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11403 E 2nd Ave
Spokane, WA 99206
Multifamily Property For Sale
·
20 Units
Property Facts
| No. Units | 20 | Lot Size | 1.55 AC |
| Property Type | Multifamily | Building Size | 16,640 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1977 |
| Building Class | C | Parking Ratio | 2.1/1,000 SF |
| Zoning | MF | ||
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.55 AC |
| Building Size | 16,640 SF |
| No. Stories | 2 |
| Year Built | 1977 |
| Parking Ratio | 2.1/1,000 SF |
| Zoning | MF |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Heating
- Refrigerator
- Oven
- Range
About 11403 E 2ND AVE , SPOKANE, WA 99206
Centrally located in the Spokane Valley with access to amenities, transportation, and restaurants, the property features 20 large One Bedroom / One Bathroom units (705 SF) that have been well maintained. Most of the amenities and water heaters have been recently replaced. The Transportation Depot in the area is only a couple of blocks away. The property has a low vacancy history with the tenants enjoying a quiet living experience as well as the convenient location. Rents are low for the area and vacant units have historically rented with ease. We estimate that a developer could add 10 more units to the parcel. The zoning has no density limitations, no minimum setbacks, or maximum building height limitations leaving plenty of space left on the parcel to build the additional units while keeping the minimum space for parking and landscaping. Spokane is Washington's 2nd largest city and serves as a regional commerce center for Eastern Washington and Northern Idaho.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 20 | $480.00 | 705 |
Property Taxes
| Parcel Number | 45212.0123 | Improvements Assessment | $1,501,570 |
| Land Assessment | $404,930 | Total Assessment | $1,906,500 |
Property Taxes
