Please reload the page to update with the latest MLS information available.

Please reload the page to update with the latest MLS information available.

Please reload the page to update with the latest MLS information available.

Reload
 
Listing provided courtesy of LT Real EstateMLS# SAR202526824MLS Provider
  • 227 days on site
  • 35 views

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.

Source: Spokane MLS, MLS#: SAR202526824

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
  • Property Type
    Residential Income
  • Lot
    0.32 acres

Get in Contact

Would you like to know more about this property? We're here to help! Let's connect and find what you're looking for.

BethAnn Long

Create a profile so you can receive updates on this property as soon as they happen!

  • Median Age
    32
  • Population Density
    6,218
  • College Educated
    49%
  • Estimated Median Income
    $41,678
  • Estimated Total Home Owners
    1,169
  • Estimated Total Renters
    2,547
  • Owner / Renter Divide
    31% / 69%
  • Estimated Average Household Size
    2
  • Total Population
    7,010
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
$ %
%
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 507 S Howard St

Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
12/17/2025Source: Spokane MLS Status Change
Active
12/11/2025Source: Spokane MLS Price Reduction
$4,250,000 -5.6%
12/11/2025Source: Spokane MLS Status Change
Chg price
11/20/2025Source: Spokane MLS Status Change
Active
11/14/2025Source: Spokane MLS Added to Database
November 14, 2025