901 S Lincoln St - Apartments FOR SALE


Spokane, WA 99204- Cliff Cannon
$1,300,000 USD
509-315-8720
901 S Lincoln St, Spokane, WA for Sale
$1,300,000 USD
Apartments - FOR SALE
1/28
null | 7.28% Cap Rate

901 S Lincoln St
Spokane, WA 99204
Cliff Cannon


HIGHLIGHTS

  • On Site Laundry Facilities
  • Large Private Parking Lot
  • Recent Unit Updates

OVERVIEW

• 7 - 1 Bed Units, 2 - 2 Bed Units, 1 - 3 Bed Unit, & 1 Studio • Rental Income of $10,875/Month • On Site Laundry Facilities • Large Private Parking Lot This property offers individuality, uniqueness, and character. Located in Spokane’s historically upscale Lower South Hill neighborhood, this area was originally developed 120 years ago as an affluent district filled with historic homes and mansions. These homes were built during a time when craftsmanship and quality materials were highly valued. Thanks to the lasting quality of the surrounding residences and the convenient access to downtown, this property sits in one of Spokane’s most desirable residential areas. It benefits from easy access to both East–West freeway routes and North–South corridors like Maple and Monroe. Major employers—including Deaconess Hospital, Sacred Heart Hospital, Fairchild Air Force Base, and Downtown Spokane—are just minutes away. The property is centrally located with convenient access to major roads. We encourage you to explore the Spokane City Crime Map to see the neighborhood firsthand. This property has minimal deferred maintenance, and it remains attractive and well cared for—something tenants take pride in. Leases include clear rules: no parties, no loud music, and no smoking. A team of full-time maintenance staff ensures that all repairs are addressed promptly and that the property remains in excellent condition. • Recent Unit Updates • Close to I-90 & Downtown Spokane • Parcel # 35193.3801

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$193 USD /SF

# OF UNITS

11

PRICE/UNIT

$118,182

CAP RATE

7.28%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1890

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.52 AC

LAND SF

22,477 SF

ZONING

RMF

APN/PARCEL ID

35193.3801

ASK ABOUT THIS PROPERTY

Dallas LightnerLT Real EstateMore Info
509-315-8720

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Dallas LightnerLT Real EstateMore Info
509-315-8720

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.