1911 W 2nd Avenue, Spokane, WA 99201
Multi-Family Home
Built in 1900
5,741sqft lot
—— car garage
$——/sqft
Listed 5 months ago
Property Description
This listing courtesy of Max Frame, Kidder Mathews
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.
- Listing Status:
- Active
- Listing Office:
- Kidder Mathews : 360-705-2800
- Listing Agent:
- Max Frame : 360-705-2800
- MLS ID:
- 2373316

- General: Wood
- Parking: Parking spaces: 5
- Roofing: See Remarks
- General: 54 - 4-PlexSee Remarks
- HOA Amenities: 0.0
- Originating MLS: nwmls
- School District: Spokane
- County: Spokane
- Zoning: 25241.2102
- Water: Community
- Sewer: Available
- Source: nwmls
This listing courtesy of Max Frame, Kidder Mathews
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Shrine Hospital
911 W 5th Ave, Spokane, WA, 99204
Grades PK-12
0.73 miles away
Shrine Hospital
911 W 5th Ave, Spokane, WA, 99204
Grades PK-12
0.73 miles away
Shrine Hospital
911 W 5th Ave, Spokane, WA, 99204
Grades PK-12
0.73 miles away