303 E Augusta Ave, Spokane, WA 99207

• 4,234 sqft

Property Description

An exceptional investment opportunity just blocks from Gonzaga University. This student rental property includes two attached homes with strong rental history and leases secured for the 2026–2027 school year, generating $6,490/month in gross income. The front home is a character-filled 1899 Craftsman offering 5 bedrooms and 2 bathrooms. Attached behind, the newer 2006-built residence features 7 bedrooms and 2 bathrooms designed for high-demand student living. The property also includes a 3-car garage, off-street parking, and a highly walkable location near campus. A rare chance to own a turnkey income-producing property in one of Spokane’s most consistent rental corridors.

Listing Status:

Active

Data Last Updated:

June 19, 2026 at 5:18PM

Listing Office:

eXp Realty, LLC : 509-294-4515

Listing Agent:

Holly Stockton : 509-294-4515

MLS ID:

202616848

Interior

• Rooms: Utility Room
• Appliances: Free-Standing RangeDishwasherRefrigeratorWasherDryer
• Basement: Unfinished
• A/C: Window Unit(s)
• Heating: Natural GasForced Air

Exterior

• Style: Craftsman
• Parking: AttachedOff SiteAlley Access

Construction

• Roofing: Composition
• General: Duplex

Location

• Road/Access: City StreetPaved Road
• HOA Amenities: See Remarks
• Originating MLS: sarmls
• School District: Spokane Dist 81
• County: Spokane

Lot

• Zoning: 35083.4414

Financial

• Source: sarmls