3123 E Carlisle Avenue, Spokane, WA 99207
Local realty services provided by:Better Homes and Gardens Real Estate McKenzie Realty
Listed by: peter clark
Office: the paragon group
MLS#:2562067
Source:NWMLS
3123 E Carlisle Avenue,Spokane, WA 99207
$850,000
- - Beds
- - Baths
- 5,760 sq. ft.
- Multi-family
- Active
Price summary
- Price:$850,000
- Price per sq. ft.:$147.57
About this home
3123-3125 E Carlisle Ave is a fully renovated 7-unit multifamily property in Spokane. The property features a uniform two-bedroom, one-bathroom unit mix, providing operational simplicity and broad tenant appeal. With updated interiors, stabilized occupancy, and limited near-term capital needs, the asset offers immediate cash flow supported by straightforward day-to-day operations. The property is located in a tight residential pocket of east Spokane with convenient access to nearby employment, education, transportation, and recreation drivers. Tenants benefit from proximity to grocery stores, dining, parks, public transit, and major arterials, while investors benefit from a concentrated comp set supported by recent sales, new construction, and active investment within the immediate area. This localized momentum helps distinguish the property from the broader Southeast Spokane market and reinforces demand for well-maintained rental housing in the submarket. As Spokane continues to grow, the area surrounding E Carlisle Ave is positioned to benefit from ongoing infrastructure improvements, including the continued development of the North-South Corridor. The combination of high occupancy, updated condition, straightforward two-bedroom floorplans, and remaining upside through rent adjustments and utility reimbursement creates a durable small-balance multifamily opportunity....
Contact an agent
Home facts
- Year built:1979
- Subdivision & Development:Spokane
- Listing ID #:2562067
- Updated:September 25, 2026 at 12:23 AM
Rooms and interior
- Living area:5,760 sq. ft.
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Roof:Composition
- Year built:1979
- Building area:5,760 sq. ft.
- Lot area:0.18 Acres
- Construction Materials:Metal/Vinyl Exterior Finish
Schools
- High school:North Central High
- Middle school:Buyer To Verify
- Elementary school:Logan Elem
Utilities
- Water:Public
- Sewer:Sewer Connected
Finances and disclosures
- Price:$850,000
- Price per sq. ft.:$147.57
- Tax amount:$8,942 (2026)
Parking
- Total parking spaces:12
New listings near 3123 E Carlisle Avenue
- New
$199,900Active1 beds 1 baths1,400 sq. ft.3908 N Howard St, Spokane, WA 99205
MLS# 202624788Listed by: R. C. SCHWARTZ & ASSOCIATES - New
$599,900Active6 beds 3 baths5311 S Perry St, Spokane, WA 99223
MLS# 202624787Listed by: RE/MAX CITIBROKERS - New
$75,000Active0.31 AcresXXX W Thorpe Rd, Spokane, WA 99224
MLS# 202624782Listed by: EXP REALTY, LLC BRANCH - New
$399,000Active3 beds 2 baths1,351 sq. ft.931 S Bogen Ct, Spokane, WA 99224
MLS# 202624776Listed by: FIRST LOOK REAL ESTATE - New
$344,900Active3 beds 1 baths1,880 sq. ft.2803 W Sanson Ave, Spokane, WA 99205
MLS# 26-9675Listed by: SOLID GROUND REAL ESTATE - New
$419,999Active5 beds 2 baths2,121 sq. ft.7124 N Excell Dr, Spokane, WA 99208
MLS# 202624771Listed by: AMPLIFY REAL ESTATE SERVICES - New
$445,000Active4 beds 3 baths1,740 sq. ft.4444 W Brookfield Ave, Spokane, WA 99208
MLS# 202624773Listed by: AMPLIFY REAL ESTATE SERVICES - New
$315,000Active4 beds 1 baths2,388 sq. ft.504 E Providence Ave, Spokane, WA 99207
MLS# 202624757Listed by: HAVEN REAL ESTATE GROUP - Open Fri, 10am to 5pmNew
$409,995Active3 beds 3 baths1,499 sq. ft.3789 S Blake Ln, Spokane, WA 99206
MLS# 202624746Listed by: D.R. HORTON AMERICA'S BUILDER - Open Fri, 10am to 5pmNew
$429,995Active4 beds 3 baths1,856 sq. ft.3803 S Blake Ln, Spokane, WA 99206
MLS# 202624748Listed by: D.R. HORTON AMERICA'S BUILDER