SVN Cornerstone is pleased to present the Lincoln Apartments for sale, located at 1414 N Lincoln St in Spokane's Emerson Garfield neighborhood. The property consists of 9 units, including 1 2bed/1bath unit, 7 1bed/1bath units, and 1 studio, along with common laundry facilities for tenants. Recent capital improvements include doubling the building's electrical capacity with the addition of a second electrical panel, removing knob and tube wiring from 3 second floor units, replacing the roof in July of 2020, and installing a new boiler in January 2026.
Highilights
All units are currently rented and professionally managed, providing strong in place performance
Recent capital improvements reduce near term capital needs for new ownership
Adjacent 0.16 acre parcel zoned RHD 55 is also available for purchase
Utility Expense Reduction
Upside potential through rent increases, unit renovations to support additional rental growth, and acquisition of the adjacent land
Active
$799,950
1414 N Lincoln St, Spokane, WA 99201
9beds
9baths
7,615sqft
Multi Family
Built in 1905
-- sqft lot
$793,400 Zestimate®
$105/sqft
$-- HOA
What's special
- 7 days
- 103
- 8
Zillow last checked:
Listing updated:
Listed by:
Jordan Lester 509-496-6922,
SVN Cornerstone Commercial
Source: Coeur d'Alene MLS,MLS#: 26-9520
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 9
Heating
- Electric, Furnace
Features
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 7,615
- Total interior livable area: 7,615 sqft
Property
Features
- Has view: Yes
- View description: None
Lot
- Size: 6,969 Square Feet
- Features: Level
Details
- Parcel number: 35182.0709
- Zoning: RHD-55
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Concrete, Brick
- Foundation: Block
- Roof: Concrete
Condition
- Year built: 1905
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: N/A
HOA
- Has HOA: No
Location
- Region: Spokane
Financial & listing details
- Price per square foot: $105/sqft
- Annual tax amount: $6,932
- Date on market: 9/18/2026
- Road surface type: Paved
Estimated market value
$793,400
$754,000 - $833,000
$1,420/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/18/2026 | Listed for sale | $799,950-7%$105/sqft |
Source: | ||
| 7/17/2026 | Listing removed | $860,000$113/sqft |
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| 6/8/2026 | Listed for sale | $860,000-9.5%$113/sqft |
Source: | ||
| 4/16/2026 | Listing removed | $950,000$125/sqft |
Source: | ||
| 3/31/2026 | Price change | $950,000-5%$125/sqft |
Source: | ||
| 10/20/2025 | Listed for sale | $999,999$131/sqft |
Source: | ||
| 9/6/2025 | Listing removed | $999,999$131/sqft |
Source: | ||
| 6/5/2025 | Price change | $999,999-16.7%$131/sqft |
Source: | ||
| 3/17/2025 | Listed for sale | $1,200,000$158/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment







