Active

1704 Ash St

Spokane, WA 99205

$520,000 $2,192/Mo

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Overview

Bed

Bath

4,802

Sqft

0.14

Acre(Lot)

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 renta l demand, making it an attractive opportunity for investors seeking a stabilized core holding with meaningful upside.

Property Details

Property Type : Residential Income

Price : $520,000

AD Id : 78482507

MLS Id : 26-4816

Lot Size : 0.14 Acre

Living Area Size : 4,802

Year Built : 1911

County : Spokane

Subdivision: Rural Tract (no Subd)

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: 1911 Building Area Total: 4802 Construction Materials: Concrete, Wood Siding Private Pool: No View: None

Lot Information

Main Square Feet: 0.14 Lot Size Acres: 0.14 Lot Size Square Feet: 6098.4 Lot Description: Corner Lot, Level

Property Information

Subdivision: Spokane Source Property Type: Residential Income MLS Area Minor: Washington Counties Property SubType: Multi Family Property Age: 115

Listing Price Information

Listing Price: $520000 Conventional, Cash

Tax Information

Parcel Number: 25124.6008 Tax Year: 2025 Annual Tax: $4342 Tax Legal Desc: COLER BLVD ADD L7 B9

Location Information

Direction: Head north on Ash Street from downtown Spokane. The destination is located on the right (east) side of the street, just past the intersection with W Westover Blvd. WaterSource: Public

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ByOwner last updated this listing 07/03/2026 @ 18:49

MLS: 26-4816 LISTED BY: Jordan Lester, SVN Cornerstone Commercial SOURCE: Coeur d'Alene Multiple Listing Service