Property
Contact for Price0.16 Acres2 beds • 2 baths • 1,050 sq ft
For Sale
For Sale
Contact for Price0.16 Acres
For Sale
2 beds • 2 baths • 1,050 sq ft

864 S Sherman St unit: 876 S Sherman St, Spokane, WA 99202 - Spokane County

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Property ID 26054083

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MULTI_FAMILY - Ranch - Spokane, WA

Description

ATTENTION INVESTORS: DUPLEX NEAR HOSPITALS AND PERRY DISTRICT. Start with or add this cash flowing rental property to your portfolio. Both units are 1BR/1BA with 525 sqft (1,050 sqft total). Both in good condition. Almost 100% occupied since Dec 2021. Solid tenants. Rents are currently $900 & $1,020 per month. Tenants pay Water/Sewer/Garbage. 2025 Gross Operating Income was $24,370.78; Total Operating Expenses were $4,281.91; Net Operating Income was $20,088.87, which at the current list price puts the Cap Rate at 6.181%.

Copyright © 2026 Spokane Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Environmental Factors

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Source:First Street
Listing provided by
Source: ListHub, MLS# 202527958
Listing status: Active
Listing last updated: February 3, 2026 at 3:36 PM
Listing last checked: February 3, 2026 at 3:30 PM
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