Presented by: Kidder Mathews and NWMLS
Property Description
The Metropole is a fully renovated, historic mixed-use property in the heart of Downtown Spokane featuring 16 residential units and 4 ground-floor commercial suites. Renovated in 2007 with upgraded plumbing, electrical, heating, and major systems, the asset offers stable in-place income with immediate upside through rent growth and operational improvements. Ideally located near Spokane’s hospital district, downtown employers, Riverfront Park, WSU Spokane, and Gonzaga University, Metropole provides investors with a well-located, character-rich asset in one of Eastern Washington’s strongest rental markets.
Interior Features
Bedrooms
Bedrooms Possible15
Bedrooms Upper0
Bathrooms
Baths Full Upper0
Baths Half Upper0
Baths Three Quarter Upper0
Other Interior Features
Air Conditioning Y/NNo
Fireplace Y/NNo
FlooringVinyl, Carpet
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces0
Total Stories3
General
AmenitiesCoin Op Laundry
Building Area Units0 sqft
Cap Rate5.7
Carport Spaces0
Carport Y/NNo
CitySpokane
CoolingNone
CountySpokane
Directions176 S HOWARD ST, SPOK ANE
Electric Expense5839
Fuel Expense5839
Garage Spaces0
HOANo
HOA Fee$0
HeatingDuctless
High School DistrictSpokane
Insurance Expense15994
Leasable Area12,193 sqft
Listing TermsCash
Living Area0 sqft
Lot Size Square Feet5,360 sqft
Lot Size UnitsSquare Feet
MLS Area561 - Spokane County
NWM_ShowMapLinkY
Net Operating Income119456
New ConstructionNo
Number Of Units Total3
PossessionClosing
Possible UseBusiness, Commercial, Multi-Family
Property ConditionGood
Property Style56 - 10+ Units
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksThe Metropole is a fully renovated, historic mixed-use property in the heart of Downtown Spokane featuring 16 residential units and 4 ground-floor commercial suites. Renovated in 2007 with upgraded pl
RoofFlat
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeMulti Family
Subdivision NameSpokane
Tax Annual Amount$21,305
Tax Year2026
Units Below Gradefalse
Units In Building Total20
Virtual TourClick here
Water CompanyCity of Spokane
Water Sewer Garbage5839
Year Built1901
Zoning DescriptionBusiness, Commercial, Multi-Family
Exterior
Building Area Total7,263 sqft
Covered Spaces0
Exterior AmenitiesBrick
Foundation DetailsPoured Concrete
Irrigation Water Rights Y/NNo
Lot Dimensions5360
Lot Size Acres0.123
Parking Uncovered Total0
Total Parking0
Waterfront Y/NNo
Additional Details
Price History
Schools
Elementary School
N/A
High School
N/A
Middle School
N/A
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914 15th St #1
Anaccortes, WA 98221
Anaccortes, WA 98221