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Listed by:Kidder Mathews • Max Frame

$520,000

Est. payment - /mo

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8 Beds

7 Baths

2,850 SqFt

Active

1704 N Ash ST Spokane, WA 99205

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Ryan Born

ryan@born-realty.com +1(206) 498-0342

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,850 sqft

Price per Sqft $182

Subdivision Spokane

MLS Listing ID 2466192

Style 55 - 5-9 Units

Bedrooms 8

Year Built 1911

Annual Tax Amount $4,546

Lot Size 6,000 Sqft

Lot Dimensions 6000

Property Sub-Type Multi Family

Property Description

Well-maintained 7-unit apartment property built in 1911, offering a prime value-add opportunity in a central Spokane location near major employers, parks, schools, and everyday amenities. With nearly $115,000 in recent capital improvements, buyers are perfectly positioned to immediately focus on unit upgrades to push rents and increase returns. Recent work includes new electrical panels, furnace, windows, siding, and fresh exterior paint supporting strong day-one operations and reducing near-term capex. Investors can capture an estimated 16% rent growth as-is, with potential to drive approximately 28% upside with renovations. Excellent transit access with multiple bus stops within walking distance, making travel throughout Spokane easy.

Location

State WA

County Spokane

Area 561 - Spokane County

Interior

Flooring Laminate, Carpet

Fireplace false

Exterior

Exterior Feature Wood

Garage Spaces 2.0

View Y/N Yes

View City

Roof Type Composition

Building

Lot Description Alley, Corner Lot, Curbs, Paved, Sidewalk

Sewer Sewer Connected

Water Public

New Construction No

Schools

School District Spokane

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

"Three Trees" icon indicates a listing provided courtesy of NWMLS.

Mortgage Calculator

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Breakdown

Mortgage values are calculated by Lofty and are for illustration purposes only, accuracy is not guaranteed.

Amenities & Attractions

Restaurants

Home Services

Health & Medical

Local Services

Shopping

Recreation

Arts & Entertainment

Food

Beauty

Nightlife

Event Planning & Services

Automotive

Religious Organizations

Financial Services

Professional Services

Travel

Public Services & Government

Local Media

Education

Maxwell House Restaurant

1425 N Ash St, Spokane, WA 99201

Phone: 509-326-6890
Yards Bruncheon

1248 W Summit Pkwy, Spokane, WA 99201

American (New) Phone: 509-290-5952
Milford’s Fish House

719 N Monroe St, Spokane, WA 99201

Seafood Phone: 509-326-7251
Pizza Pipeline

13514 W Sunset Hwy, Spokane, WA 99201

Pizza Phone: 509-244-5555
Veraci Pizza

1333 W Summit Pkwy, Spokane, WA 99201

Beer, Wine & Spirits Phone: 509-389-0029
Jack In The Box

1527 W Northwest Blvd, Spokane, WA 99205

Fast Food
The Backyard Public House

1811 W Broadway Ave, Spokane, WA 99201

Gastropubs Phone: 509-822-7338
Marketing Directors

1618 W Dean Ave, Spokane, WA 99201

Breakfast & Brunch Phone: 509-624-9659

Educational Environment

Elementary Schools (3)Middle Schools (3)High Schools (3)

Name

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