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.
Sold
Listed by:
Max Frame,
Kidder Mathews
Bought with: ZNonMember-Office-MLS
$330,000
1911 W 2nd Avenue, Spokane, WA 99201
--beds
--baths
2,214sqft
Quadruplex
Built in 1900
-- sqft lot
$330,100 Zestimate®
$149/sqft
$1,374 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: November 14, 2025 at 08:15am
Listed by:
Max Frame,
Kidder Mathews
Bought with:
Unrepresentd ZDefault
ZNonMember-Office-MLS
Source: NWMLS,MLS#: 2373316
Facts & features
Interior
Heating
- Radiator, Electric
Cooling
- None
Features
- Flooring: See Remarks
- Has fireplace: No
Interior area
- Total structure area: 2,214
- Total interior livable area: 2,214 sqft
Property
Parking
- Total spaces: 5
- Parking features: Open
- Uncovered spaces: 5
Lot
- Size: 5,741 sqft
Details
- Parcel number: 25241.2102
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Wood Siding
- Foundation: See Remarks
- Roof: See Remarks
Condition
- Good
- Year built: 1900
- Major remodel year: 1900
Utilities & green energy
- Electric: Company: Avista
- Sewer: Available, Company: City of Spokane
- Water: Community, Company: City of Spokane
Community & neighborhood
Location
- Region: Spokane
- Subdivision: Spokane
Other
Other facts
- Listing terms: Cash Out,Conventional
- Cumulative days on market: 180 days
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for —faster.
$330,100
2% more+$6,602
With Zillow Showcase(estimated)$336,702