firms are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Copyright 2025 Spokane Association of REALTORS® MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/22/2025, 7:10:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,465,214
1818 W 8th Ave
$10,000
closing credit¹
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Price information
Property sales
Date | Event | Price |
---|---|---|
May 18, 2017 | Home Sold | $547,200 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $954,000 | $9,313 |
2023 | $685,800 | $8,008 |
2022 | $685,800 | $8,008 |
2021 | $690,400 | $8,195 |
2020 | $305,980 | $3,776 |
2018 | $275,580 | $3,949 |
2017 | $251,680 | $3,832 |
History based on county public records data.
Nearby schools
5
Roosevelt Elementary School
Public District PK-5
1.2 mi
•333 W 14th Ave
9
Wilson Elementary School
Public District KG-5
1.4 mi
•911 W 25th Ave
2
Holmes Elementary School
Public District PK-5
1.5 mi
•2600 W Sharp 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 $16,369. Residents of Spokane, WA typically earn less than $<35k each year. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.
Similar homes for sale
This home is located at 1818 W 8th Ave in Spokane, WA and zip code 99204 in the Cliff / Cannon neighborhood. This 10,548 square foot home, which was built in 1910, sits on a 0.24 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since April 21, 2025 and is currently priced at $1,465,214.
In April 2025 more than 114 listings in Spokane, WA were sold above the asking price. During the same period more than 107 listings were sold at asking price, while more than 63 were sold below. In April 2025 in Spokane, WA there were 23.6% more homes for sale than in March. Listings spent 27 days on the market in April 2025, and had a median list price of $407,615 during the same period.