# 1515 W Sharp Ave, Spokane, WA 99201

> **TL;DR:** 19bd/0ba residential multi family, $1,795,000 ($164/sqft), built 1977, 10,944 sqft.
> 2-car garage. Est. $9,600/mo. Listed 13 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,795,000 |
| Price/sqft | $164 |
| Bedrooms | 19 |
| Square Feet | 10,944 |
| Year Built | 1977 |
| Lot Size | 16,553 sqft (0.38 acres) |
| Garage | 2-car |
| Property Type | Residential Multi Family (Other) |
| Status | Active |
| Days on Market | 13 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $9,076 |
| Estimated Insurance | $524 |
| **Total** | **$9,600** |

## Key Amenities

- 2-car garage

## Property Highlights

- Built in 1977
- 0.38 acre lot

## Description

### Agent Description
SVN Cornerstone is pleased to present Sharp Apartments, a 16-unit multifamily investment opportunity in Spokane, WA. Built in 1977, the property features twelve 1-bed/1-bath units (~576 SF) and four 2-bed/1-bath units (~720 SF). 12 units have been renovated, leaving four classic units that offer an immediate ~17% upside in rents upon renovation. All units include in-wall A/C, baseboard heat, dishwashers, and ample closet space. Amenities include onsite laundry and covered rear parking. Offered at $1,900,000 ($118,750/unit | $194/NRSF), the asset delivers a 5.77% in-place cap rate at 100% occupancy. Located in Spokane's West Central neighborhood, the property offers quick access to I-90 and US-2/Division St, and is minutes from Downtown Spokane, the Spokane County Courthouse campus, Spokane Arena, and Riverfront Park--driving strong long-term tenant demand and stabilit

## Location

- **Address:** 1515 W Sharp Ave, Spokane, WA 99201
- **County:** Spokane
- **Coordinates:** 47.668633, -117.43458
- **Google Maps:** https://www.google.com/maps?q=47.668633,-117.43458

## Listing Agent

- **Name:** Jordan Lester · **License:** 1271842
- **Brokerage:** SVN Cornerstone Commercial
- **Broker Phone:** 5093212000
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/1515-W-Sharp-Ave_Spokane_WA_99201_M24772-03929?f=listhub&s=CDAARID-26&m=10283&c=propsimple)

## Photos

![1515 W Sharp Ave - Photo 1](http://lh.rdcpix.com/2427bc856e933dbabbb8fc5724ed2064l-f1863615665r.jpg)

![1515 W Sharp Ave - Photo 2](http://lh.rdcpix.com/2427bc856e933dbabbb8fc5724ed2064l-f3168638283r.jpg)

![1515 W Sharp Ave - Photo 3](http://lh.rdcpix.com/2427bc856e933dbabbb8fc5724ed2064l-f115474502r.jpg)

![1515 W Sharp Ave - Photo 4](http://lh.rdcpix.com/2427bc856e933dbabbb8fc5724ed2064l-f837908989r.jpg)

![1515 W Sharp Ave - Photo 5](http://lh.rdcpix.com/2427bc856e933dbabbb8fc5724ed2064l-f2208509231r.jpg)

![1515 W Sharp Ave - Photo 6](http://lh.rdcpix.com/2427bc856e933dbabbb8fc5724ed2064l-f938494944r.jpg)

![1515 W Sharp Ave - Photo 7](http://lh.rdcpix.com/2427bc856e933dbabbb8fc5724ed2064l-f2838601511r.jpg)

---

**MLS#:** 26-10283 | **Updated:** 2026-10-23
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.ai/listing/1515-w-sharp-ave-spokane-wa-99201-0a197f28d90246b2aea4a8623792bf4b)

---

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