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Street View
$1,795,000
Monthly Est:$8,934
-- Bed
-- Bath
10,944sqft
1515 W Sharp Ave, Spokane, WA 99201
$1,795,000
$8,934/moEst:
Get Pre-Approved
Multi Family
Built in 1977
$-- HOA
16,552.8 sqft lot
$164/sq.ft
Description
SVN Cornerstone is pleased to present Sharp Apartments, a 16-unit multifamily investment opportunity in Spokane, WA. Built in 1977, the property features twelve 1-bed/1-bath units (~576 SF) and four 2-bed/1-bath units (~720 SF). 12 units have been renovated, leaving four classic units that offer an immediate ~17% upside in rents upon renovation. All units include in-wall A/C, baseboard heat, dishwashers, and ample closet space. Amenities include onsite laundry and covered rear parking.
Offered at $1,900,000 ($118,750/unit | $194/NRSF), the asset delivers a 5.77% in-place cap rate at 100% occupancy. Located in Spokane's West Central neighborhood, the property offers quick access to I-90 and US-2/Division St, and is minutes from Downtown Spokane, the Spokane County Courthouse campus, Spokane Arena, and Riverfront Park--driving strong long-term tenant demand and stabilit
- Houzeo last checked: 4 hours ago
- Listing updated: October 16, 2026 at 8:55 pm
- Listing Provided by: Jordan Lester (509) 496-6922 DRE #1271842 | SVN Cornerstone Commercial (509) 321-2000
- Source: Coeur d'Alene MLS-ID | MLS#: 26-10283
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
Year Built
1977
HOA Fees
-
Finished Area
10,944 sqft
Lot Size
16,552.8 sqft lot
Basement Area
- sqft
MLS Name
Coeur d'Alene MLS
MLS Number
26-10283
MLS Status
Active
Days on Market
13
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Heating
Electric, Furnace
Sewer
Public Sewer
Construction
Year Built
Year Built: 1977
Home type
Multi Family
Foundation Details
Wood
Roof
Aluminum
Construction Materials
Steel Siding, Concrete
Utilities & Energy
Basement
None
Water Source
Public
Other Features
Lot Features
Level
Subdivision Name
Spokane
Price History
| Date | Event | Price |
|---|---|---|
10/16/2026 Source: | Listed for Sale | $1,795,000 $164/sqft |
West Central Ranks #37 in Spokane, WA
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Based on information from CDA Regional REALTORS® or its Multiple Listing Service through Oct 29, 2026, 02:15PM The IDX information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. © 2026 CDA Regional REALTORS®. All Rights Reserved.
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