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Gonzaga 15 Bedroom
Sale Price: $880,000
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Sale Summary
Case Study
Property Summary
ADDRESS
418 E Mission Ave, Spokane
CURRENT TENANCY
Vacant for 2024 School Year
BEDROOMS
15
BATHROOMS
5
PARKING SPACES
5 Stalls
LAUNDRY
Laundry Room (Shared)
YEAR BUILT
1905 (Building Annex Built in 1978)
BUILDING SF
6,000 SF*
LAND SIZE
7,100 SF
PARCELS
1
*Buyer to Verify
Sale Details
Sale Date
April 26th, 2024
Sale Price
$880,000
Opportunity
Spacious 15-bedroom house tailored for practical student living.
- Located just two blocks from Gonzaga University
- Located within 1-mile of 6 higher education institutions
- Well-maintained, prime student housing opportunity
- Currently vacant, giving buyers the opportunity to fill & rent for the 2024 school year
- One of the largest rooming houses in Spokane’s University District
- Majority of building systems updated or replaced
Positioned in the heart of the university’s most coveted student living district.
Location
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Gonzaga 15 Bedroom
418 E Mission Ave
Spokane, WA 99202
Units: 15 Bedrooms
Price: $880,000
About the Area
Spokane’s University District is one of the fastest-growing urban areas in the inland northwest.
GROWING STUDENT POPULATION
University District is home to six outstanding higher education institutions that together enroll over 12,000 undergraduate and grad students.
SIGNIFICANT GROWTH & DEVELOPMENT
Over $150 million has been invested in Spokane’s University District in the past 4 years.
GONZAGA UNIVERSITY
0.2 Miles
SAFEWAY
0.4 Miles
MISSION PARK
0.6 Miles
CENTENNIAL TRAIL
1.2 Miles
SPOKANE ARENA
1.2 Miles
DOWNTOWN SPOKANE
1.8 Miles
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