Listing provided courtesy of Kidder MathewsNWMLSas Distributed by MLSGrid- MLS# NWM2466192
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Request Info1704 N Ash StreetSpokane, WA 99205
Multi-Family · 8 Beds · 2,850 Sq. ft. | 0.14 Acres$520,000
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1704 N Ash Street Overview
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Well-maintained 7-unit apartment property built in 1911, offering a prime value-add opportunity in a central Spokane location near major employers, parks, schools, and everyday amenities. With nearly $115,000 in recent capital improvements, buyers are perfectly positioned to immediately focus on unit upgrades to push rents and increase returns. Recent work includes new electrical panels, furnace, windows, siding, and fresh exterior paint supporting strong day-one operations and reducing near-term capex. Investors can capture an estimated 16% rent growth as-is, with potential to drive approximately 28% upside with renovations. Excellent transit access with multiple bus stops within walking distance, making travel throughout Spokane easy.
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1704 N Ash Street Facts & Features
- Type Multi-Family
- Sq. ft. 2,850
- Price/Sq.ft. $182
- Lot 0.14 Acres
Details
General
Association/HOA
- Association Fee: $0.00
School Information
- School District: Spokane
Income/Expenses
- Other Expense: 17660
- Electric Expense: 2559
- Fuel Expense: 2559
- Gross Scheduled Income: 73732
- Insurance Expense: 2270
- Net Operating Income: 37948
- Total Expenses: 32152
- Total Monthly Income: 5249
- Water/Sewer/Garbage: 2558
Building Information
- New Construction: No
- Year Built: 1911
Location/Region
- Country: US
- County Or Parish: Spokane
- MLS Area Major: 561 - Spokane County
- Subdivision Name: Spokane
Community/Development
- Amenities: Coin Op Laundry
Tax Information
- Tax Annual Amount: $4,546.00
- Tax Year: 2025
General Information
- Listing Terms: Cash, Conventional
- Parcel Number: 251246008
- Property Condition: Very Good
- Property Sub Type: Multi Family
- Property Type: Residential Income
- Senior Community: No
- Special Listing Conditions: None
Interior
Parking Information
- Garage Spaces: 2
Beds/Baths
- Bedrooms Possible: 8
- Bedrooms Upper: 0
Building Interior
- Building Area Total: 2850
- Building Area Units: Square Feet
- Calculated Square Footage: 2850
- Square Footage Finished: 0
- Square Footage Unfinished: 0
General Information
- Cooling: No
- Fireplace: No
- Fireplaces Total: 0
- Flooring: Laminate, Carpet
- Foundation Details: Poured Concrete
- Heating: Yes
- Leasable Area: 2850
- Living Area: 0
- Main Level Bathrooms: 0
- Power Production Type: Electric
- Stories Total: 2
Exterior
Parking Information
- Open Parking Spaces: 0
- Open Parking: No
- Parking Total: 2
- Parking Uncovered Spaces: 0
Lot Information
- Irrigation Water Rights: No
- Lot Features: Alley, Corner Lot, Curbs, Paved, Sidewalk
- Lot Size Acres: 0.1377
- Lot Size Dimensions: 6000
- Lot Size Square Feet: 6000
- Lot Size Units: Square Feet
- Elevation Units: Feet
- Water Source: Public
Waterfront/View
- Waterfront: No
Building Exterior/Construction
- Roof: Composition
- Structure Type: Multi Family
General Information
- Carport Spaces: 0
- Carport: No
- Covered Spaces: 0
- Exterior Features: Wood
- Number Of Units Total: 7
- Sewer: Sewer Connected
Unit Information
Unit 5 Details
- Actual Rent: 0
- Beds Total: 1
- Baths Total: 1
Unit 1 Details
- Actual Rent: 773
- Beds Total: 2
- Baths Total: 1
Unit 3 Details
- Actual Rent: 773
- Beds Total: 1
- Baths Total: 1
Unit 4 Details
- Actual Rent: 900
- Beds Total: 1
- Baths Total: 1
Unit 2 Details
- Actual Rent: 927
- Beds Total: 1
- Baths Total: 1
Unit 7 Details
- Actual Rent: 927
- Beds Total: 1
- Baths Total: 1
Unit 6 Details
- Actual Rent: 950
- Beds Total: 1
- Baths Total: 1
1704 N Ash Street Neighborhood
Community
99205 (Spokane) Demographics
36
Median Age
4,849
Population Density (per sq. mile)
40%
College Educated
$56,467
Estimated Median Income
11,948
Estimated Total Home Owners
5,978
Estimated Total Renters
67% / 33%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.1704 N Ash Street Monthly Cost
1704 N Ash Street Market Data
Based on the last 30 days in this zip code
$350,556
Average List Price
$208
Average Price per Square Foot
0
Properties Sold
46
Average Days on Market
217
Properties for Sale