1308 W Nora Ave Spokane, WA - Turn Key Cashflow Opportunity

Price: $560,000

Projected Gross Rents: $5,500

Cap Rate: 8.96%

More Details Below

Investor Special – Turn key cash flow opportunity

Introducing 1308 W. Nora Ave — A fully renovated, conforming fourplex in one of Spokane’s fastest-growing neighborhoods.

This vacant and move-in ready property offers investors a true turnkey opportunity with long-term upside. Each unit is separately metered along with separate water heaters, keeping operating costs low and management simple.


Recent Updates:

New windows throughout

Updated plumbing & electrical systems

Fresh interior & exterior paint

Modern flooring, doors, and finishes

Reconfigured layouts for improved flow

Unit Mix:

Basement: 2 bed / 1 bath

Main Level: 2 bed / 1 bath

Upper Units (x2): 1 bed / 1 bath each


The larger units include in-unit washer/dryer hookups. Out back, tenants enjoy a graveled parking area with off-street spaces, plus a detached garage for additional rental income.

The property sits next to another recently renovated home—clear evidence of ongoing neighborhood revitalization and increasing property values.

Whether you’re seeking strong cash flow, low-maintenance ownership, or a property well-positioned in Spokane’s path of growth, 1308 W. Nora Ave checks every box.


Contact us today to schedule a showing!

For any additional questions or details please contact Nathan Hall at (509)425-5952

Disclaimer:
The property values, projections, and figures provided on this website are for informational purposes only and represent rough estimates based on current market data. Buyers, sellers, and investors should conduct their own due diligence and consult with appropriate professionals before making any financial decisions. Hall Street and its agents assume no liability for decisions made based on this information.

Assignment of Contract Opportunity – Not a Listing

Hall St LLC is offering an equitable interest via assignment of contract for property at 10007 E Broadway Ave Spokane Valley. This is not a brokered listing and we do not own the property.

This is an offer to assign our contractual rights to purchase the subject property. The seller has authorized contract assignment.

I am a Licensed Real Estate Broker (#24032461) with Amplify Real Estate Services. All disclosures required under Washington State real estate law will be provided.