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About the Listing 128 - 149441
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.
Listing Highlights
Interior Details
- Bedrooms: 8
- Bathrooms: 7 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces: 0
- Floor: Laminate,Carpet
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: City of Spokane
Exterior Details
- Lot Description: Alley,Corner Lot,Curbs,Paved,Sidewalk
- Garage Capacity: N/A
- Parking Spaces: 2
- Lot Dimensions: 6000
- Roof: Composition
- Others: Wood,Very Good
- Sewer: City of Spokane
Financial Details
- Tax Amount: $4,546
- Taxes w/Assessments: N/A
- Tax/Property ID: 251246008
- Tax Year: 2025
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
1704 N Ash St Spokane, WA 99205
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