High-Yield Multifamily Opportunity in Spokane! This fully renovated 8-unit apartment building offers investors an exceptional 9.66% CAP Rate in a high-demand rental market. Every unit has been updated, significantly reducing immediate capital expenditure risk and supporting a "turn-key" ownership experience. The property’s desirability is proven by its recent performance. Introducing a turnkey fully renovated, centrally located 8-unit multi-family nestled in the heart of Spokane. This historic property exudes old-world charm and presents an attravtive investment opportunity. With alley access , there's ample off-street parking, a significant asset in any urban setting. A shared laundry facility adds conveniece for residence and separately metered units allow for straightforward utility management. Its proximity to downtown and Kendall Yards makes it an attractive choice for those desiging central, vibrant living. Don't miss this opportunity to invest in a piece of Spokane's history with excellent return
Active
$830,500
1119 W Augusta Ave, Spokane, WA 99205
7beds
8baths
4,309sqft
MultiFamily
Built in 1905
-- sqft lot
$795,800 Zestimate®
$193/sqft
$-- HOA
What's special
Ample off-street parkingTurnkey fully renovatedAlley accessShared laundry facility
- 27 days
- 143
- 6
Zillow last checked:
Listing updated:
Listed by:
Jessica Morales Main:907-301-9291,
EXIT Real Estate Professionals
Source: SMLS as distributed by MLS GRID,MLS#: 202622104
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 8
Heating
- Electric, Ductless
Cooling
- Window Unit(s)
Appliances
- Included: Gas Range, Refrigerator
- Laundry: In Basement
Features
- Basement: Full,Finished
- Has fireplace: No
Interior area
- Total structure area: 4,309
- Total interior livable area: 4,309 sqft
Property
Parking
- Total spaces: 10
- Parking features: Off Site, Alley Access
Features
- Levels: Three Story
- Stories: 2
Lot
- Size: 6,000 Square Feet
- Features: Level
Details
- Parcel number: 35073.4503
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
Materials
- Stone Veneer, Wood Siding
- Roof: Composition
Condition
- Year built: 1905
Community & HOA
HOA
- Amenities included: Laundry
Location
- Region: Spokane
Financial & listing details
- Price per square foot: $193/sqft
- Annual tax amount: $7,227
- Date on market: 8/5/2026
- Listing terms: Conventional,Cash,Exchange,Commercial
- Road surface type: Paved
Estimated market value
$795,800
$756,000 - $836,000
$1,470/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/5/2026 | Listed for sale | $830,500$193/sqft |
Source: | ||
| 7/13/2026 | Listing removed | $830,500$193/sqft |
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| 6/19/2026 | Listed for sale | $830,500+0.1%$193/sqft |
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| 5/12/2026 | Listing removed | $829,900$193/sqft |
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| 3/19/2026 | Listing removed | $995 |
Source: Zillow Rentals Report a problem | ||
| 1/30/2026 | Listed for sale | $829,900-2.4%$193/sqft |
Source: | ||
| 1/23/2026 | Listed for rent | $995 |
Source: Zillow Rentals Report a problem | ||
| 1/22/2026 | Listing removed | $850,500$197/sqft |
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| 12/4/2025 | Listing removed | $995 |
Source: Zillow Rentals Report a problem | ||
| 11/7/2025 | Price change | $850,500-5.4%$197/sqft |
Source: | ||
| 10/11/2025 | Listed for rent | $995 |
Source: Zillow Rentals Report a problem | ||
| 7/21/2025 | Listed for sale | $899,500+16.1%$209/sqft |
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| 4/1/2024 | Sold | $775,000-6.1%$180/sqft |
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| 2/28/2024 | Pending sale | $825,000$191/sqft |
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| 2/2/2024 | Price change | $825,000-8.2%$191/sqft |
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| 1/16/2024 | Listed for sale | $899,000+38.3%$209/sqft |
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| 1/10/2022 | Sold | $650,000$151/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: West Central
Nearby schools
Schools provided by the listing agent
- Elementary: Holmes
- Middle: Yasuhara
- High: North Central
- District: Spokane Dist 81
Source: SMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.








