1704 N Ash St, Spokane, WA 99205

$495,000
2,850
SqFt

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List Price
$495,000
Price Change
▼ $25,000 1784334892
MLS#
202613495
Property Sub-Type
Residential Income
Current MLS Listing Sale Status
Active
Financing Terms
Conventional, Cash
City
Spokane
Acres
13

Property Description

Ash Apartments is a well-located 7-unit value-add apartment community in Spokane’s West Central neighborhood, offering immediate cash flow with a clear path to enhanced long-term returns through light interior upgrades and operational improvements. The property consists of two charming buildings and has benefited from nearly $115,000 in recent capital improvements including new electrical service and panels, upgraded windows, new siding and exterior paint, interior paint, LVP flooring, and a new furnace, significantly reducing near-term capital needs. The asset is ideally positioned for continued income growth through updated interiors and refreshed common areas, and its proximity to Downtown Spokane, Gonzaga University, transit, parks, and major employers supports strong and durable rental demand, making it an attractive opportunity for investors seeking a stabilized core holding with meaningful upside.

Additional Information

Year Built
1911
MLS Area/Grid
NW Urban N I-90
MLS Area/Grid Number
A330/020
Parcel Number
25124.6008
Property Taxes
$4,546
School District
Spokane Dist 81
Elementary School
Holmes
Middle School
Yasuhara
High School
North Central
Home Amenities
Laundry
Home Total Sq Ft
2,850
Garage Spaces
2
Basement
Slab
Heating/Cooling
Forced Air
Roof Style
Composition
Frontage
City Street, Paved Road
Acres MOL
13
Lot Size
566,280
Property Sub-Type
Residential Income

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Listing courtesy of SARMLS / SVN Cornerstone

Listings last updated . All information provided is deemed reliable but is not guaranteed and should be independently verified.