2521 E Queen Ave Spokane, WA 99217
MULTI_FAMILY - Ranch, Bungalow - Spokane, WA
- Added:
- Jan 29, 2026
- Days on Market:
- 164
- Last Refresh:
- Jul 12 at 4:06 am
Property Features for 2521 E Queen Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Single Family Residence
- Bedrooms
- 3
- Bathrooms
- 1
- Rooms
- Laundry Room, Bedroom 3, Bathroom 1, Bedroom 2, Bedroom 1, Utility Room
- Parking features
- Offsite
- Interior features
- High Speed Internet
- Fireplace
- 1
- Basement
- Partial, Unfinished
- Appliances
- Free-Standing Range, Dishwasher, Refrigerator, Microwave, Washer, Dryer
- Standard status
- Active
- APN
- 36334.1518
- Size
- 2,030 SF
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2746
Utilities
- Utilities
- Cable Available
- Heating system
- Forced Air, Natural Gas
Building Details
- Year built
- 1910
- Floors in Building
- 1
- Number of units
- 1
- Building materials
- Vinyl Siding, Wood Siding
- Roof type
- Composition
- Architectural style
- Bungalow, Ranch
Listing agent Bryce Crooks (509) 458-4000
Listing office Keller Williams Spokane - Main 534 E Spokane Falls Blvd Suite 300, Spokane, WA (509) 458-4000
Listing date Jan 29, 2026
Copyright © 2026 Spokane Association of REALTORS®. 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.
The basement is open, offering additional storage or room for potential future living space. Outdoors, the backyard is fully fenced and includes a pergola over a patio and a storage shed. A large private covered front porch rounds out the home’s usable exterior space.
Located at 2521 E Queen Ave in Spokane, WA 99217, this property may appeal to buyers seeking a classic bungalow configuration with practical everyday amenities like main-floor laundry and updated kitchen and bath elements. Its fenced yard, covered porch, and flexible basement area can also support a range of residential uses while preserving the character of the original home.
Key Highlights
- 2,030 SF 1910 ranch/bungalow with main‑floor living and 3 bedrooms
- Living room features a wood‑burning fireplace and built‑in bookshelves
- Fully updated kitchen with newer appliances, including dishwasher, microwave, refrigerator, and free‑standing range
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $39.2k | $19.32 |
| − Vacancy | −$2.5k | −$1.24 |
| EGI | $36.7k | $18.08 |
| − OpEx | −$16.5k | −$8.14 |
| NOI | $20.2k | $9.95 |
