Contacts
Kiemle Hagood
Kiemle Hagood
Property Details
- 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 Apr 2, 2026
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.
Reach out to the broker for more info on lease terms and amenities
Getting around
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42/100
Walk Score ®
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35/100
Transit Score ®
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47/100
Bike Score ®
Location
- City Spokane, WA
- Neighborhood Rockwood
- Zip Code 99203
- Market Spokane
Points of Interest
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76
0.63 miles
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Conoco
1.08 miles
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Exxon
1.21 miles
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7-Eleven
1.28 miles
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Ameripride
1.31 miles
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Nomnom
1.48 miles
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Chevron
1.51 miles
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Tesla Destination Charger - Hampton Inn Spokane
3.31 miles
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ChargePoint
4.52 miles
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Employee Parking
0.92 miles
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M Lot
1.49 miles
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Diamond Parking
1.51 miles
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City Ramp Garage
1.53 miles
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Green 6
1.59 miles
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Green 5
1.59 miles
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Davenport Hotel Parking Garage
1.60 miles
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Boone Avenue Retail Center (BARC)
2.20 miles
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Madison Inn
0.75 miles
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Hampton Inn & Suites Spokane Downtown-South
0.98 miles
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La Quinta Inn
1.23 miles
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Days Inn City Center
1.24 miles
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Ramada
1.29 miles
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The Downtowner
1.37 miles
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Baymont
1.45 miles
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Steam Plant Hotel
1.54 miles
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The Davenport Tower, Autograph Collection
1.56 miles
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the Davenport Tower (autograph collection* hotels)
1.57 miles
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Ross
0.70 miles
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Super 1 Foods
0.73 miles
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Huckleberrys Natural Market
0.74 miles
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Rosauers
0.95 miles
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Huckleberry's Natural Market
1.21 miles
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Safeway
1.55 miles
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Main Market Coop
1.60 miles
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River Park Square
1.77 miles
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Nordstrom
1.81 miles
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Grocery Outlet
1.81 miles