Address
1112 S Ash St, Spokane, WA
Price
$ 449,900
Property Attributes
- ID#202622528
- TypeIncome
- Listing Status Active
- CountySPOKANE
- CitySpokane
- AreaA220-040
- Zip99204
- StyleTwo Story
- Year Built1906
- Price$ 449,900
- Bedrooms4
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage2002
- Lot Size0.06 Acres
Data Source:
Spokane AOR
Property Description
Cash-Flowing Triplex with Value-Add Potential! Fully occupied and producing $3,275 per month in gross rental income ($39,300 annually), this investment property offers immediate returns and long-term upside. The unit mix includes one 2-bedroom unit and two 1-bedroom units with established rents of $1,400, $1,000, and $875 per month. Great South hill location! Investors will appreciate the opportunity to further increase returns through future rent adjustments, property enhancements, improved operational efficiencies, and potential basement unit expansion. With tenants already in place and income from day one, this property checks the boxes for investors seeking both stability and growth. New roof in 2019 and new vinyl windows in 2025. Rare opportunity to acquire a performing asset with existing cash flow and multiple strategies for increasing value and maximizing ROI. Showings available with accepted offer. AI was used to remove tenant personal items. Buyer and buyer's agent to verify all information.
| Elementary School | Middle School | High School |
|---|---|---|
| Roosevelt Elementary School | Sacajawea Middle School | Lewis & Clark High School |
| Price History | |
|---|---|
| 8/13/2026 | Listed $449,900 |
General Features
| Living Area | 2002 |
|---|---|
| Heating | Natural Gas,Electric,Forced Air,Baseboard |
| Roof | Composition |
| Appliances | Free-Standing Range,Dishwasher,Refrigerator |
| Construction Materials | Wood Siding |
| Year Built | 1906 |
| Stories Count | 2 |
| Property Subtype | Residential Income |
| County | Spokane |
| Property Type | Residential Income |
| Association Amenities | Laundry,Storage |
| Status | Active |
| High School | Lewis & Clark |
| City | Spokane |
| Number Of Units Total | 3 |
| Lot Size Square Feet | 2683 |
| Listing Terms | Conventional,Cash |
| Elementary School | Roosevelt |
| Middle/Junior High School | Sacajawea |
| Water Sewer Expense | 3900 |
| Additional Parcels Y/N | No |
| Structure Type | Two Story |
| Standard Status | Active |
| Elementary School District | Spokane Dist 81 |
Interior Features
| Basement | Laundry,Walk-Out Access |
|---|---|
| Fireplace Features | Masonry,Woodburning Fireplce |
| Basement (Y/N) | Yes |
Exterior Features
| Parking Features | None |
|---|---|
| Lot Features | City Bus (w/in 6 blks) |
| Building Area Total | 2002 |
| Lot Size Acres | 0.06 |
| Road Frontage Type | City Street,Private Road |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Income Average in 99204
Price
Year Built
Visits
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
