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540 N Madison St
Tekoa, WA 99033

$1,400,000 USD

Apartments For Sale • 17,754 SF

Property Details

Property Type Apartments
Total Building Size 17,754 SF
Lot Size 3.3 AC
Building Class C
Year Built 1982
Cap Rate 8.31 %
Zoning Commercial

10 Walk Score

                
                    Highlights
                
                                Option 1a Project Based Section 8 designated for Seniors
                            
                                Within 1 hour to Spokane and Pullman
                            
                                Attractive Risk Adjusted Returns

Property Flyers

Offering Memorandum - 540 N Madison

Financial Summary (Actual)

Net Operating Income: $116,341 USD (2025)

Cap Rate:

8.31 %

Amenities

Air Conditioning
Clubhouse
Laundry Facilities
Refrigerator
Views
Carpet
Storage Space
Multi Use Room
Grill

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	30
Type:	Surface
Included in Rent:	Yes

Ryan Towner 509-481-0373 LT Real Estate

540 N Madison St Tekoa, WA 99033