2923 N Hogan St
Spokane, WA 99207
-- Bed
-- Bath
3,144 Sq Ft
367 Days on Market
For Sale $695,000
Save
Courtesy of Windermere Manito, LLC

Listing Agent & Comments

Jim ListerWindermere Manito, LLC
thelisterteam@windermere.com
The Hogan Apartments! Low-maintenance, value-add building with strong upside potential. The property includes six 1BD/1BA units, onsite laundry, and dedicated parking for each unit plus street parking. Competitive price point offered at $115,833/unit with a 6.34% cap rate, this asset outperforms market comps averaging $128,073/unit and a 6.07% cap rate. Stabilized Asset – With rents only 2.1% below market, this turnkey property is already cash flowing. Light renovations include: New flooring, paint, and windows across units, reducing upfront capital needs. Situated in the Logan neighborhood, residents benefit from quick access to Gonzaga Prep High School, Gonzaga University, Spokane Community College, Downtown Spokane, and major transit routes. Features like onsite laundry and dedicated parking for each unit boost tenant satisfaction and improve retention. Strong rental demand. The 1 BD/1BA layouts are ideal for singles, couples, & professionals, ensuring consistent occupancy and long-term stability.

MLS# SAR202420591 • Data provided by SAR as distributed by MLS Grid
Additional home details
Living Area3,144 Sq.Ft.
Lot Size6,534 Sq.Ft.
Total Rooms--
Bedrooms--
Bathrooms--
Stories2
Year Built1978
Property TypeMultifamily
Zoning--
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2024
Tax Amount$5,825
Property in Flood Zone--
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HouseCanary, Inc. Brokerage

2923 N Hogan St., Spokane, WA 99207

Multifamily
-- Bed
-- Bath
3,144 Sq Ft
367 Days on Market

Listing Agent & Comments

Jim ListerWindermere Manito, LLC
thelisterteam@windermere.com
The Hogan Apartments! Low-maintenance, value-add building with strong upside potential. The property includes six 1BD/1BA units, onsite laundry, and dedicated parking for each unit plus street parking. Competitive price point offered at $115,833/unit with a 6.34% cap rate, this asset outperforms market comps averaging $128,073/unit and a 6.07% cap rate. Stabilized Asset – With rents only 2.1% below market, this turnkey property is already cash flowing. Light renovations include: New flooring, paint, and windows across units, reducing upfront capital needs. Situated in the Logan neighborhood, residents benefit from quick access to Gonzaga Prep High School, Gonzaga University, Spokane Community College, Downtown Spokane, and major transit routes. Features like onsite laundry and dedicated parking for each unit boost tenant satisfaction and improve retention. Strong rental demand. The 1 BD/1BA layouts are ideal for singles, couples, & professionals, ensuring consistent occupancy and long-term stability.

MLS# SAR202420591 • Data provided by SAR as distributed by MLS Grid
Additional home details
Living Area3,144 Sq.Ft.
Lot Size6,534 Sq.Ft.
Total Rooms--
Bedrooms--
Bathrooms--
Stories2
Year Built1978
Property TypeMultifamily
Zoning--
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2024
Tax Amount$5,825
Property in Flood Zone--
This property is missing data for:
Comparable properties and forecast
New
Do you own this home?
Access your homeowner dashboard
house
For Sale $695,000
Save
Courtesy of Windermere Manito, LLC
2923 N Hogan St
Spokane, WA 99207
-- Bed
-- Bath
3,144 Sq Ft
367 Days on Market

Listing Agent & Comments

Jim ListerWindermere Manito, LLC
thelisterteam@windermere.com
The Hogan Apartments! Low-maintenance, value-add building with strong upside potential. The property includes six 1BD/1BA units, onsite laundry, and dedicated parking for each unit plus street parking. Competitive price point offered at $115,833/unit with a 6.34% cap rate, this asset outperforms market comps averaging $128,073/unit and a 6.07% cap rate. Stabilized Asset – With rents only 2.1% below market, this turnkey property is already cash flowing. Light renovations include: New flooring, paint, and windows across units, reducing upfront capital needs. Situated in the Logan neighborhood, residents benefit from quick access to Gonzaga Prep High School, Gonzaga University, Spokane Community College, Downtown Spokane, and major transit routes. Features like onsite laundry and dedicated parking for each unit boost tenant satisfaction and improve retention. Strong rental demand. The 1 BD/1BA layouts are ideal for singles, couples, & professionals, ensuring consistent occupancy and long-term stability.

MLS# SAR202420591 • Data provided by SAR as distributed by MLS Grid
Additional home details
Living Area3,144 Sq.Ft.
Lot Size6,534 Sq.Ft.
Total Rooms--
Bedrooms--
Bathrooms--
Stories2
Year Built1978
Property TypeMultifamily
Zoning--
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2024
Tax Amount$5,825
Property in Flood Zone--
This property is missing data for:
Comparable properties and forecast
New
Do you own this home?
Access your homeowner dashboard
house

For Sale $695,000
Save
Courtesy of Windermere Manito, LLC