Rare opportunity to own a four plex in Spokane’s highly desirable Gonzaga District—just minutes from Gonzaga University, public transportation, and Downtown Spokane! These well-maintained buildings boast a combined gross income of approximately $62,400 annually, with 3 of the 4 units fully remodeled, including the two most recent rentals bringing in $1,400/month each. All units are 2 bed / 1 bath and feature in-unit laundry, making them highly attractive to tenants along with the 4 car carport and 3 storage units. Investors will appreciate the stability and strong cash flow without the need for commercial financing. All appliances, including washers and dryers, are included in the sale, making this a truly turnkey investment. Recent improvements include new roofs on both the main complex and carport, updated siding and exterior paint. Showings available with accepted offer only. Please don't disturb tenants. Seller is a licensed real estate agent.
Closed
$650,000
2411 N Cincinnati St, Spokane, WA 99207
8beds
4baths
3,656sqft
Multi Family
Built in 1976
-- sqft lot
$590,800 Zestimate®
$178/sqft
$1,229 Estimated rent
Home value
$590,800
$538,000 - $638,000
$1,229/mo
Zestimate® history
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List your homeWhat's special
Well-maintained buildingsIn-unit laundryUpdated sidingNew roofs
Zillow last checked:
Listing updated:
Listed by:
Spencer Millsap Main:509-688-5014,
REAL Broker LLC
Source: SMLS as distributed by MLS GRID,MLS#: 202526626
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Primary bedroom
- Description: 1st Flr
Dining room
- Description: Informal
Family room
- Description: 1st Flr,Off Kit
Heating
- Electric, Baseboard
Cooling
- Wall Unit(s)
Appliances
- Included: Free-Standing Range, Dishwasher, Refrigerator, Washer, Dryer
Features
- Flooring: Wood
- Windows: Aluminum Frames, Windows Vinyl, Multi Pane Windows
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 3,656
- Total interior livable area: 3,656 sqft
Property
Parking
- Total spaces: 4
- Parking features: Detached, Carport, Off Site, Alley Access
- Carport spaces: 4
Features
- Stories: 2
- Fencing: Fenced
Lot
- Size: 6,534 sqft
- Features: Sprinkler - Automatic, Level, Near Public Transit, Oversized Lot
Details
- Has additional parcels: Yes
- Parcel number: 35081.5609
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Wood Siding
- Roof: Composition
Condition
- Year built: 1976
Community & neighborhood
Location
- Region: Spokane
Other
Other facts
- Listing terms: Conventional,Cash
- Road surface type: Gravel
Price history
| Date | Event | Price |
|---|---|---|
| 12/31/2025 | Sold | $650,000$178/sqft |
Source:  SMLS as distributed by MLS GRID #202526626 Report a problem | ||
| 12/1/2025 | Pending sale | $650,000$178/sqft |
Source: SMLS as distributed by MLS GRID #202526626 Report a problem | ||
| 11/10/2025 | Listed for sale | $650,000+41.3%$178/sqft |
Source: SMLS as distributed by MLS GRID #202526626 Report a problem | ||
| 7/21/2023 | Sold | $460,000+119%$126/sqft |
Source: Public Record Report a problem | ||
| 12/23/2008 | Sold | $210,000-12.5%$57/sqft |
Source: SMLS as distributed by MLS GRID #28015586 Report a problem | ||
| 6/27/2008 | Listing removed | $239,900$66/sqft |
Source: Listhub #28015586 Report a problem | ||
| 5/25/2008 | Price change | $239,900-7.4%$66/sqft |
Source: Listhub #28015586 Report a problem | ||
| 3/15/2008 | Listed for sale | $259,000+57.9%$71/sqft |
Source: Listhub #27023677 Report a problem | ||
| 1/30/2003 | Sold | $164,000+42.6%$45/sqft |
Source: Public Record Report a problem | ||
| 6/1/2000 | Sold | $115,000$31/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,634 -8.6% | $467,200 -10.8% |
| 2023 | $5,071 +20.6% | $523,700 +21.8% |
| 2022 | $4,204 +41.7% | $429,900 +31.9% |
| 2021 | $2,967 +3% | $326,000 +39.8% |
| 2020 | $2,881 +12.5% | $233,200 +8.9% |
| 2019 | $2,562 | $214,200 +5.7% |
| 2018 | $2,562 -9.2% | $202,650 +0.8% |
| 2017 | $2,820 +2.7% | $201,000 +7.3% |
| 2016 | $2,746 +9.5% | $187,300 +6.6% |
| 2015 | $2,508 | $175,700 -3% |
| 2014 | $2,508 | $181,100 |
| 2013 | $2,508 -1.7% | -- |
| 2011 | $2,551 +16.9% | -- |
| 2010 | $2,183 | -- |
| 2009 | $2,183 +32.7% | -- |
| 2008 | $1,645 | -- |
| 2007 | $1,645 -85.9% | $147,800 |
| 2005 | $11,653 +386.7% | -- |
| 2004 | $2,394 +26.7% | -- |
| 2003 | $1,890 | -- |
| 2002 | $1,890 +0.1% | -- |
| 2001 | $1,887 -4.9% | $127,900 |
| 1999 | $1,983 | $127,900 |
Find assessor info on the county website
Neighborhood: Logan
Nearby schools
GreatSchools rating
- 1/10Logan Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 3/10Denny Yasuhara Middle SchoolGrades: 6-8Distance: 0.4 mi
- 6/10North Central High SchoolGrades: 6-12Distance: 1.1 mi
Schools provided by the listing agent
- Elementary: Logan
- 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.
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- Washington
- Spokane County
- Spokane
- 99207
- Logan
- 2411 N Cincinnati St
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