2009 S Grand Blvd

2009 S Grand Blvd, Spokane, WA 99203

Property Information

  • For Sale $2,250,000/SF
  • Property Type Multi-Family
  • Property Size 7,528 SF
  • Units 8
  • Lot Size 0.36 Acre
  • Cap Rate % 5.66
  • # of Floors 2
  • Parking Spaces Avail. 8
  • Parking Ratio 1.06 / 1,000 SF
  • Year Built 2011
  • Date Updated May 22, 2026

Description

Executive Housing | Short Term Rental Opportunity

 

Montrose on the Park presents a short term rental opportunity to provide significant rental upside immediately, a rare asset in Spokane’s premier South Hill neighborhood. Currently operating as a fully leased long-term rental income property with below market rents. Located directly across from Manito Park, this four-building community, built in 2011, spans ±7,528 square feet on a ±0.36-acre parcel and includes covered parking for residents. Each of the eight thoughtfully designed units features in-suite laundry, contemporary finishes, and efficient layouts that appeal to quality-conscious renters. Situated just minutes from Spokane’s Medical District and Downtown core, the property’s

location also positions it as an exceptional candidate for short-term or medium-term rental conversion, catering to the robust sports tourism, traveling medical professionals, visiting faculty, and hospital staff seeking furnished housing close to major healthcare employers.

Contacts

Location

Located at 2009 S Grand Blvd, Spokane, WA 99203, this property is part of the Rockwood neighborhood and Spokane market.

Contact 2009 S Grand Blvd
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