$2,000,000

For sale

6119 N••••• Colton St (Sign up for 50 free credits to unlock)Spokane, WA 99208

20Beds
15Baths
12,800Sq Ft Living
8,712Sq Ft Lot
1965Year Built

Property Description

20-unit multifamily investment opportunity in convenient North Spokane location. The property features 20 one-bedroom, one-bath units with LVP flooring, off-street parking, and an on-site laundry facility. Effective Gross Income of $18,310.20 per month. Built in 1965, the 12,800 SF property offers an attractive investment profile with a $134,042 NOI and 6.7% cap rate.

Property Facts & Features

Property Type
Multi Family
Status
Active
Listed
Sep 30, 2026
Price per Sq Ft
$156/sqft
ZIP Code
99208
Full Baths
15
Heating
Electric, Baseboard, Hot Water
Construction
Brick, Frame
Property Tax (2026)
$8,469/yr
Assessed Value
$781,800
Last Sold
$1,900,000 · Jun 10, 2025
Neighborhood
Nevada Heights
County
Spokane
School District
Spokane School District

Features & Amenities

Bedrooms

  • Bedrooms: 20

Bathrooms

  • Total Bathrooms: 0
  • Full Bathrooms: 15

Land Info

  • Level
  • Lot Size Acres: 0.2
  • Lot Size Square Feet: 8712

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Other Rooms

  • Basement Features: Crawl Space

Multi-Unit Info

  • Number of Units: 20
  • Number of 1 Bedroom Units: 20
  • Bedrooms in Unit-1: 1
  • Bedrooms in Unit-2: 1
  • Bedrooms in Unit-3: 1
  • Bedrooms in Unit-4: 1
  • Bedrooms in Unit-5: 1
  • Bedrooms in Unit-6: 1
  • Bedrooms in Unit-7: 1
  • Bedrooms in Unit-8: 1
  • Bedrooms in Unit-9: 1
  • Bedrooms in Unit-10: 1
  • Total Bathrooms in Unit-1: 1
  • Total Bathrooms in Unit-2: 1
  • Total Bathrooms in Unit-3: 1
  • Total Bathrooms in Unit-4: 1
  • Total Bathrooms in Unit-5: 1
  • Total Bathrooms in Unit-6: 1
  • Total Bathrooms in Unit-7: 1
  • Total Bathrooms in Unit-8: 1
  • Total Bathrooms in Unit-9: 1
  • Total Bathrooms in Unit-10: 1
  • Full Bathrooms in Unit-1: 1
  • Full Bathrooms in Unit-2: 1
  • Full Bathrooms in Unit-3: 1
  • Full Bathrooms in Unit-4: 1
  • Full Bathrooms in Unit-5: 1
  • Full Bathrooms in Unit-6: 1
  • Full Bathrooms in Unit-7: 1
  • Full Bathrooms in Unit-8: 1

Heating and Cooling

  • Heating Features: Electric, Baseboard, Hot Water
  • Heating: Yes

Other Property Info

  • Annual Tax Amount: 924200
  • Source Listing Status: Active
  • County: Spokane
  • Directions: GPS is accurate
  • Tax Year: 2024
  • Area: Washington Counties
  • MLS Area Minor: Washington Counties
  • Source Neighborhood: Washington Counties
  • Parcel Number: 36322.0623
  • Township: 26
  • Zoning: RHD-70
  • Property Subtype: Multi Family

Homeowners Association

  • Association: No
  • Calculated Total Monthly Association Fees: 0

Building and Construction

  • Total Square Feet Living: 12800
  • Year Built: 1965
  • Building Area Total: 12800
  • Construction Materials: Brick, Frame
  • Foundation Details: Concrete Perimeter
  • Living Area Source: Assessor
  • Property Age: 61
  • Roof: Composition
  • House Style: Multi Level
  • Total Area Sqft: 12800

Exterior and Lot Features

  • Road Maintenance: Public Maintained Road
  • Road Surface Type: Paved

Location

Lat 47.71388 · Lng -117.40764