All homes

$1,210,000

Reduced $90,000 — was $1,300,000

1332 Garland Avenue

Spokane, WA 99205

Active

Beds

Baths

Sq Ft

Lot

0.42 ac

Year built

1973

Type

Residential Income

Days listed

MLS #

2562100

About this home

3906-3912 N Cedar St & 1332-1336 W Garland Ave offers three triplexes on three parcels in Spokane’s Garland District. The 9-unit portfolio has already benefited from meaningful ownership investment, including renovated interiors in 6 of 9 units, and major CapEx such as new roofs and windows. With stabilized performance and proven rent growth on renovated units, the portfolio offers dependable in-place income with additional upside remaining. The remaining upside is straightforward and achievable. As long-term tenants naturally vacate, select units can be renovated to match the quality of the completed interiors, allowing rents to continue moving toward proven renovated unit levels. This creates a clear path to incremental cash flow growth while preserving the portfolio’s stabilized performance. Located in the heart of the Garland District, the portfolio benefits from one of Spokane’s most recognizable neighborhood corridors. Known for its historic theater, local restaurants, shops, pubs, and neighborhood character, Garland provides tenants with a walkable, amenity-rich setting while remaining close to Spokane’s broader employment and commercial centers. Continued reinvestment in the district has strengthened its appeal, making the location a clear positive for long-term tenant demand.

Exterior features

Brick

Schools

Elementary

Willard Elem

Middle

Glover Mid

High

North Central High

Property details

Heating
Baseboard
Cooling
Window Unit(s)
Water source
Public
Sewer
Sewer Connected

Costs

Annual taxes
$7,904 (2026)

Estimate your monthly payment

$6,777/mo

Principal & interest
$6,118
Property taxes
$659
Loan amount $968,000

Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.

Location

Spokane, WA 99205

Approximate location. Contact us to confirm the exact address.

Listing courtesy of The Paragon Group— Peter Clark.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

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