20-unit multifamily investment opportunity in convenient North Spokane location. The property features 20 one-bedroom, one-bath units with LVP flooring, off-street parking, and an on-site laundry facility. Current rental income is $16,578.50 per month. Built in 1965, the 12,800 SF property offers an attractive investment profile with a $105,000 NOI and 6.38% cap rate.
Active
$2,100,000
6119-6123 N Colton St, Spokane, WA 99208
20beds
20baths
12,800sqft
MultiFamily
Built in 1965
-- sqft lot
$-- Zestimate®
$164/sqft
$-- HOA
What's special
Off-street parkingOn-site laundry facilityLvp flooring
- 18 days
- 99
- 5
Zillow last checked:
Listing updated:
Listed by:
Ryan Towner 509-481-0373,
LT Real Estate,
Dallas Lightner 509-315-8720,
LT Real Estate
Source: SMLS as distributed by MLS GRID,MLS#: 202622562
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 20
- Bathrooms: 20
Heating
- Electric, Baseboard, Hot Water
Appliances
- Laundry: In Basement
Features
- Basement: Partial,Crawl Space
- Has fireplace: No
Interior area
- Total structure area: 12,800
- Total interior livable area: 12,800 sqft
Property
Parking
- Parking features: Carport, Off Site, Alley Access
- Has carport: Yes
Features
- Levels: Two
- Stories: 2
Lot
- Features: Sprinkler - Automatic, Level
Details
- Additional parcels included: 36322.0622
- Parcel number: 36322.0623
Construction
Type & style
- Home type: MultiFamily
Materials
- Brick
- Roof: Composition
Condition
- Year built: 1965
Community & HOA
HOA
- Amenities included: Laundry, Storage
Location
- Region: Spokane
Financial & listing details
- Price per square foot: $164/sqft
- Date on market: 8/13/2026
- Listing terms: Conventional,Cash,Commercial
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/13/2026 | Listed for sale | $2,100,000+10.5%$164/sqft |
Source: | ||
| 6/17/2025 | Sold | $1,900,000-7.3%$148/sqft |
Source: | ||
| 3/24/2025 | Pending sale | $2,050,000$160/sqft |
Source: | ||
| 3/18/2025 | Listed for sale | $2,050,000$160/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Nevada-Lidgerwood
Nearby schools
Schools provided by the listing agent
- 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.


