Search
9-Unit Apartment Building
New
For Sale
$799,950

1414 N Lincoln St, Spokane, WA 99201

MultiFamily, Multi Level, Spokane, WA

Property Size7,615 SF
Lot Size0.16 Acres
Price / SF$105.05
Days on Market6

Property Features for 1414 N Lincoln St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning RHD-55
Bedrooms 9
Full bathrooms 9
Rooms Bedroom 7, Bedroom 8, Bathroom 8, Bathroom 4, Bathroom 9, Bathroom 6, Bathroom 2, Bedroom 3, Bedroom 6, Bedroom 2, Bedroom 9, Bathroom 1, Bathroom 3, Bedroom 4, Bedroom 1, Bathroom 7, Bedroom 5, Bathroom 5
Lot features Level
Directions Head north from downtown Spokane on N Monroe St, turn right onto W Sharp Ave, and take an immediate left onto N Lincoln St
Subdivision Washington Counties
Standard status Active
APN 35182.0709
Size 7,615 SF
Lot size 0.16 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description STRATTONS ADD L9 B23
Tax Annual Amount 6932
Legal Description STRATTONS ADD L9 B23

Utilities

Sewer type Public Sewer
Heating system Electric (Heating)
Water source Public

Amenities

on-site laundry facilities

Building Details

Year built 1905
Number of units 9
Building materials Concrete, Brick
Roof type Concrete
Architectural style Other
Listing Agency: SVN Cornerstone Commercial
Listed By: Jordan Lester · License #1271842
Added: Sep 18 Last Checked: Sep 23 at 6:06AM
MLS# 26-9520

Copyright © 2026 Coeur d'Alene Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 9-unit apartment property includes seven 1-bedroom/1-bath units, one 2-bedroom/1-bath unit, and one studio. The 7,615-square-foot building was constructed in 1905 and includes shared laundry facilities. Concrete and brick construction is paired with electric heating, a concrete roof, public water, and public sewer.

Building improvements include a roof replacement completed in July 2020, expanded electrical capacity through installation of a second electrical panel, and removal of knob-and-tube wiring from three second-floor units. A new boiler was installed in January 2026. The units are currently rented and professionally managed. The property is located at 1414 N Lincoln St in Spokane, Washington, and an adjacent 0.16-acre parcel zoned RHD-55 is also available for purchase.

Key Highlights

  • 9 units with a mix of seven 1‑bedroom/1‑bath units, one 2‑bedroom/1‑bath unit, and one studio
  • 7,615 square feet on a 0.16‑acre adjacent parcel also available for purchase
  • Roof replaced in July 2020

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Quality Affordable Auto ... Financial Advisor

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Pet Grooming Service Carpet & Flooring Store Storage Facility Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

9
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

2,314
Businesses Nearby

Demographics for 99201, WA

15,716
Population
8,842
Households
1.8
Avg Household Size
39
Median Age
34%
College-Educated
91%
High-School Grad
3.0 sq mi
ZIP Area
5,239
Density / Sq Mi
$35,286
Median Household Income
$36,599
Median Earnings
$883
Median Rent
$259,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Multifamily property with varied unit layouts, shared laundry, and recent building-system improvements.
Where is this apartment building located?
The property is located at 1414 N Lincoln St Spokane, WA.
What is the asking price?
The asking price for this property is $799,950.
What are key features of this property?
This property features: 9 units with a mix of seven 1‑bedroom/1‑bath units, one 2‑bedroom/1‑bath unit, and one studio; 7,615 square feet on a 0.16‑acre adjacent parcel also available for purchase; Roof replaced in July 2020
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message