8737 N Colton St Spokane, WA 99218
Listing Courtesy of: Spokane MLS as distributed by MLS GRID / Listed By: Luke Mischke, Coldwell Banker Tomlinson / Emily Denison

  8737 N Colton St Spokane, WA 99218

Active (13 Days)
$599,000 (USD)

Description

Great investment opportunity featuring a fully occupied 4-plex in North Spokane within the sought-after Mead School District. Offering strong rental history, immediate income, and future upside potential, this property presents an attractive value-add opportunity in a highly rentable location. Each spacious 2 bed, 2 bath unit includes in-unit laundry, individual A/C, private one-car garages, and functional layouts that appeal to long-term tenants. Lower units feature walk-out yards, while upper units enjoy private decks. Recent improvements include a partial roof in 2022, plus updated flooring, paint, and appliances in select units. Conveniently located near retail, restaurants, schools, and public transit. Gross Monthly Income: $4,325. NOI: $23,966. Potential to package with 1111 & 1117 W Providence for expanded investment opportunity.

MLS #:
202617413
Taxes
$5,700
Lot Size
9,148 SQFT
Type
Multifamily
Year Built
1981
Style
Two Story
Views
Territorial
School District
Mead
County
Spokane County

Listed By

Luke Mischke, Coldwell Banker Tomlinson
Emily Denison, Coldwell Banker Tomlinson
Source
Spokane MLS
Last checked May 26 2026 at 7:11 PM GMT+0000
Bathroom Details
Kitchen
  • Dryer
  • Washer
  • Dishwasher
  • Refrigerator
Lot Information
  • Treed
  • Sprinkler - Automatic
Heating and Cooling
  • Baseboard
  • Wall Unit(s)
Basement Information
  • Slab
Exterior Features
  • Roof: Composition
School Information
  • Elementary School: Shiloh Hills
  • Middle School: Mountainside
  • High School: Mt Spokane
Parking
  • Off Site
Stories
  • 2
Living Area
  • 3,888 sqft
Location
   
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Based on information submitted to the MLS GRID as of 5/26/2026 19:11. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.