WA > Spokane > Spokane
Spokane, WA 99201,1911 W 2nd AVE
Spokane, WA 99201,1911 W 2nd AVE
Spokane, WA 99201,1911 W 2nd AVE
Spokane, WA 99201,1911 W 2nd AVE
Spokane, WA 99201,1911 W 2nd AVE
Spokane, WA 99201,1911 W 2nd AVE
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Manesh Lakhani

Manesh Lakhani

+1(425) 623-3958
Listed by Kidder Mathews
$ 425,000
Est. payment | /mo

4 Beds

4 Baths

2,214 SqFt

Save
$ 425,000
Est. payment | /mo
Save

4 Beds

4 Baths

2,214 SqFt

Key Details

Property Type Other Types

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,214 sqft

Price per Sqft $191

Subdivision Spokane

MLS Listing ID 2373316

Style 54 - 4-Plex

Bedrooms 4

Year Built 1900

Annual Tax Amount $3,769

Lot Size 5,742 Sqft

Property Sub-Type Multi Family

Property Description

Well-maintained, prime value-add opportunity. With the ability to acquire residential financing as an owner-user operator, investors can benefit from more favorable loan terms while capitalizing on a 28% rent increase as-is and up to 43% through renovations. Major system upgrades—including updated electrical panels, roof, and furnace—limit near-term capital expenditures. Located in one of Spokane's most desirable neighborhoods, the property features ample on-site parking, excellent transit access, and potential for future development. Buyers can also scale their investment by acquiring the adjacent Oak and Espanola Annex properties, creating a unique 56-unit portfolio opportunity.

Location

State WA

County Spokane

Area 561 - Spokane County

Interior

Flooring See Remarks

Fireplace false

Exterior

Exterior Feature Wood

View Y/N No

Roof Type See Remarks

Building

Sewer Available

Water Community

New Construction No

Schools

School District Spokane

Others

Senior Community No

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
Manesh Lakhani

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(425) 623-3958

manesh@lakhaniteamre.com

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1911 W 2nd AVE