1824 W 2nd Ave, Spokane, WA 99201
Spokane County
Key Facts
Description
Excellent investment opportunity in Spokane’s highly desirable Browne’s Addition neighborhood. This two-story multifamily property comprises five 1 bed, 1 bath units, each offering strong rental appeal in one of the city’s most established and walkable areas. Each unit blends historic character with functional layouts, including original hardwood floors, abundant natural light, and decorative fireplaces in select units. Full-size kitchens and well-maintained bathrooms with tub/shower combinations provide practical, comfortable living spaces for tenants. The property offers consistent demand due to its proximity to parks, dining, medical facilities, and downtown Spokane. Ideal for investors seeking stable cash flow in a proven rental submarket.
Property Information
Property Type
Residential Income
Year Built
1903
Living Area
3,040 sq ft
Lot Size
0.11 acres
Days on Market
25
MLS® Listing#
202612674
Property Features
Heating
Basement
Parking
Laundry
Construction
Roof
Financial Details
Parcel Number
25241.1710
Affordability Calculator
$150,000
Estimated monthly payment
$3,992/mo
Principal $600,000 · Est. interest $837,053 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Spokane, WA
- $478,349
- Median Listing Price
- 46
- Median Days on Market
- 2,188
- Median Sq Ft
- $220
- Median Price / Sq Ft
- 1,761
- Active Listings
- This home’s price is 57% above the area median.
- Its price per sq ft is 12% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Spokane, WA.
Location
Points of Interest in Spokane, WA
Showing the Spokane area map.
Nearby Schools
First Presbyterian Christian School
School · 0.3 mi away
Bryant Center
Secondary · 0.7 mi away
Lumen High School
Secondary · 0.8 mi away
Little Red School House
Elementary · 0.9 mi away
Spokane Juvenile Detention School
Secondary · 0.9 mi away
Lewis & Clark High School T
Secondary · 0.9 mi away
Holmes Elementary
Elementary · 1.1 mi away
Spokane Public Schools
Secondary · 1.2 mi away
Blue Prints for Learning
School · 1.3 mi away
The Community School
Secondary · 1.3 mi away
Sacred Heart Hospital
School · 1.3 mi away
Cataldo Catholic School
School · 1.5 mi away
Roosevelt Elementary School
Elementary · 1.5 mi away
Daybreak Alternative School
Secondary · 1.5 mi away
Enlightium Academy
School · 1.5 mi away
North Central High School
Secondary · 1.5 mi away
Discovery School
Secondary · 1.6 mi away
Alternative Tamarack School
Secondary · 1.7 mi away
Seventh-Day Adventist Church
School · 1.7 mi away
Palisades Christian Academy
School · 1.7 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 557 E Broad Ave, Spokane, WA | $525,000 | — | — | — |
| 3918 S Grand Blvd, Spokane, WA | $525,000 | 3 | 2 | 2,287 |
| 4111 S Henry Rd, Spokane Valley, WA | $525,000 | — | — | — |
| 10720 & 10722 E SPRINGFIELD Ave, Spokane Valley, WA | $525,000 | — | — | 3,816 |
| 2318 E Dalke Ave, Spokane, WA | $525,000 | — | — | — |
| 808 E Country Hill Ct, Spokane, WA | $525,000 | 4 | 3 | 2,708 |
Moving Cost Estimate
EXIT Agents in Spokane
Listing Courtesy: LT Real Estate - 5093158720