Financial
Electrical Expenses:   $1,793
Water/Sewer/Garbage:   $1,793
Insurance Expenses:   $1,908
Other Expenses:   $10,522
Total Expeses:   $24,474
Total Expenses:   $24,953
Total Monthly Income:   $5,590
Net Operating Income:   $42,388
Gross Adjusted Income:   $67,341
Gross Scheduled Income:   $67,341
Cap Rate (NOI / Listing Price):   $4.99
Gross Rent Multiplier:   $13.00

Year Built:   2011
Effective Year Built:   2011
Effective Year Built Source:   Public Records
Building Condition:   Very Good
Number of Stories:   2
Roof:   See Remarks
Exterior:   Wood Products
Floor Covering:   See Remarks
Foundation:   See Remarks
Approx. Sq Ft:   4,100
Leased Items:   None

Lot Size:   6,000 Sq Ft
Lot Size Source:   County Assessor

Utilities
Energy Source:   Electric
Power Company:   Avista Power
Sewer Company:   City of Spokane
Water Company:   City of Spokane
Water Source:   Community

Parking
Number of Uncovered Parking Spaces:   4
Total Number of Parking Spaces:   4

Address:   1023 W Knox Avenue, Spokane, WA 99205
City:   Spokane
State:   
Zip Code:   99205
Latitude:   47.67647700
Longitude:   -117.42774000
Driving Directions:   1023 W Knox Ave, Spokane

Community Name:   Spokane
School District:   Spokane

County:   Spokane
Tax Number:   35073.1115
Zoning Jurisdiction:   City
Tax Amount:   $7,144   Tax amount may change after sale.
Tax Year:   2025

Listing Price:   $850,000
Potential Terms:   Cash Out, Conventional
3rd Party Approval Required:   None
Possession Allowed:   Closing
Preliminary Title Ordered:   Yes

Listing Number:   2372985
Listing Status:   Active
Listing Office:   Kidder Mathews
Listing Date:   2025-05-08
Original Listing Price:   $900,000
MLS Area:   Spokane County
Square Footage Source:   Property Manager
Lot Size Source:   County Assessor
Marketing Remarks:   Exceptional opportunity to own turnkey two-story townhomes built in 2011, offering the rare advantage of qualifying for residential financing as an owner-occupied investment. These spacious units command premium rents compared to standard apartments, with immediate upside—current rents have a 22% growth potential without any renovations. Residents enjoy updated building systems, an amenity-rich neighborhood filled with jobs, restaurants, and schools, plus excellent transit access with multiple bus stops within walking distance. Don’t miss this chance to invest in quality, location, and long-term income growth.

The information contained in this listing has not been verified by Katz Realty, Inc. and should be verified by the buyer.
* Cumulative days on market are days since current listing date.