$520,000

1704 N Ash St, Spokane, WA 99205

2,850 sqft

Multi-Family Home
Built in 1911
13acre lot
2 car garage
$182/sqft
Listed 23 days ago

Property Description

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 Status:: Active
Data Last Updated:: April 5, 2026 at 11:18PM
Listing Office:: SVN Cornerstone : 509-496-6922
Listing Agent:: Jordan Lester : 509-496-6922
MLS ID:: 202613495

Appliances: Free-Standing RangeRefrigerator
Basement: Slab
Heating: Forced Air

Parking: DetachedParking spaces: 2

Roofing: Composition
General: Two Story

Road/Access: City StreetPaved Road
HOA Amenities: Laundry
Originating MLS: sarmls
School District: Spokane Dist 81
County: Spokane

Zoning: 25124.6008

Source: sarmls

This listing courtesy of Jordan Lester , SVN Cornerstone

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

Holmes Elementary School

2600 W Sharp Ave, Spokane, WA, 99201

Grades PK-5

0.69 miles away

Spokane Public Montessori

1300 W Knox Ave, Spokane, WA, 99205

Grades PK-8

0.32 miles away

North Central High School

1600 N Howard St, Spokane, WA, 99205

Grades 9-12

0.80 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.