1332 W Garland AVE, Spokane, WA 99205
1332 W Garland AVE, Spokane, WA 99205
1332 W Garland AVE, Spokane, WA 99205
1332 W Garland AVE, Spokane, WA 99205
1332 W Garland AVE, Spokane, WA 99205
1332 W Garland AVE, Spokane, WA 99205
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RSVP Real Estate Group

RSVP Real Estate Group

+1(425) 610-7787
Listed by:The Paragon Group • Peter Clark
$ 1,300,000
Est. payment | /mo

15 Beds

9 Baths

6,570 SqFt

Save
$ 1,300,000
Est. payment | /mo
Save

15 Beds

9 Baths

6,570 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,570 sqft

Price per Sqft $197

Subdivision Shadle Garland

MLS Listing ID 2562100

Style 53 - Tri-plex

Bedrooms 15

Year Built 1973

Annual Tax Amount $7,904

Lot Size 0.424 Acres

Property Sub-Type Multi Family

Property Description

3906-3912 N Cedar St & 1332-1336 W Garland Ave offers three triplexes on three parcels in Spokane's Garland District. The 9-unit portfolio has already benefited from meaningful ownership investment, including renovated interiors in 6 of 9 units, and major CapEx such as new roofs and windows. With stabilized performance and proven rent growth on renovated units, the portfolio offers dependable in-place income with additional upside remaining. The remaining upside is straightforward and achievable. As long-term tenants naturally vacate, select units can be renovated to match the quality of the completed interiors, allowing rents to continue moving toward proven renovated unit levels. This creates a clear path to incremental cash flow growth while preserving the portfolio's stabilized performance. Located in the heart of the Garland District, the portfolio benefits from one of Spokane's most recognizable neighborhood corridors. Known for its historic theater, local restaurants, shops, pubs, and neighborhood character, Garland provides tenants with a walkable, amenity-rich setting while remaining close to Spokane's broader employment and commercial centers. Continued reinvestment in the district has strengthened its appeal, making the location a clear positive for long-term tenant demand.

Location

State WA

County Spokane

Area 561 - Spokane County

Interior

Fireplace false

Exterior

Exterior Feature Brick

View Y/N No

Roof Type Composition

Building

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Willard Elem

Middle Schools Glover Mid

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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