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$330,000
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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.
Full Property Details
Full Property Details for 1911 W 2nd Ave
General
- Sold For: $330,000
- Taxes: $3,769 (2025)
- Status: Closed
- Type: Multi-Family
- Source: NWMLS
- MLS ID: 2373316
- Added to Site: 258 day(s) ago
Interior
- Flooring: See Remarks
Parking
- Uncovered Spaces: 5
Location
- Area: 561 - Spokane County
- County: Spokane
- Subdivision: Spokane
- Driving Directions: 1911 W 2nd Ave, Spokane
School Information
- High School District: Spokane
Heating & Cooling
- Cooling Type: None
- Heating Type: Radiator
Utilities
- Sewer: Available
- Water: Community
Structural Information
- Structure Type: Quadruplex
- Exterior Const.: Wood
- Foundation: See Remarks
- Roof: See Remarks
- Stories in Building: 2
- Square Feet: 2,214
- Year Built: 1900
- Property Condition: Good
Lot Features
- Lot Size (Acres): 0.1318
- Lot Size (Sq. Ft.): 5,742
- Lot Size Source: County Assessor
Financial Considerations
- Tax Amount: $3,769
- Tax Year: 2025
- Terms: Cash Out, Conventional
Disclosures and Reports
- Special Conditions: None
- Property ID: 25241.2102
Listed by Max Frame | Kidder Mathews | (360) 705-2800
Sold by Unrepresentd ZDefault | ZNonMember-Office-MLS
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Schools
Schools serving 1911 W 2nd Ave
School District:Spokane Public Schools
| Name | Grades | Distance |
|---|---|---|
Roosevelt Elementary School, Spokane, WA 333 West 14th Avenue, Spokane, WA 99204 | PK-5 | 1.5 mi |
Sacajawea Middle School, Spokane, WA 401 East 33rd Avenue, Spokane, WA 99203 | 6-8 | 2.7 mi |
Lewis & Clark High School 521 West 4th Avenue, Spokane, WA 99204 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1911 W 2nd Ave
Date
Details
Price
Change
Source
11/13/2025
Sold
$330,000
-22.35%
MLS
5/08/2025
Listed
$425,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1911 W 2nd Avenue, Spokane, WA 99201 (MLS# 2373316) is a Multi-Family property that was sold at $330,000 on November 13, 2025. Want to learn more about 1911 W 2nd Avenue? Do you have questions about finding other Multi-Family real estate for sale in Spokane? You can browse all Spokane real estate or contact a Coldwell Banker agent to request more information.

