1414 N Lincoln St, Spokane, WA 99201
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1414 N Lincoln St, Spokane, WA 99201
1414 N Lincoln St, Spokane, WA 99201
1414 N Lincoln St, Spokane, WA 99201
1414 N Lincoln St, Spokane, WA 99201
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1414 N Lincoln St Spokane, WA 99201

7,615 SqFt


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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,615 sqft

Price per Sqft $105

MLS Listing ID 26-9520

Style Multi Level

HOA Y/N No

Year Built 1905

Annual Tax Amount $6,932

Tax Year 2025

Lot Size 6,969 Sqft

Acres 0.16

Property Sub-Type Multi Family

Source Coeur d'Alene Multiple Listing Service

Property Description

SVN Cornerstone is pleased to present the Lincoln Apartments for sale, located at 1414 N Lincoln St in Spokane's Emerson Garfield neighborhood. The property consists of 9 units, including 1 2bed/1bath unit, 7 1bed/1bath units, and 1 studio, along with common laundry facilities for tenants. Recent capital improvements include doubling the building's electrical capacity with the addition of a second electrical panel, removing knob and tube wiring from 3 second floor units, replacing the roof in July of 2020, and installing a new boiler in January 2026.

Highilights
All units are currently rented and professionally managed, providing strong in place performance
Recent capital improvements reduce near term capital needs for new ownership
Adjacent 0.16 acre parcel zoned RHD 55 is also available for purchase
Utility Expense Reduction
Upside potential through rent increases, unit renovations to support additional rental growth, and acquisition of the adjacent land

Location

State WA

County Spokane

Area Washington Counties

Zoning RHD-55

Direction Head north from downtown Spokane on N Monroe St, turn right onto W Sharp Ave, and take an immediate left onto N Lincoln St

Rooms

Basement None

Interior

Heating Electric, Furnace

Exterior

Garage Description None

View None

Roof Type Concrete

Building

Lot Description Level

Foundation Block

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Other

Others

Tax ID 35182.0709


Listed by SVN Cornerstone Commercial
Crissy Schinmann

Crissy Schinmann

Agent

+1(208) 651-7353

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1414 N Lincoln St