$520,000

1704 N Ash St, Spokane, WA 99205

  • 4,802 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1911
  • Property Lot Size Icon6,098sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $108/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Ash Apartments is a well-located 7-unit value-add apartment community in Spokane's West Central neighborhood, offering immediate cash flow with a clear path to enhanced long-term returns through light interior upgrades and operational improvements. The property consists of two charming buildings and has benefited from nearly $115,000 in recent capital improvements including new electrical service and panels, upgraded windows, new siding and exterior paint, interior paint, LVP flooring, and a new furnace, significantly reducing near-term capital needs. The asset is ideally positioned for continued income growth through updated interiors and refreshed common areas, and its proximity to Downtown Spokane, Gonzaga University, transit, parks, and major employers supports strong and durable rental demand, making it an attractive opportunity for investors seeking a stabilized core holding with meaningful upside.

Listing Status:
Active
Date Added:
May 13, 2026
Data Last Updated:
June 19, 2026 at 6:36PM
Listing Office:
SVN Cornerstone Commercial : 509-321-2000
MLS ID:
26-4816
  • Basement: None
  • Heating: FurnaceElectric
  • Roofing: Concrete
  • General: ConcreteWood SidingWood
  • Road/Access: Gravel
  • Originating MLS: Coeur d'Alene Multiple Listing Service
  • School District: Other
  • County: Spokane
  • Zoning: CC2COLER BLVD ADD L7 B925124.6008
  • View: None
  • Water: Public
  • Sewer: Public Sewer
  • Source: Coeur d'Alene Multiple Listing Service

This listing courtesy of SVN Cornerstone Commercial

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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