For Sale
$595,000

2314 2Nd AveSpokane, WA 99201

Historic Browne's Addition, 3-unit building, high potential.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a charming 1,728 square foot, three-unit apartment building nestled in the heart of Spokane's desirable Browne's Addition neighborhood. Built in 1897, this single-story building sits on a sizable 0.26-acre lot, presenting significant potential for expansion. The property's current configuration offers three units, providing immediate rental income. However, the substantial vacant lot offers a unique opportunity for significant development. Conceptual plans indicate the potential to add up to twelve more units, substantially increasing the property's value and rental income. This is a rare chance to acquire a well-located property with considerable upside potential in a thriving Spokane neighborhood. The property's parcel number is 25242.0306. The existing structure is classified as Class C. This property is being offered at $595,000. Don't miss this chance to capitalize on the growing Spokane real estate market.

Highlights

  • $595,000 asking price for a three-unit apartment building.
  • 1,728 square foot triplex located in Spokane, WA's Browne's Addition neighborhood.
  • 0.26-acre lot with potential for significant expansion (up to 12 additional units).
  • Built in 1897, this Class C property features one building and one story.
  • APN: 25242.0306.

Property Details for 2314 2Nd Ave

Property type
Apartment buildings
Square Feet
1,728 SF
Class
C
Year Built
1897
Buildings
1
Stories
1
Lot Size (sq. ft)
11,326 SF
Units
3

Location Insight

City
Spokane
County
Spokane
State
Washington
Latitude
47.6548069
Longitude
-117.4468105
2314 2Nd Ave, Spokane, Washington

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2314 2Nd Ave
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