Active

1414 Lincoln St

Spokane, WA 99201

$799,950 $3,372/Mo

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Overview

Bed

Bath

7,615

Sqft

0.16

Acre(Lot)

Description

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 avai lable for purchase Utility Expense Reduction Upside potential through rent increases, unit renovations to support additional rental growth, and acquisition of the adjacent land

Property Details

Property Type : Residential Income

Price : $799,950

AD Id : 91347631

MLS Id : 26-9520

Lot Size : 0.16 Acre

Living Area Size : 7,615 Sq. Ft

Tax Amount : $6,932.16

Year Built : 1905

County : Spokane

Map

What's Nearby

Nearby Areas

Features

Room Information

Basement: None
Roofing Information

Concrete
Interior Features

Roof: Concrete
Heating & Cooling

Has Heating: Yes Heating: Floor Furnace, Electric

Building Information

Year Built: 1905 Building Area Total: 7615 Construction Materials: Brick, Concrete Private Pool: No View: None

Lot Information

Main Square Feet: 0.16 Lot Size Acres: 0.16 Lot Size Square Feet: 6969.6 Lot Description: Level

Property Information

Subdivision: N/A Source Property Type: Residential Income MLS Area Minor: Washington Counties Property SubType: Multi Family Property Age: 121

Listing Price Information

Listing Price: $799950 Conventional, Cash

Tax Information

Parcel Number: 35182.0709 Tax Year: 2025 Annual Tax: $6932.16 Tax Legal Desc: STRATTONS ADD L9 B23

Parking Information

Paved

Location Information

Direction: Head north from downtown Spokane on N Monroe St, turn right onto W Sharp Ave, and take an immediate left onto N Lincoln St WaterSource: Public

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
224 Howard St, Spokane, WA, 99201	$1,800,000	--	--	20,634	0.10 Acre

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ByOwner last updated this listing 10/02/2026 @ 01:00

MLS: 26-9520 LISTED BY: Jordan Lester, SVN Cornerstone Commercial SOURCE: Coeur d'Alene Multiple Listing Service