1911 W 2Nd Ave, Spokane, WA 99201

Description

Own a piece of Browne's Addition, a circa-1900 Victorian 4-plex just blocks from downtown Spokane, 100% occupied and grossing $3,445/month. Character you can't build anymore: curved bay windows, arched fanlight, twin columned porches, and a striking floor-to-roofline river-rock chimney anchoring the front. The 2,584 sq ft layout spreads four 1 bed/1 bath units across two stories, plus a partial basement for storage and mechanicals. All four leases are current with staggered expirations into 2027 and rents of $800–$925 dependable day-one cash flow with clear upside to market rents on turnover. Out back, gravel off-street parking with alley access keeps tenants happy in a n...