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Listed by Ryan Towner • LT Real Estate
$1,200,000
Est. payment /mo
7,182 SqFt
New
1618 N Lincoln St Spokane, WA 99205
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Key Details
Property Type Multi-Family
Sub Type Rental
Listing Status Active
Purchase Type For Sale
Square Footage 7,182 sqft
Price per Sqft $167
MLS Listing ID 202517098
Year Built 1910
Lot Size 3,920 Sqft
Lot Dimensions 0.09
Property Sub-Type Rental
Property Description
A fantastic opportunity to own a fully occupied 10-unit building just minutes from the Garland District and Downtown Spokane! Each unit features a comfortable 1 bed/1 bath layout, with many recently updated to include luxury vinyl plank flooring and modern appliances. Residents enjoy the convenience of an on-site laundry facility and a location close to local shops, dining, and entertainment. With $8,780/month in income and strong occupancy, this property is perfect for any buyer looking to step into a stable, income-producing asset with long-term potential.
Location
State WA
County Spokane
Rooms
Basement Full, Finished, Laundry
Interior
Heating Electric, Baseboard
Exterior
Parking Features Detached, Off Site, Alley Access
Amenities Available Laundry
View Y/N true
Roof Type Composition,Flat
Building
Story 3
Structure Type Brick
Schools
Elementary Schools Garfield
Middle Schools Yasuhara
High Schools North Central
School District Spokane Dist 81
Others
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash