Fire-Damaged Apartment
New
For Sale
$469,900
520 S Elm St, Spokane, WA 99201
Land, Spokane, WA
Property Size6,500 SF
Lot Size0.05 Acres
Price / SF$72.29
Days on Market3
Property Features for 520 S Elm St
General Information
Property type
Land
Property subtype
Other
Zoning
DTG
Lot features
Fenced Yard, Open Lot
View
City
Elementary school
Roosevelt
Middle school
Sacajawea
High school
Lewis & Clark
Elementary school district
Spokane Valley
Directions
Use GPS
Standard status
Active
APN
25241.4715
Lot size
0.05 Acres
Utilities
Utilities
Water Available
Listing Agency:
Kelly Right Real Estate of Spokane
(509) 489-7000
Listed By:
Alena Kanifolsky
(509) 489-7000
Added: Aug 24
Changed: Aug 25
Last Checked: Aug 26 at 10:06AM
MLS# 202623080
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.
This apartment property combines an existing fiveplex with three assembled parcels totaling 13,336 sq ft. The building contains approximately 6,500 square feet of living area and has fire-related damage affecting each level differently: the top floor has moderate damage concentrated near the roof, the middle floor is reduced to a bare shell, and the lower floor remains livable with minor repairs needed.
Existing utility infrastructure includes overhead power, a 1 inch water line, and a 6 inch concrete sewer conduit stub. The current infrastructure is described as supporting up to 12 units, with capacity potentially extending to 24 units. DTG zoning accommodates residential, office, retail, warehouse, and other mixed-use formats, while the property also includes additional development land.
Existing utility infrastructure includes overhead power, a 1 inch water line, and a 6 inch concrete sewer conduit stub. The current infrastructure is described as supporting up to 12 units, with capacity potentially extending to 24 units. DTG zoning accommodates residential, office, retail, warehouse, and other mixed-use formats, while the property also includes additional development land.
Key Highlights
- Three assembled parcels totaling 13,336 sq ft
- Existing fiveplex with approximately 6,500 square feet of living area
- DTG zoning supports residential, office, retail, warehouse, and mixed‑use formats
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,114
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - DTG zoning supports residential, office, retail, warehouse, and other mixed-use development.
Where is this apartment building located?
The property is located at 520 S Elm St Spokane, WA.
What is the asking price?
The asking price for this property is $469,900.
What are key features of this property?
This property features: Three assembled parcels totaling 13,336 sq ft; Existing fiveplex with approximately 6,500 square feet of living area; DTG zoning supports residential, office, retail, warehouse, and mixed‑use formats
