Monroe Street Triplexes and Development Site

1007 W Montgomery Ave, Spokane, WA 99205

  • For Sale $1,200,000
  • Property Type VacantLand
  • Property Size 3,468 SF
  • Units 6
  • Lot Size 0.43 Acre
  • Building Class C
  • Year Built 1905
  • Date Updated Jun 24, 2025
SVN Cornerstone is pleased to present the Monroe Street Triplexes and Development Site for sale, located at 1007 W Montgomery Ave in Spokane. This property is ideally situated in the vibrant Monroe District near a variety of amenities, including schools, restaurants, shopping, entertainment, and parks, making it an ideal location for developers, investors, and residents.
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Highlights

  • Available for sale or joint venture partnership
  • Current rental income totals $5,150/month (contact listing agent for triplex financials)
  • Redevelopment opportunity with flexible CC2-DC zoning (see zoning details on page 5)
  • Seller financing available with 20% down payment and a 5 year term
  • Six total 1bed/1bath units across the two triplexes
  • Three contiguous parcels, including two triplexes and one corner lot
  • Total land size is 0.43 acres or 18,731 SF

Contacts

broker
Jordan Lester, CCIM, MBA

SVN | Cornerstone

Location

Getting Around

  • Walk Score ®

    85/100 Very Walkable

  • Transit Score ®

    46/100 Some Transit

  • Bike Score ®

    59/100 Bikeable
Powered by Walk Score ®
  • City Spokane, WA
  • Neighborhood Emerson - Garfield
  • Zip Code 99205
  • Market Spokane

Points of Interest

  • 76

    0.04 miles

  • Safeway Fuel Station

    0.43 miles

  • Conoco

    0.51 miles

  • Texaco

    0.55 miles

  • Maverik

    0.78 miles

  • Nomnom

    0.82 miles

  • Chevron

    0.88 miles

  • Pacific Pride

    0.92 miles

  • Bong's

    1.03 miles

  • City Fuel

    1.08 miles

  • Washington Lot

    1.04 miles

  • Parkrite

    1.34 miles

  • Parkade

    1.40 miles

  • Green 1

    1.42 miles

  • Diamond Parking

    1.46 miles

  • Orange 1

    1.50 miles

  • City Ramp Garage

    1.53 miles

  • Boone Avenue Retail Center (BARC)

    1.57 miles

  • Days Inn

    0.89 miles

  • The Centennial

    1.12 miles

  • Holiday Inn Express Spokane Downtown

    1.18 miles

  • Oxford Suites Downtown Spokane

    1.24 miles

  • Ruby River Hotel

    1.28 miles

  • DoubleTree by Hilton Hotel Spokane City Center

    1.33 miles

  • Spokane Club Inn

    1.35 miles

  • The Davenport Grand, Autograph Collection

    1.37 miles

  • Courtyard Spokane Downtown at the Convention Center

    1.38 miles

  • Riverfront Park Travel Apartments

    1.39 miles

  • Zozo’s Sandwich House

    0.15 miles

  • Zip's

    0.19 miles

  • Subway

    0.21 miles

  • Papa John's

    0.22 miles

  • Karma Indian Cuisine

    0.22 miles

  • Waffles Plus

    0.24 miles

  • Kalico Kitchen

    0.25 miles

  • McDonald's

    0.25 miles

  • Gerardo's Mexican Food

    0.29 miles

  • Aloha Island Grill

    0.31 miles

  • Spokane Community College - Adult Education Center

    0.06 miles

  • Trinity School

    0.20 miles

  • Spokane Public Montessori

    0.26 miles

  • Bancroft School

    0.46 miles

  • Spokane Junior Academy

    0.52 miles

  • North Central High School

    0.55 miles

  • Garfield Elementary School

    0.59 miles

  • Audubon Elementary School

    0.69 miles

  • TEC at Bryant

    1.00 miles

  • Holmes Elementary School

    1.23 miles

  • Kids First Children's Center

    0.32 miles

  • Crayon College

    0.88 miles

  • Journey Discovery Center

    1.04 miles

  • Little Rascals Children's Center

    1.20 miles

  • Head Start

    1.23 miles

  • GLOW Children Early Learning Center

    1.41 miles

  • Logan / Lidgerwood Head Start

    1.77 miles

  • Parkview Early Learning Center

    1.99 miles

  • The Children's Garden Daycare

    2.16 miles

  • Where Little People Grow

    2.33 miles

Frequently Asked Questions

How much does Monroe Street Triplexes and Development Site cost?

The space currently listed for sale at Monroe Street Triplexes and Development Site asks for $1,200,000.

What is the total square footage of Monroe Street Triplexes and Development Site?

Monroe Street Triplexes and Development Site totals 3,468 square feet.

When was this property built?

Monroe Street Triplexes and Development Site was built in 1905.

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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