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    2623 W Maxwell Ave Spokane, WA 99201

    For Sale
    $795,000

    Well-maintained multifamily property with AirBnB potential in West Central neighborhood.

    Property size:
    9,683 SF

    Property Features for 2623 W Maxwell Ave

    General Information

    Size
    9,683 SF

    Building Details

    Year built
    1907

    Source: Danny Patterson Agent Danny Patterson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    West Central Multifamily Investment Opportunity

    This multifamily apartment complex is available for sale, situated on a double lot within the growing West Central Neighborhood. The property is well-maintained and features a newer roof. One unit is currently utilized as an AirBnB. The property is individually metered for electricity.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Short term rental ...

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Spokane
    County
    Spokane
    State
    Washington
    Longitude
    -117.4508532
    Latitude
    47.6708523

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    FAQs

    What type of property is this?
    Apartment building - Well-maintained multifamily property with AirBnB potential in West Central neighborhood.
    Where is this apartment building located?
    The property is located at 2623 W Maxwell Ave Spokane, WA.
    What is the asking price?
    The asking price for this property is $795,000.
    What are key features of this property?
    This property features: - AirBnB unit included for potential income.; - Double lot provides ample outdoor space.; - Good location in growing West Central Neighborhood.
    (509) 209-7455
    Request Owner's contact information
    2623 W Maxwell Ave Spokane, WA 99201
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2623 W Maxwell Ave Spokane, WA 99201
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