Description
Introducing 1308 W Nora Ave, a fully renovated conforming four-plex located in one of Spokane’s fastest-growing neighborhoods. Vacant and move-in ready, it offers investors a turnkey opportunity with strong immediate cash flow and long-term upside. One unit rented at $1,550. Remaining units will be rented shortly. Each unit is separately metered with its own water heater, keeping costs low and management simple. Projected total rents are approximately $5,800 per month, providing excellent income potential and solid returns. Extensive renovations throughout ensure very low maintenance expenses for years to come. Updates include new windows, plumbing, and electrical systems, fresh interior and exterior paint, modern flooring, doors, and finishes, along with reconfigured layouts for improved flow and functionality. The basement unit is a 2 bed / 1 bath, the main level is a 2 bed / 1 bath, and the two upper units are 1 bed / 1 bath each. Larger units feature in-unit washer/dryer hookups for added convenience.
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6BEDS
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0.13ACRES
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4BATHS
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01/2 BATHS
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3,082SQFT
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$170$/SQFT
School Information
Description
Introducing 1308 W Nora Ave, a fully renovated conforming four-plex located in one of Spokane’s fastest-growing neighborhoods. Vacant and move-in ready, it offers investors a turnkey opportunity with strong immediate cash flow and long-term upside. One unit rented at $1,550. Remaining units will be rented shortly. Each unit is separately metered with its own water heater, keeping costs low and management simple. Projected total rents are approximately $5,800 per month, providing excellent income potential and solid returns. Extensive renovations throughout ensure very low maintenance expenses for years to come. Updates include new windows, plumbing, and electrical systems, fresh interior and exterior paint, modern flooring, doors, and finishes, along with reconfigured layouts for improved flow and functionality. The basement unit is a 2 bed / 1 bath, the main level is a 2 bed / 1 bath, and the two upper units are 1 bed / 1 bath each. Larger units feature in-unit washer/dryer hookups for added convenience.
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