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.
Sold
Listed by:
Max Frame,
Kidder Mathews
Bought with: ZNonMember-Office-MLS
$330,000
1911 W 2nd Avenue, Spokane, WA 99201
--beds
--baths
2,214sqft
Quadruplex
Built in 1900
-- sqft lot
$399,500 Zestimate®
$149/sqft
$1,514 Estimated rent
Home value
$399,500
$380,000 - $419,000
$1,514/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: December 14, 2025 at 04:03am
Listed by:
Max Frame,
Kidder Mathews
Bought with:
Unrepresentd ZDefault
ZNonMember-Office-MLS
Source: NWMLS,MLS#: 2373316
Facts & features
Interior
Heating
- Radiator, Electric
Cooling
- None
Features
- Flooring: See Remarks
- Has fireplace: No
Interior area
- Total structure area: 2,214
- Total interior livable area: 2,214 sqft
Property
Parking
- Total spaces: 5
- Parking features: Open
- Uncovered spaces: 5
Lot
- Size: 5,741 sqft
Details
- Parcel number: 25241.2102
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Wood Siding
- Foundation: See Remarks
- Roof: See Remarks
Condition
- Good
- Year built: 1900
- Major remodel year: 1900
Utilities & green energy
- Electric: Company: Avista
- Sewer: Available, Company: City of Spokane
- Water: Community, Company: City of Spokane
Community & neighborhood
Location
- Region: Spokane
- Subdivision: Spokane
Other
Other facts
- Listing terms: Cash Out,Conventional
- Cumulative days on market: 180 days
Price history
| Date | Event | Price |
|---|---|---|
| 11/14/2025 | Pending sale | $425,000+28.8%$192/sqft |
Source:  NWMLS #2373316 | ||
| 11/13/2025 | Sold | $330,000-22.4%$149/sqft |
Source: NWMLS #2373316 | ||
| 5/9/2025 | Listed for sale | $425,000+431.3%$192/sqft |
Source: NWMLS #2373316 | ||
| 11/24/2024 | Listing removed | $800 |
Source: Zillow Rentals | ||
| 11/15/2024 | Price change | $800-5.9% |
Source: Zillow Rentals | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,769 -10.7% | $379,820 -12.8% |
| 2023 | $4,222 +5% | $435,820 +6% |
| 2022 | $4,020 +31.9% | $411,120 +69.2% |
Find assessor info on the county website
Neighborhood: Brownes Addition
Nearby schools
GreatSchools rating
- 5/10Roosevelt Elementary SchoolGrades: PK-6Distance: 1.5 mi
- 7/10Sacajawea Middle SchoolGrades: 7-8Distance: 2.6 mi
- 8/10Lewis & Clark High SchoolGrades: 9-12Distance: 1 mi
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$399,500
2% more+ $7,990
With Zillow Showcase(estimated)
$407,490