3123 E Carlisle AVE, Spokane, WA 99207
3123 E Carlisle AVE, Spokane, WA 99207
3123 E Carlisle AVE, Spokane, WA 99207
3123 E Carlisle AVE, Spokane, WA 99207
3123 E Carlisle AVE, Spokane, WA 99207
3123 E Carlisle AVE, Spokane, WA 99207
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RSVP Real Estate Group

RSVP Real Estate Group

+1(425) 610-7787
Listed by:The Paragon Group • Peter Clark
$ 910,000
Est. payment | /mo

14 Beds

7 Baths

5,760 SqFt

Save
$ 910,000
Est. payment | /mo
Save

14 Beds

7 Baths

5,760 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,760 sqft

Price per Sqft $157

Subdivision Spokane

MLS Listing ID 2562067

Style 54 - 4-Plex

Bedrooms 14

Year Built 1979

Annual Tax Amount $8,942

Lot Size 8,000 Sqft

Property Sub-Type Multi Family

Property Description

3123-3125 E Carlisle Ave is a fully renovated 7-unit multifamily property in Spokane. The property features a uniform two-bedroom, one-bathroom unit mix, providing operational simplicity and broad tenant appeal. With updated interiors, stabilized occupancy, and limited near-term capital needs, the asset offers immediate cash flow supported by straightforward day-to-day operations. The property is located in a tight residential pocket of east Spokane with convenient access to nearby employment, education, transportation, and recreation drivers. Tenants benefit from proximity to grocery stores, dining, parks, public transit, and major arterials, while investors benefit from a concentrated comp set supported by recent sales, new construction, and active investment within the immediate area. This localized momentum helps distinguish the property from the broader Southeast Spokane market and reinforces demand for well-maintained rental housing in the submarket. As Spokane continues to grow, the area surrounding E Carlisle Ave is positioned to benefit from ongoing infrastructure improvements, including the continued development of the North-South Corridor. The combination of high occupancy, updated condition, straightforward two-bedroom floorplans, and remaining upside through rent adjustments and utility reimbursement creates a durable small-balance multifamily opportunity.

Location

State WA

County Spokane

Area 561 - Spokane County

Interior

Fireplace false

Exterior

Exterior Feature Metal/Vinyl

View Y/N No

Roof Type Composition

Building

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Logan Elem

Middle Schools Buyer To Verify

High Schools North Central High

School District Spokane

Others

Senior Community No

Acceptable Financing Conventional

Listing Terms Conventional

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.

Nearby Schools & Businesses

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RSVP Real Estate Group

RSVP Real Estate Group

+1(425) 610-7787

Real Estate Firm | License ID: 17634

Real Estate Firm License ID: 17634

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