Map of Property

Hogan Apartments

2923 N Hogan St, Spokane, WA 99207

  • For Sale $695,000
  • Property Type Multi-Family
  • Property Size 3,144 SF
  • Units 6
  • Lot Size 0.15 Acre
  • Parking Spaces Avail. 15
  • Building Class A
  • Year Built 1978
  • Date Updated May 11, 2025
SVN Cornerstone is pleased to present the Hogan Apartments for sale - a low-maintenance, value-add apartment building with strong upside potential. The property includes six 1 bedroom 1 bathroom units, onsite laundry, and dedicated parking for each unit plus additional street parking.
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Highlights

  • Competitive Price Point – Offered at $115,833/unit with a 6.34% cap rate, this asset outperforms market comps averaging $128,073/unit and a 6.07% cap rate
  • Prime Central Location – Situated in the Logan neighborhood, residents benefit from quick access to Gonzaga Prep High School, Gonzaga University, Spokane Community College, Downtown Spokane, and major transit routes
  • Stabilized Asset – With rents only 2.1% below market, this turnkey property is already cash flowing. Light renovations including new flooring, paint, and windows have been completed across units, reducing upfront capital needs
  • Strong Rental Demand – The 1 bed/1 bath layouts are ideal for singles, couples, and professionals, ensuring consistent occupancy and long-term income stability
  • Valuable Amenities – Features like onsite laundry and dedicated parking for each unit boost tenant satisfaction and improve retention

Contacts

broker
Jordan Lester, CCIM, MBA

SVN | Cornerstone

Location

Getting Around

  • Walk Score ®

    67/100 Somewhat Walkable

  • Transit Score ®

    39/100 Some Transit

  • Bike Score ®

    45/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Spokane, WA
  • Neighborhood Logan
  • Zip Code 99207
  • Market Spokane

Points of Interest

  • City Fuel

    0.41 miles

  • Nomnom

    0.45 miles

  • Conoco

    0.50 miles

  • Mike's Gas and Grocery

    0.73 miles

  • 76

    0.96 miles

  • Pacific Pride

    0.97 miles

  • Chevron

    1.06 miles

  • ChargePoint

    2.05 miles

  • Tesla Destination Charger - Hampton Inn Spokane

    5.33 miles

  • Boone Avenue Retail Center (BARC)

    1.27 miles

  • Greene Street Trailhead

    1.28 miles

  • Lot P14

    1.34 miles

  • Lot P11

    1.37 miles

  • Lot P16

    1.41 miles

  • Lot P10

    1.42 miles

  • Lot P17

    1.42 miles

  • NorthTown Mall Parking

    1.42 miles

  • Lot P18

    1.44 miles

  • Lot P9

    1.46 miles

  • Days Inn

    1.11 miles

  • Ruby River Hotel

    1.76 miles

  • Holiday Inn Express Spokane Downtown

    1.84 miles

  • Oxford Suites Downtown Spokane

    1.89 miles

  • Courtyard Spokane Downtown at the Convention Center

    1.90 miles

  • Bel Air Seven Motel

    1.93 miles

  • Fairfield Inn & Suites Spokane Downtown

    1.97 miles

  • The Centennial

    1.99 miles

  • DoubleTree by Hilton Hotel Spokane City Center

    2.07 miles

  • Best Western Plus City Center

    2.10 miles

  • Pizza Hut

    0.41 miles

  • Illinois Ave Bar & Grill

    0.49 miles

  • Donut Parade

    0.65 miles

  • Birrieria Tijuana

    0.72 miles

  • Jackson Street Bar & Grill

    0.83 miles

  • Chapala

    0.88 miles

  • Subway

    0.92 miles

  • McDonald's

    0.97 miles

  • Market Street Pizza

    1.03 miles

  • Knight's Diner

    1.04 miles

  • Gonzaga Prep School

    0.16 miles

  • Yasuhara Middle School

    0.17 miles

  • Gonzaga Prep Art Building

    0.21 miles

  • Logan Elementary School

    0.56 miles

  • Longfellow Elementary School

    0.63 miles

  • Bemiss Elementary School

    0.65 miles

  • John R. Rogers High School

    0.96 miles

  • John A Shaw Middle School

    0.98 miles

  • Stevens Elementary School

    0.98 miles

  • Saint Aloysius School

    1.06 miles

  • Where Little People Grow

    0.45 miles

  • Logan / Lidgerwood Head Start

    0.54 miles

  • Crayon College

    1.19 miles

  • Planet Kids Childcare Center

    1.37 miles

  • North Avenue Learning Center

    1.55 miles

  • Parkview Early Learning Center

    1.73 miles

  • Journey Discovery Center

    1.75 miles

  • Kids First Children's Center

    1.94 miles

  • Kid Central Early Learning Center

    2.15 miles

  • The Children's Garden Daycare

    2.29 miles

Frequently Asked Questions

How much does Hogan Apartments cost?

The space currently listed for sale at Hogan Apartments asks for $695,000.

What is the total square footage of Hogan Apartments?

Hogan Apartments totals 3,144 square feet.

When was this property built?

Hogan Apartments was built in 1978.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker
broker
Jordan Lester, CCIM, MBA

SVN | Cornerstone

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