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About This Home

This 4-bedroom, 3-bathroom residential multi family at 1027 W Maxwell Ave in Spokane, WA is listed for $344,000 ($131 per sqft). Built in 1906, the home offers 2,624 sqft of living space on a 0.16 acres lot.

Agent Description

Centrally located tri-plex offering a strong investment opportunity with a blend of character and functionality. This well-maintained property features updated electrical, separate electric meters for each unit, newer furnace systems, and an on-demand hot water heater, supporting efficient operations and reduced long-term maintenance concerns.

The property includes two vacant units, allowing for immediate income optimization through market-rate leasing or owner-occupancy. The main floor unit presents additional upside with potential for storefront or office use, creating a flexible mixed-use income stream.

Classic architectural features such as natural woodwork, detailed trim, and a coffered ceiling enhance tenant appeal while maintaining long-term value. An excellent opportunity for investors seeking a centrally located asset with value-add potential, multiple income strategies, and strong rental demand. A strong investment opportunity with lasting charm. Schedule your tour today.

Key Features

  • Built in 1906
  • 0.16 acre lot
  • 3 stories

Property Details

3 stories
3 full
1906

Amenities

View

Monthly Cost Estimate

$1,840/mo

20% down · 6.5% · 30 years

Principal$249
Interest$1,491
Insurance$100

Estimates only. Actual payments may vary.

Location

1027 W Maxwell Ave

Spokane, WA 99201

Features & Amenities

Interior Features

Natural Woodwork

Property Details

Flooring

Wood

Construction

Wood Siding

Views

City

Pool Features

Patio

Heating

Forced AirNatural GasElectric (Heating)

Appliances

Tankless Water HeaterFree-Standing RangeRefrigeratorWasherDryer

Questions & Answers

This 4-bedroom, 3-bathroom residential multi family at 1027 W Maxwell Ave is listed at $344,000 ($131/sqft). The estimated monthly payment is $1,491 based on 20% down at 6.5% interest.

Key features include: Built in 1906, 0.16 acre lot, 3 stories. Interior Features: Natural Woodwork.

This property is listed by Patrick Stillman and can be reached at (509) 458-4000 or patrick@rmgrealestate.com.

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PS

Patrick Stillman

Agent at Keller Williams Spokane - Main

(509) 458-4000

Listed by Keller Williams Spokane - Main

MLS# 202615044· Source: listhub· Updated 2 days ago

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.

1027 W Maxwell Ave, Spokane, WA 99201

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