Excellent investment opportunity in Spokane’s highly desirable Browne’s Addition neighborhood. This two-story multifamily property comprises five 1 bed, 1 bath units, each offering strong rental appeal in one of the city’s most established and walkable areas. Each unit blends historic character with functional layouts, including original hardwood floors, abundant natural light, and decorative fireplaces in select units. Full-size kitchens and well-maintained bathrooms with tub/shower combinations provide practical, comfortable living spaces for tenants. The property offers consistent demand due to its proximity to parks, dining, medical facilities, and downtown Spokane. Ideal for investors seeking stable cash flow in a proven rental submarket.
Active
$750,000
1824 W 2nd Ave, Spokane, WA 99201
5beds
5baths
3,040sqft
MultiFamily
Built in 1903
-- sqft lot
$718,600 Zestimate®
$247/sqft
$-- HOA
What's special
Original hardwood floorsAbundant natural lightTwo-story multifamily propertyHistoric characterFull-size kitchens
- 133 days |
- 155 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Ryan Towner 509-481-0373,
LT Real Estate,
Dallas Lightner 509-315-8720,
LT Real Estate
Source: SMLS as distributed by MLS GRID,MLS#: 202612674
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
Heating
- Natural Gas, Forced Air, Baseboard
Appliances
- Laundry: In Basement
Features
- Basement: Partial,Finished,Walk-Out Access
- Has fireplace: No
Interior area
- Total structure area: 3,040
- Total interior livable area: 3,040 sqft
Property
Parking
- Parking features: Off Site
Features
- Levels: Two
Lot
- Size: 5,000 Square Feet
Details
- Parcel number: 25241.1710
Construction
Type & style
- Home type: MultiFamily
Materials
- Wood Siding
- Roof: Composition
Condition
- Year built: 1903
Community & HOA
HOA
- Amenities included: Laundry
Location
- Region: Spokane
Financial & listing details
- Price per square foot: $247/sqft
- Date on market: 2/27/2026
- Listing terms: Conventional,Cash,Commercial
- Road surface type: Paved
Estimated market value
$718,600
$683,000 - $755,000
$1,397/mo
Price history
| Date | Event | Price |
|---|---|---|
| 2/27/2026 | Listed for sale | $750,000+5.6%$247/sqft |
Source:  SMLS as distributed by MLS GRID #202612674 Report a problem | ||
| 5/25/2022 | Sold | $710,000-1.9%$234/sqft |
Source: SMLS as distributed by MLS GRID #202211998 Report a problem | ||
| 4/5/2022 | Pending sale | $724,000$238/sqft |
Source: SMLS as distributed by MLS GRID #202211998 Report a problem | ||
| 3/31/2022 | Price change | $724,000-6.6%$238/sqft |
Source: SMLS as distributed by MLS GRID #202211998 Report a problem | ||
| 3/4/2022 | Listed for sale | $775,000+55%$255/sqft |
Source: SMLS as distributed by MLS GRID #202211998 Report a problem | ||
| 1/10/2020 | Sold | $500,000+156.4%$164/sqft |
Source: SMLS as distributed by MLS GRID #201924545 Report a problem | ||
| 12/31/2006 | Sold | $195,000$64/sqft |
Source: SMLS as distributed by MLS GRID #26019465 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Brownes Addition
Nearby schools
GreatSchools rating
- 7/10Roosevelt Elementary SchoolGrades: PK-6Distance: 1.5 mi
- 9/10Sacajawea Middle SchoolGrades: 6-8Distance: 2.6 mi
- 8/10Lewis & Clark High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- District: Spokane Dist 81
Source: SMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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- Washington
- Spokane County
- Spokane
- 99201
- Brownes Addition
- 1824 W 2nd Ave
Nearby cities
Nearby neighborhoods
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