Elcliff Townhomes

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Site Details

Address

222 & 308 E Elcliff Rd, Spokane, WA

Neighborhood

North Spokane

Avg. Unit Size

1,452 SF

Units

Buildings

Year Built

2013

Parking

Garage (1 Garage Stall per Unit

Laundry

In-Unit

Sale Summary

Sale Date

Aug 28, 2025

Sale Price

$2,050,000

Opportunity

The Elcliff Townhomes, a premium 8-unit townhome community located at 222 & 308 E Elcliff Rd in North Spokane, WA, presents a unique investment opportunity. Built in 2013, this high-quality asset features two separately parceled 4-plexes, offering flexibility for residential financing options. Positioned in one of Spokane’s most desirable neighborhoods, the property is surrounded by schools, shopping, dining, parks, and major employers, ensuring consistent tenant demand.

Premium Units

Spacious 3-bedroom, 3-bathroom two-story townhomes, each with 1,452 SF, in-unit laundry, and attached garages.

Upside Potential

Current rents are approximately 25% below market, allowing for immediate income growth through rent increases with no interior upgrades required.

Financing Options

Two separately parceled 4-plexes, giving the opportunity for residential financing

Location

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sold

Elcliff Townhomes

222 & 308 E Elcliff Rd
Spokane, WA 99218
Units: 8
Price: $2,050,000

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About the Area

The Elcliff Townhomes are located in North Spokane, one of the most sought-after residential neighborhoods in Eastern Washington. Spokane is the second-largest city in the state and serves as the economic, cultural, and educational hub of the Inland Northwest, boasting a growing population and robust job market. This dynamic city blends urban amenities with abundant outdoor recreational opportunities, making it an attractive destination for residents and investors alike.