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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Cambria Henry ~ DB

Cambria Henry ~ DB

+1(509) 590-4701
Listed by Jordan Lester • SVN Cornerstone
$ 799,950
Est. payment /mo
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Pending

1414 N LINCOLN St Spokane, WA 99201

6,969 Sqft Lot

UPDATED:

Key Details

Property Type Other Types

Sub Type Residential Income

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 202626855

Year Built 1905

Lot Size 6,969 Sqft

Lot Dimensions 0.16

Property Sub-Type Residential Income

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. Highlights All units are currently rented and professionally managed, providing strong in place performance Recent capital improvements reduce near term capital needs for new ownership Additional Land Available: 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

Rooms

Basement None

Interior

Heating Electric

Exterior

Parking Features Detached

Amenities Available None

View Y/N true

Roof Type Shake

Building

Structure Type Brick

Schools

School District Spokane Dist 81

Others

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash

NEARBY SCHOOLS & PROPERTIES

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Cambria Henry ~ DB
Cambria Henry ~ DB

Designated/Managing Broker

+1(509) 590-4701

304 W Pacific Ave Suite 310, Spokane, WA 99201, United States

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1414 N LINCOLN St