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$1,200,000

  • For Sale
  • Active
  • Multi-Family

Listed by Peter Clark | The Paragon Group | (509) 943-0400

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Riverside10 offers the opportunity to acquire a distinctive 10-unit multifamily property in Spokane's historic Browne's Addition neighborhood. Built in 1900, the property combines enduring architectural character with thoughtful updates and an established tenant base, creating an attractive alternative to conventional apartment product. The investment also offers multiple avenues for operational upside. Improved revenue management and active ownership provide an opportunity to enhance cash flow, while one unit's established short-term rental use and private exterior entrance create additional flexibility beyond traditional apartment operations. Combined with a highly walkable location immediately west of Downtown Spokane, Riverside10 offers a differentiated investment with both existing appeal and future upside.

Full Property Details for 1927 W Riverside Ave

General

  • Price: $1,200,000
  • Taxes: $8,757 (2026)
  • Status: Active
  • Type: Multi-Family
  • Source: NWMLS
  • MLS ID: 2585554
  • Updated: 9/22/2026
  • Added to Site: 25 day(s) ago

Location

  • Area: 561 - Spokane County
  • County: Spokane
  • Subdivision: Spokane
  • Driving Directions: From North Walnut Street head west on W Riverside Ave and the property is on the south side of W Riverside

School Information

  • High School District: Spokane
  • Elementary School: Roosevelt Elementary
  • Middle School: Sacajawea Mid
  • High School: Lewis & Clark High

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Window Unit(s)
  • Heating Type: Wall Furnace

Utilities

  • Sewer: Sewer Connected
  • Water: Public

Structural Information

  • Structure Type: Multi Family
  • Exterior Const.: Stucco
  • Foundation: Block, Poured Concrete
  • Roof: Composition
  • Stories in Building: 4
  • Square Feet: 6,164
  • Year Built: 1900
  • Property Condition: Average

Unit Information

  • Units in Building: 10

Lot Features

  • Property View: City
  • Lot Size (Acres): 0.1228
  • Lot Size (Sq. Ft.): 5,350
  • Lot Size Source: Spokane County
  • Zoning: Multi-Family, Residential

Financial Considerations

  • Tax Amount: $8,757
  • Tax Year: 2026
  • Terms: Conventional

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 25241.0504

Listed by Peter Clark | The Paragon Group | (509) 943-0400

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 1927 W Riverside Ave

School District:Spokane Public Schools
NameGradesDistance
Roosevelt Elementary School, Spokane, WA
333 West 14th Avenue, Spokane, WA 99204
PK-51.6 mi
Sacajawea Middle School, Spokane, WA
401 East 33rd Avenue, Spokane, WA 99203
6-82.8 mi
Lewis & Clark High School
521 West 4th Avenue, Spokane, WA 99204
9-121.1 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1927 W Riverside Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/22/2026
Listed
$1,200,000
320.32%
MLS
12/06/2012
Sold
$285,500
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1927 W Riverside Ave

Year
Property Taxes
Change
Tax Assessment
Change
2026
$8,757
-10%
$910,200
-10%
2024
$9,771
10%
$1,010,300
11%
2023
$8,903
25%
$911,900
49%
2022
$7,147
-20%
$611,900
—
2023
$8,903
15%
$611,900
-6%
2021
$7,729
—
$651,000
34%
2021
$7,729
29%
$484,800
66%
2020
$5,976
71%
$292,850
5%
2019
$3,500
-10%
$278,950
2%
2018
$3,879
4%
$273,750
3%
2017
$3,738
—
$266,850
-3%
2016
$3,724
-5%
$274,550
-3%
2015
$3,916
-3%
$282,550
-19%
2014
$4,017
—
$347,750
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Peter Clark | The Paragon Group | (509) 943-0400

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1927 W Riverside Avenue, Spokane, WA 99201 (MLS# 2585554) is a Multi-Family property with 10 units containing 0 bedrooms and 0 full bathrooms. 1927 W Riverside Avenue is currently listed for $1,200,000 and was received on September 22, 2026. Want to learn more about 1927 W Riverside Avenue? Do you have questions about finding other Multi-Family real estate for sale in Balboa - South Indian Trail? You can browse all Balboa - South Indian Trail real estate or contact a Coldwell Banker agent to request more information.

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