1829 W 6th Ave Spokane, WA 99204
7.6% CAP RATE POTENTIAL. High-performance investment opportunity in Spokane's desirable Cliff-Cannon neighborhood! This 3-bedroom, 1-bath cottage is perfectly positioned for the medical professional tenant pool, just minutes from the hospital district and Downtown core. Pro-forma market rent is estimated at $2,100/mo, delivering a projected 7.6% cap rate at the $235,000 price point. Delivered fully vacant, this property allows a new owner to establish a fresh market-rate baseline under 2026 rent stabilization guidelines. Featuring a newer roof, fresh exterior paint, and a compact, low-maintenance footprint, this asset is designed for consistent occupancy and high yield. Ideally situated in a resilient rental sub-market with historically low vacancy. Buyer to verify all financial projections, square footage, and local rental regulations.
property details
Interior Features
Refrigerator
Exterior Features
Utility & Building Info
1 Story
Price History
| date | event | price | source |
|---|---|---|---|
|
06/04/2026
06/04/2026
|
Active |
$215,000
|
Spokane Association of Realtors |
|
04/30/2026
04/30/2026
|
Active |
$235,000
|
Spokane Association of Realtors |
|
04/11/2026
04/11/2026
|
Active |
$250,000
|
Spokane Association of Realtors |
Market Trends
Source: Constellation1
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