Prime mixed-use property in Spokane’s sought-after South Hill neighborhood. The building features 1,015 sqft retail space with a coffee tenant in place with five years left on the lease and twenty-nine apartments above. Located in an Opportunity Zone, the property offers valuable tax benefits and strong income potential. The unit mix includes eighteen one-bedroom and eleven two-bedroom apartments, all with spacious layouts and quality finishes. Rent upside of 10%-20% provides additional growth potential. A solid investment opportunity in a high-demand location close to downtown, shopping, and dining.
Active
$4,250,000
507 S Howard St, Spokane, WA 99204
40beds
29baths
42,500sqft
MultiFamily
Built in 1912
-- sqft lot
$-- Zestimate®
$100/sqft
$-- HOA
What's special
Quality finishesSpacious layouts
- 234 days |
- 689 |
- 23 |
Zillow last checked:
Listing updated:
Listed by:
Derek Raivio 360-518-9381,
LT Real Estate
Source: SMLS as distributed by MLS GRID,MLS#: 202526824
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 40
- Bathrooms: 29
Heating
- Electric, Baseboard
Appliances
- Laundry: In Basement
Features
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total structure area: 42,500
- Total interior livable area: 42,500 sqft
Property
Parking
- Parking features: Off Site, Alley Access
Features
- Levels: Four Level
- Stories: 4
Lot
- Size: 0.33 Acres
Details
- Parcel number: 35191.4301
Construction
Type & style
- Home type: MultiFamily
Materials
- Brick
- Roof: Flat
Condition
- Year built: 1912
Community & HOA
HOA
- Amenities included: Laundry
Location
- Region: Spokane
Financial & listing details
- Price per square foot: $100/sqft
- Date on market: 11/14/2025
- Listing terms: Conventional,Cash,Commercial
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$1,316/mo
Price history
| Date | Event | Price |
|---|---|---|
| 12/11/2025 | Price change | $4,250,000-5.6%$100/sqft |
Source:  SMLS as distributed by MLS GRID #202526824 Report a problem | ||
| 11/14/2025 | Listed for sale | $4,500,000+66.1%$106/sqft |
Source: SMLS as distributed by MLS GRID #202526824 Report a problem | ||
| 7/7/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 6/6/2022 | Listed for rent | $1,295+52.4% |
Source: Zillow Rental Manager Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 4/2/2018 | Sold | $2,710,000-9.6%$64/sqft |
Source: SMLS as distributed by MLS GRID #201724871 Report a problem | ||
| 4/1/2018 | Listing removed | $850 |
Source: Owner Report a problem | ||
| 3/23/2018 | Price change | $850-15% |
Source: Owner Report a problem | ||
| 3/20/2018 | Listed for rent | $1,000 |
Source: Owner Report a problem | ||
| 10/20/2017 | Price change | $2,999,000-4.8%$71/sqft |
Source: John L Scott, Spokane, Inc. #201724871 Report a problem | ||
| 9/21/2017 | Listed for sale | $3,150,000$74/sqft |
Source: John L Scott, Spokane, Inc. #201724871 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Cliff-Cannon
Nearby schools
GreatSchools rating
- 7/10Roosevelt Elementary SchoolGrades: PK-6Distance: 0.7 mi
- 9/10Sacajawea Middle SchoolGrades: 6-8Distance: 1.9 mi
- 8/10Lewis & Clark High SchoolGrades: 9-12Distance: 0.1 mi
Schools provided by the listing agent
- Elementary: Roosevelt
- Middle: Sacajawea
- High: Lewis & Clark
- 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.
A local agent can set up tours, give advice and negotiate with sellers.
- Washington
- Spokane County
- Spokane
- 99204
- Cliff-Cannon
- 507 S Howard St
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Spokane Topics
