1307 E Mission Ave, Spokane, WA 99202

• 2,053 sqft

Property Description

Directly across from Mission Park and just steps from Gonzaga University, this classic brick investment property sits in one of Spokane’s most consistent and in-demand rental locations. With campus, recreation, and neighborhood amenities all within easy reach, it’s ideally positioned for long-term tenant appeal. The home offers a functional six-bedroom layout with three bedrooms upstairs and three downstairs—well-suited for student housing or shared living. Solid brick construction adds lasting durability and timeless character, while the unbeatable proximity to Gonzaga ensures strong, reliable demand year after year. Currently leased through May 2027 at $3,000 per month, this is a true turnkey investment with immediate income. Tenants pay all utilities and landscaping, contributing to a low-maintenance ownership experience, and a strong 7.1% cap rate. An exceptional opportunity to own a stable, income-producing property just moments from Gonzaga’s campus.

Listing Status:

Active

Data Last Updated:

April 5, 2026 at 7:19AM

Listing Office:

eXp Realty, LLC : 509-294-4515

Listing Agent:

Holly Stockton : 509-294-4515

MLS ID:

202614654

Interior

• Rooms: Utility Room
• Appliances: Free-Standing RangeRefrigeratorWasherDryer
• Basement: FullFinishedRec/Family Area
• A/C: Central Air
• Heating: Natural GasForced Air
• Fireplace: Masonry

Exterior

• Style: Ranch
• Parking: DetachedOff SiteAlley Access

Construction

• Roofing: Composition
• General: One Story

Location

• Road/Access: City StreetPaved Road
• HOA Amenities: None
• Originating MLS: sarmls
• School District: Spokane Dist 81
• County: Spokane

Lot

• Zoning: 35084.4114
• View: Park/Greenbelt

Financial

• Source: sarmls