507 S Howard St

Spokane, WA 99204

$4,250,000
Price
3
Beds
2
Baths
42,500 Sq. Ft.
$100 / Sq. Ft.
42,500
Sq. Ft.
$100
per Sq. Ft.

Description

Prime mixed-use property in Spokane’s sought-after South Hill neighborhood. The building features 1,015 sqft retail space with a coffee tenant in place with five years left on the lease and twenty-nine apartments above. Located in an Opportunity Zone, the property offers valuable tax benefits and strong income potential. The unit mix includes eighteen one-bedroom and eleven two-bedroom apartments, all with spacious layouts and quality finishes. Rent upside of 10%-20% provides additional growth potential....Prime mixed-use property in Spokane’s sought-after South Hill neighborhood. The building features 1,015 sqft retail space with a coffee tenant in place with five years left on the lease and twenty-nine apartments above. Located in an Opportunity Zone, the property offers valuable tax benefits and strong income potential. The unit mix includes eighteen one-bedroom and eleven two-bedroom apartments, all with spacious layouts and quality finishes. Rent upside of 10%-20% provides additional growth potential. A solid investment opportunity in a high-demand location close to downtown, shopping, and dining.
  1. Listed by Derek Raivio • LT Real Estate

Property Details for 507 South Howard Street

Parking Features
Off Site, Alley Access
LISTING UPDATED: 12/17/2025 11:23 PM

Property Details for 507 South Howard Street

StatusActive
MLS #202526824
Days on Market56
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Rental
Year Built1912
Lot Size0.33 AC / 14,285 SF
CountySpokane County

Location

Listing Courtesy of LT Real Estate
Add your commute

Building Information for 507 South Howard Street

Building/Complex507 S Howard StFloor-Stories4Residences30Pet Policy-Pet Policy Details-Year Built1912Building Size-

Payment Calculator

$22,936 per month

30 year fixed, 6.15% Interest

Principal and Interest

$20,714

Property Taxes

$2,222

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 507 South Howard Street

Summary
Location and General Information
  • County Or Parish: Spokane
  • Longitude: -117.42
  • Class: Rental Income
  • Latitude: 47.65
Taxes and HOA
  • Parcel Number: 35191.4301
Parking
  • Garage Spaces: .00
School Information
  • Middle Or Junior School: Sacajawea
Property
Lot Information
  • Lot Size Acres: 0.32
  • Lot Size Square Feet: 14285.0
Property and Assessments
  • Construction Materials: Brick
  • FIPS: 53063
  • Year Built: 1912
  • First Photo Additional Detail: 2025-11-14T22:06:02.7
Interior and Exterior Features
Exterior Features
  • Association Amenities: Laundry
  • Area: A220/032
  • Structure Type: Four Level
  • Road Frontage Type: City Street, Paved Road
  • Roof: Flat
Interior Features
  • Basement: Yes
  • Heating: Electric, Baseboard
  • Basement: Unfinished, Laundry
  • Stories: 4
Unit Information
Unit Information
  • Number Of Units Total: 30
Unit 1
  • Baths Total: 1
  • Beds Total: 1
  • Type: Unit A
  • Units Total: 18
Unit 2
  • Baths Total: 1
  • Beds Total: 2
  • Type: Unit B
  • Units Total: 11
Unit 3
  • Baths Total: 0
  • Beds Total: 0
  • Type: Unit C
  • Units Total: 1
Rental
Rental Information
  • Occupant Type: Tenant

Property History for 507 South Howard Street

DateEvent & SourcePriceAppreciation
Dec 10, 2025

Price Change

SPOKANEMLS #202526824

$4,250,000—
Nov 14, 2025

Listed (Active)

SPOKANEMLS #202526824

$4,500,000—
Apr 2, 2018

Sold

SPOKANEMLS #201724871

$2,710,000—
Mar 21, 2018

Sold (Public Record)

Public Record #618896977

$2,705,500—
Mar 19, 2018

Pending

SPOKANEMLS #201724871

—
Sep 21, 2017

Listed (Active)

SPOKANEMLS #201724871

$3,150,000—
DateEvent & SourcePrice
12/10/2025

Price Change

SPOKANEMLS #202526824

$4,250,000
11/14/2025

Listed (Active)

SPOKANEMLS #202526824

$4,500,000
04/02/2018

Sold

SPOKANEMLS #201724871

$2,710,000
03/21/2018

Sold (Public Record)

Public Record #618896977

$2,705,500
03/19/2018

Pending

SPOKANEMLS #201724871

—
09/21/2017

Listed (Active)

SPOKANEMLS #201724871

$3,150,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 507 South Howard Street

Taxable ValueLand$314,270Additions$3,637,030Total$3,951,300
Tax Record2024$26,668 ($2,222 / month)
Home Facts
Total Finished SqFt31,965 SqFtAbove Grade Finished SqFt31,965 SqFtStories3Lot Size14,285 SqFtStyleMiscellaneous CommercialYear Built1912Year Renovated1973CountySPOKANEAPN35191.4301

Schools near 507 South Howard Street

This home is within Spokane School District.
Rating
School
Type
Grades
Distance
Roosevelt Elementary School
Public - PK to 6
Sacajawea Middle School
Public - 7 to 8
Lewis & Clark High School
Public - 9 to 12
Daybreak Alternative School
Public - 8 to 12
Rating
School
Distance
Roosevelt Elementary School
PublicPK to 6

Sacajawea Middle School
Public7 to 8

Lewis & Clark High School
Public9 to 12

Daybreak Alternative School
Public8 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 507 South Howard Street, Spokane, WA 99204

507 South Howard Street is a multi-family home for sale in Spokane, WA 99204. This property was listed for sale on November 14, 2025 by LT Real Estate, it's currently listed at $4,250,000. It has been on the market for a total of 56 days and was last sold on April 2, 2018. This listing's school district is Spokane School District. Nearby schools include Roosevelt Elementary School, Sacajawea Middle School and Lewis & Clark High School. 507 South Howard Street is a 3-bed, 2-bath, 42,500 sqft multi-family home built in 1912.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of LT Real Estate

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 01/09/2026 01:38 AM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.