3115 E 29th Ave Spokane, WA $ 4,500,000
3115 E 29th Ave
$ 4,500,000
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3115 E 29th Ave

Spokane, WA, 99223
$ 4,500,000
Bedrooms6 Baths4.0 Sq 31,100

Monthly Estimate*

$ 28,413

Listed by Kidder Mathews
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Multi-Family Home for sale in Spokane, WA

for $4,500,000 with 6 bedrooms and 4 full baths. This 31,100 square foot home was built in 1970 on a lot size of 1.6666.

Lincoln Heights Manor presents a compelling value-add opportunity in one of Spokane’s most desirable neighborhoods. This well-maintained 36-unit community offers a mix of primarily spacious 2-bedroom apartments and 3-bedroom townhomes featuring private balconies or patios. Residents enjoy a convenient location within walking distance of shopping, schools, parks, employment, and a variety of everyday amenities. In addition to its strong location and attractive unit mix, the property offers further upside through the potential conversion of the existing clubhouse into an additional residential unit.

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Multi-Family Active

Price

$ 4,500,000

Bedrooms

6

Full Bath

4

Property Type

Multi-Family

Taxes

$ 37,112

Style

10+ Units

Lot Size

1.6666

Year Built

1970

Town/City

Spokane

County/Region

Spokane

MLS | Web ID

2571205

Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard
Cooling None
Possession Closing
Roof Flat
HOA Fee 0
Garage Spaces 0
Year Built 1970
View City
Property Subtype Multi Family
Tax Year 2026
County Spokane
Net Operating Income 259875
Insurance Expense 26825
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Spokane
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions 3115 E 29TH AVE SPOK ANE WA
City Spokane
Senior Community Y/N N
High School District Spokane
Zoning Description Multi-Family
Number Of Units Total 3
MLS Area 561 - Spokane County
Lot Size Units Square Feet
Lot Size Square Feet 72596
Carport Spaces 38
Carport Y/N N
Listing Terms Cash Conventional
Tax Annual Amount 37112
Electric Expense 24302
Fuel Expense 24302
Property Condition Very Good
Public Remarks Lincoln Heights Manor presents a compelling value-add opportunity in one of Spokanes most desirable neighborhoods. This well-maintained 36-unit community offers a mix of primarily spacious 2-bedroom
Leasable Area 31000
Virtual Tour https://simonandersonteam.com/listings/lincoln-heights-manor/
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Amenities Coin Op Laundry
Units Below Grade false
Units In Building Total 36
Water Sewer Garbage 24302
Property Style 56 - 10+ Units
Cap Rate 5.78
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Exterior
Exterior Amenities Wood
Lot Features Sidewalk Value In Land
Total Parking 16
Foundation Details Poured Concrete
Building Area Total 31100
Lot Dimensions 72596
Lot Size Acres 1.6666
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Parking Uncovered Total 16
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Interior
Flooring Vinyl Plank Carpet
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Bedrooms Possible 70
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 NWM2571205
Street Number 1 3115
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* Excluded Features
List By
Max Frame

Listing Agent

Kidder Mathews

Broker

Affordability Calculator

$31,506
Per Month
90%
10%
0%
Monthly Principal & Interest
$28,413
Monthly Property Taxes
$3,093
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
8/19/2026$4,500,000 Listed Price

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3115 E 29th Ave, Spokane, WA, 99223 is a Multi-Family Home for sale at $4,500,000 with 31,100 sqft and a lot size of 1.6666. 3115 E 29th Ave has 6 bedrooms, 4.0 baths, and was built in 1970. The property's zip code is 99223 which is in Spokane, WA