Map of Property

Hogan Apartments

For Sale

2923 N Hogan St, Spokane, WA 99207

This Spokane property for sale is located at 2923 N Hogan St. The general use of Hogan Apartments is multi-family and it incorporates 3,144 square feet of class A multi-family space. The current listed sale price for Hogan Apartments is $695,000. Hogan Apartments is situated on a lot that is 0.15 acre in size.

Contacts

broker
Jordan Lester, CCIM, MBA

SVN | Cornerstone

Property Details

  • 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

Getting around

  • 67/100

    Walk Score ®

  • 39/100

    Transit Score ®

  • 45/100

    Bike Score ®

Powered by Walk Score ®

Location

  • 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

  • Kiev Euro Market

    0.57 miles

  • Bargain Giant

    0.71 miles

  • Yoke's Fresh Marketplace

    0.86 miles

  • Safeway

    0.96 miles

  • Buruk Mini Mart

    0.99 miles

  • Asian World

    1.09 miles

  • Logan Square

    1.44 miles

  • Natural Grocers

    1.52 miles

  • JCPenney

    1.52 miles

  • NorthTown Mall

    1.54 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Jordan Lester, CCIM, MBA

SVN | Cornerstone

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