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Listed price in listed location currency (USD).
$799,950

000

MLS® 26-9520

Overview

Key Facts

Type Multi Family
Levels Residential Income
Size 7615 sqft
Garage 
Taxes $6,932
Days Active 3
Lot Size 0.16 Acres
Approx. Age 1905
Avg. Price Per Sqft $105
MLS® Number 26-9520

Property Address: 1414 Lincoln, Spokane, WA, 99201

Average square foot calculated using Size range provided by listing agent.

Description

SVN Cornerstone is pleased to present the Lincoln Apartments for sale, located at 1414 N Lincoln St in Spokane's Emerson Garfield neighborhood. The property consists of 9 units, including 1 2bed/1bath unit, 7 1bed/1bath units, and 1 studio, along with common laundry facilities for tenants. Recent capital improvements include doubling the building's electrical capacity with the addition of a second electrical panel, removing knob and tube wiring from 3 second floor units, replacing the roof in July of 2020, and installing a new boiler in January 2026. Highilights All units are currently rented and professionally managed, providing strong in place performance Recent capital improvements reduce near term capital needs for new ownership Adjacent 0.16 acre parcel zoned RHD 55 is also available for purchase Utility Expense Reduction Upside potential through rent increases, unit renovations to support additional rental growth, and acquisition of the adjacent land
MLS® Number26-9520
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1905
Basement
Driveway
Garage Spaces
HeatFurnace, Electric
A/C

Extras

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