1911 W 2nd Avenue

Spokane, WA 99201

  • Bed

  • Bath

  • 2214 SqFt

  • 11 DOM

  • Built: 1900

  • Status: Active

$425,000

X

1911 W 2nd Avenue

Spokane 99201

$425000

  • Bed

  • Bath

  • 2214 SqFt

  • 11 DOM

  • Built: 1900

  • Status: Active

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Srinivas Kasam

CEO & Founder

(650)533-3259

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.

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Residence Information

  • 2214

  • See Remarks

  • 54 - 4-Plex

  • 1900

  • See Remarks

Features and Utilities

  • Wood

  • Community

  • Available

  • 3051

Financial

  • 3769

  • Cash Out, Conventional

  • 05-08-2025

Comparable Information

  • 11

  • 11

  • Cash Out, Conventional

  • $425,000

  • $425,000

  • May 09, 2025 00:36

Schools

Map

Listing courtesy of Kidder Mathews.

The content relating to real estate for sale on this site comes in part from the IDX program of the NWMLS of Seattle, Washington. Real Estate listings held by brokerage firms other than this firm are marked with the NWMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2025 NWMLS of Seattle, Washington. All information provided is deemed reliable but is not guaranteed and should be independently verified. Kasamestates data last checked: May 19, 2025 20:58 | Listing last modified May 09, 2025 00:36. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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