1911 W 2nd Avenue, Spokane, WA 99201
Local realty services provided by:Better Homes and Gardens Real Estate Gary Mann Realty
Listed by:max frame
Office:kidder mathews
MLS#:2373316
Source:NWMLS
1911 W 2nd Avenue,Spokane, WA 99201
$425,000
- - Beds
- - Baths
- 2,214 sq. ft.
- Multi-family
- Active
Price summary
- Price:$425,000
- Price per sq. ft.:$191.96
About this home
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.
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Home facts
- Year built:1900
- Listing ID #:2373316
- Updated:September 26, 2025 at 12:16 AM
Rooms and interior
- Living area:2,214 sq. ft.
Heating and cooling
- Heating:Heating
Structure and exterior
- Year built:1900
- Building area:2,214 sq. ft.
- Lot area:0.13 Acres
Utilities
- Water:Community
- Sewer:Available
Finances and disclosures
- Price:$425,000
- Price per sq. ft.:$191.96
- Tax amount:$3,769 (2025)
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