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Listed by Derek Raivio • LT Real Estate
$640,000
Est. payment /mo
6,969 Sqft Lot
New
819 E Sinto Ave Ave Spokane, WA 99202
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Key Details
Property Type Multi-Family
Sub Type Residential Income
Listing Status Active
Purchase Type For Sale
MLS Listing ID 202619205
Year Built 1909
Lot Size 6,969 Sqft
Lot Dimensions 0.16
Property Sub-Type Residential Income
Property Description
Extremely rare opportunity in a highly sought-after location where properties seldom become available. Positioned just 1 block from Gonzaga University, this offering presents exceptional potential for student housing investors and developers alike. The property includes two separate homes, each are 1236 sqft and feature 3 bedrooms and 1 bathroom, with the potential to add an additional bathroom to each residence for increased rental appeal and income. Zoned CA-1 with a maximum building height allowance of 75 feet, this property also offers significant redevelopment potential. Rent the existing homes as-is, enhance the current improvements, or maximize the parcel's density with new construction. Whether you're seeking strong rental demand near Gonzaga University or a strategic long-term investment opportunity, this property delivers exceptional versatility and upside. Additional address is 817 E Sinto Ave.
Location
State WA
County Spokane
Rooms
Basement None
Interior
Interior Features Hot Water
Heating Natural Gas, Forced Air, Ductless
Cooling Central Air
Appliance Range, Dishwasher, Disposal
Exterior
Parking Features Off Site, Alley Access
Amenities Available None
View Y/N true
Roof Type Composition
Building
Lot Description Level
Story 2
Structure Type Asbestos
Schools
Elementary Schools Logan
Middle Schools Yasuhara
High Schools North Central
School District Spokane Dist 81
Others
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
Nearby Locations
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