Map of Property

The Howard Building

For Sale

224 S Howard St, Spokane, WA 99201

This Spokane property for sale is located at 224 S Howard St. The general use of The Howard Building is multi-family and it incorporates 20,634 square feet of class A multi-family space. The current listed sale price for The Howard Building is $1,800,000. The Howard Building is situated on a lot that is 0.1 acre in size.

Contacts

Jordan Lester, CCIM, MBA

SVN | Cornerstone

Property Details

  • Property Type Multi-Family
  • Property Size 20,634 SF
  • Units 42
  • Lot Size 0.1 Acre
  • Building Class A
  • Year Built 1908
  • Date Updated Oct 6, 2026
SVN Cornerstone is pleased to present the Howard Building for sale located at 224 S Howard St in Downtown Spokane. The Howard Building consists of 40 apartment units, 2 retail suites (one occupied by The Blessed Express Barbershop and one vacant), shared laundry facilities for the tenants, a communal gathering area for tenants, and a basement with value add opportunity for additional use.
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Highlights

  • Attractive Assumable Loan - Seller financing available through an assumable note at 4.65% interest-only with maturity in January 2028, plus an option to extend for 24 months.
  • Diverse Income Stream - The property features 40 apartment units and 2 ground floor retail suites, providing a balanced mix of residential and commercial revenue.
  • Resident Amenities - Tenants enjoy shared laundry facilities, a communal gathering space, and enhanced building security, all in a central Downtown Spokane location with walkable access to restaurants, shopping, entertainment, nearby third party parking, and transit.
  • Significant Capital Improvements - Ownership has completed extensive upgrades, including fresh interior paint, new flooring, updated bathrooms, new light fixtures, and partial furnishings.
  • Value-Add Potential - Opportunities include leasing the vacant retail suite, activating underutilized basement space, and further optimizing operations for increased NOI.

Attachments

Getting around

  • 96/100

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  • 71/100

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  • 73/100

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Location

  • City Spokane, WA
  • Neighborhood Riverside
  • Zip Code 99201
  • Market Spokane

Points of Interest

  • 76

    0.17 miles

  • Chevron

    0.23 miles

  • Conoco

    0.28 miles

  • Ameripride

    0.35 miles

  • Exxon

    0.48 miles

  • 7-Eleven

    0.50 miles

  • Tesla Destination Charger - Hampton Inn Spokane

    2.85 miles

  • ChargePoint

    3.24 miles

  • Davenport Hotel Parking Garage

    0.21 miles

  • City Ramp Garage

    0.24 miles

  • Diamond Parking

    0.27 miles

  • Parkade

    0.34 miles

  • M Lot

    0.37 miles

  • Parkrite

    0.40 miles

  • Jefferson Park and Ride

    0.51 miles

  • Boone Avenue Retail Center (BARC)

    1.49 miles

  • Steam Plant Hotel

    0.16 miles

  • The Davenport Tower, Autograph Collection

    0.17 miles

  • the Davenport Tower (autograph collection* hotels)

    0.19 miles

  • Baymont

    0.19 miles

  • The Downtowner

    0.20 miles

  • Hotel Ruby

    0.25 miles

  • The Historic Davenport, Autograph Collection

    0.26 miles

  • The Davenport Lusso, Autograph Collection

    0.28 miles

  • The Montvale Hotel

    0.31 miles

  • Lang's on Howard

    0.33 miles

  • River Park Square

    0.41 miles

  • Nordstrom

    0.43 miles

  • Main Market Coop

    0.56 miles

  • Huckleberry's Natural Market

    0.57 miles

  • Grocery Outlet

    0.72 miles

  • The Flour Mill

    0.76 miles

  • Rosauers

    0.84 miles

  • Logan Square

    1.34 miles

  • Safeway

    1.77 miles

  • Best Asian Market

    1.93 miles

Contact Listing Broker
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