224 S Howard St Spokane, WA 99201
We are pleased to present the Howard Building for sale at 224 S Howard St in Downtown Spokane. This property offers 40 apartment units, 2 retail suites (one occupied by The Blessed Express Barbershop, one vacant) Significant Capital Improvements - Extensive upgrades include fresh paint, new flooring, updated bathrooms, modern light fixtures, and partial furnishings. Diverse Income Stream - 40 apartments and 2 ground-floor retail suites provide balanced residential and commercial revenue. Resident Amenities - Tenants enjoy shared laundry, communal space, and enhanced security in a walkable downtown location near dining, shopping, entertainment, third-party parking, and transit. Value-Add Potential - Lease the vacant retail suite, activate the basement, and optimize operations for increased NOI. Attractive Assumable Loan - Seller financing via an assumable note at 4.65% interest-only, maturing January 2028, with 24-month extension option.
property details
Interior Features
Utility & Building Info
Baseboard
Price History
| date | event | price | source |
|---|---|---|---|
|
04/29/2026
04/29/2026
|
Pending |
$1,800,000
|
Spokane Association of Realtors |
|
04/24/2026
04/24/2026
|
Active |
$1,800,000
|
Spokane Association of Realtors |
|
04/23/2026
04/23/2026
|
Pending |
$1,800,000
|
Spokane Association of Realtors |
|
02/26/2026
02/26/2026
|
Pending |
$1,850,000
|
Spokane Association of Realtors |
|
02/04/2026
02/04/2026
|
Active |
$1,850,000
|
Spokane Association of Realtors |
|
01/27/2026
01/27/2026
|
Active |
$1,900,000
|
Spokane Association of Realtors |
Market Trends
Source: Constellation1
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