Spokane Multifamily Investment
1704 N Ash St, Spokane, WA 99205
Value-add 7-unit apartment community with recent capital improvements.
Type:Multifamily
- Added:
- Mar 6, 2026
- Days on Market:
- 77
- Last Refresh:
- Apr 6 at 12:21 am
Property Features for 1704 N Ash St
General Information
- Standard status
- Active
- Property subtype
- Multifamily
Building Details
- Year Built
- 1911
Listing agent Jordan Lester, CCIM, MBA License #WA #21008495 (509) 321-2000
Listing office SVN Cornerstone LLC (509) 321-2000
Listing date Mar 6, 2026
Source Svn
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HighLights
- Value‑add opportunity with potential to increase rents significantly.
- Significant recent capital improvements of $115,000, including new electrical, windows, siding, paint, flooring, and a new furnace.
- Prime location in Spokane's West Central neighborhood, near Downtown Spokane, Gonzaga University, transit, parks, and major employers.
- Immediate cash flow with potential for enhanced long‑term returns.
- Attractive pricing at $78k per unit.
- Walking distance to multiple bus stops for easy access to transportation.
Overview
The Ash Apartments present a 7-unit apartment community located in Spokane’s West Central neighborhood. The property offers immediate cash flow with potential for long-term returns through interior upgrades and operational improvements. The property consists of two 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. The property is positioned for continued income growth through updated interiors and refreshed common areas. Its proximity to Downtown Spokane, Gonzaga University, transit, parks, and major employers supports rental demand, making it an attractive opportunity for investors. The property is centrally located near employers, parks, and schools. There is an opportunity to increase rents. Multiple bus stops are within walking distance.
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Spokane
- County
- Spokane
- State
- Washington
- Longitude
- -117.437
- Latitude
- 47.6733
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Value-add 7-unit apartment community with recent capital improvements.
Where is this apartment building located?
The property is located at 1704 N Ash St Spokane, WA.
What is the asking price?
The asking price for this property is $520,000.
What are key features of this property?
This property features: Value‑add opportunity with potential to increase rents significantly.; Significant recent capital improvements of $115,000, including new electrical, windows, siding, paint, flooring, and a new furnace.; Prime location in Spokane's West Central neighborhood, near Downtown Spokane, Gonzaga University, transit, parks, and major employers.
