1704 N Ash Street Spokane, WA $ 550,000
1704 N Ash Street
$ 550,000
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1704 N Ash Street

Spokane, WA, 99205
$ 550,000
Baths0.0 Sq 2,850

Monthly Estimate*

$ 3,386

Listed by Kidder Mathews
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Studio

Multi-Family Home for sale in Spokane, WA

for $550,000. This 2,850 square foot home was built in 1911 on a lot size of 0.1377.

Well-maintained 7-unit apartment property built in 1911, offering a prime value-add opportunity in a central Spokane location near major employers, parks, schools, and everyday amenities. With nearly $115,000 in recent capital improvements, buyers are perfectly positioned to immediately focus on unit upgrades to push rents and increase returns. Recent work includes new electrical panels, furnace, windows, siding, and fresh exterior paint supporting strong day-one operations and reducing near-term capex. Investors can capture an estimated 16% rent growth as-is, with potential to drive approximately 28% upside with renovations. Excellent transit access with multiple bus stops within walking distance, making travel throughout Spokane easy.

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Multi-Family Active

Price

$ 550,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 4,546

Style

5-9 Units

Lot Size

0.1377

Year Built

1911

Town/City

Spokane

County/Region

Spokane

MLS | Web ID

2466192

Features
General
Living Area 0
Sewer Sewer Connected
Heating Forced Air
Cooling None
Possession Closing
Roof Composition
HOA Fee 0
Year Built 1911
View City
Property Subtype Multi Family
Tax Year 2025
County Spokane
Net Operating Income 37948
Insurance Expense 2270
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Spokane
Special Listing Conditions None
Status Active
Directions 1704 -1712 N ASH ST Spokane WA
City Spokane
Senior Community Y/N N
High School District Spokane
Open Parking Spaces 0
Number Of Units Total 7
MLS Area 561 - Spokane County
Lot Size Units Square Feet
Lot Size Square Feet 6000
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Out Conventional
Tax Annual Amount 4546
Electric Expense 2559
Fuel Expense 2559
Property Condition Very Good
Public Remarks Well-maintained 7-unit apartment property built in 1911 offering a prime value-add opportunity in a central Spokane location near major employers parks schools and everyday amenities. With nearly $11
Leasable Area 2850
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Amenities Coin Op Laundry
Water Company City of Spokane
Units Below Grade false
Units In Building Total 7
Water Sewer Garbage 2558
Property Style 55 - 5-9 Units
Cap Rate 6.9
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Exterior
Exterior Amenities Wood
Lot Features Alley Corner Lot Curbs Paved Sidewalk
Water Source Public
Total Parking 2
Foundation Details Poured Concrete
Building Area Total 2850
Lot Dimensions 6000
Lot Size Acres 0.1377
Waterfront Y/N N
Covered Spaces 2
Irrigation Water Rights Y/N N
Parking Uncovered Spaces 0
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Interior
Flooring Laminate Carpet
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Bedrooms Possible 8
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2466192
Street Number 1 1704
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* Excluded Features
List By
Max Frame

Listing Agent

Kidder Mathews

Broker

Affordability Calculator

$3,765
Per Month
90%
10%
0%
Monthly Principal & Interest
$3,386
Monthly Property Taxes
$379
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
256559 Elementary School
258793 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/7/2026$550,000 Listed Price

Map


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1704 N Ash Street, Spokane, WA, 99205 is a Multi-Family Home for sale at $550,000 with 2,850 sqft and a lot size of 0.1377. 1704 N Ash Street is a studio with 0.0 baths and was built in 1911. The property's zip code is 99205 which is in Spokane, WA