About This Home

This 9-bedroom, 0-bathroom residential multi family at 1414 N Lincoln St in Spokane, WA is listed for $799,950 ($105 per sqft). Built in 1905, the home offers 7,615 sqft of living space on a 0.16 acres lot.

Key Features

  • Built in 1905
  • 0.16 acre lot

Property Details

9 full
1905
Listing Description

SVN Cornerstone is pleased to present the Lincoln Apartments for sale, located at 1414 N Lincoln St in Spokane's Emerson Garfield neighborhood. The property consists of 9 units, including 1 2bed/1bath unit, 7 1bed/1bath units, and 1 studio, along with common laundry facilities for tenants.

Recent capital improvements include doubling the building's electrical capacity with the addition of a second electrical panel, removing knob and tube wiring from 3 second floor units, replacing the roof in July of 2020, and installing a new boiler in January 2026.

Highilights All units are currently rented and professionally managed, providing strong in place performance Recent capital improvements reduce near term capital needs for new ownership Adjacent 0.16 acre parcel zoned RHD 55 is also available for purchase Utility Expense Reduction Upside potential through rent increases, unit renovations to support additional rental growth, and acquisition of the adjacent land

Monthly Cost Estimate

$4,278/mo

20% down · 6.5% · 30 years

Principal$579
Interest$3,466
Insurance$233

Estimates only. Actual payments may vary.

Location

1414 N Lincoln St

Spokane, WA 99201

Property Details

Construction

Concrete Brick

Heating

Electric (Heating)

Questions & Answers

This 9-bedroom, 0-bathroom residential multi family at 1414 N Lincoln St is listed at $799,950 ($105/sqft). The estimated monthly payment is $4,278 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1905, 0.16 acre lot.

This property is listed by Jordan Lester.

JL

Jordan Lester

License 1271842

Agent at SVN Cornerstone Commercial

Listed by SVN Cornerstone Commercial · Broker phone: 5093212000 · View on Broker Site

MLS# 26-9520· Source: Coeur d'Alene Multiple Listing Service· 41 days on PropertySimple

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.

1414 N Lincoln St, Spokane, WA 99201

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