224 S Howard St

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Address: 224 S Howard St, Spokane, WA 99201, USA
Seattle & Northwest + Apartment Buildings
Created date: September 26, 2025
Date last updated: October 3, 2026
Price: $1,800,000Investment Analyzer NEW!
  • Significant Capital Improvements – Ownership has completed extensive upgrades, including fresh interior paint, new flooring, updated bathrooms, new light fixtures, and partial furnishings.
  • Diverse Income Stream – The property features 40 apartment units and 2 ground floor retail suites, providing a balanced mix of residential and commercial revenue.
  • Resident Amenities – Tenants enjoy shared laundry facilities, a communal gathering space, and enhanced building security, all in a central Downtown Spokane location with walkable access to restaurants, shopping, entertainment, nearby third party parking, and transit.
  • Value-Add Potential – Opportunities include leasing the vacant retail suite, activating underutilized basement space, and further optimizing operations for increased NOI.
  • Attractive Assumable Loan – Seller financing available through an assumable note at 4.65% interest-only with maturity in January 2028, plus an option to extend for 24 months.

Property Description

SVN Cornerstone is pleased to present the Howard Building for sale located at 224 S Howard St in Downtown Spokane. The Howard Building consists of 40 apartment units, 2 retail suites (one occupied by The Blessed Express Barbershop and one vacant), shared laundry facilities for the tenants, a communal gathering area for tenants, and a basement with value add opportunity for additional use.
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Broker Details

Jordan Lester, CCIM, MBA
Jordan Lester, CCIM, MBA

SVN | Cornerstone 509-321-2000 MLS ID: 13291 State License Number: 1271842

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Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $1,800,000
No. of Units: 42
Year Built: 1908
Lot Size: 0.10 Acres
Opportunity Zone: No
Price per unit: $42,857
Property Website Click Here
Address: 224 S Howard St, Spokane, WA 99201, USA
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