$395,000
Spokane, WA 99217
MLS# 26-4459
4656 sqft
1 / 11
Property Description
Located in Spokane's up and coming Hillyard neighborhood, the Queen Apartments present an affordable multifamily opportunity with significant upside. The units feature new flooring and fresh interior paint, making it easy for an investor to step in, lease the remaining vacant units, and start generating immediate cash flow. With a mix of 1 2bed/1bath unit, 1 1bed/1bath unit, and 6 single room occupancy units, along with a backyard storage shed and a basement that could be converted into a laundry room, this property offers a steady income stream and major upside potential. It is a compelling investment for anyone looking to capture strong returns in a rapidly improving area.
Details
Maps
Documents
Contract Information
Status: Active
Listing Type: Multi Family
Area: 02 - Post Falls
Neighborhood Grid #: 300
Begin Date: 2026-05-05
List Price: $395,000
Short Sale: No
REO: No
General Property Description
Realtor.COM Type: Multi-Family
Number of Units: 8
Building Style: Multi Level
Basement: No
Garage Stall: 2 Car
Total SqFt.: 4656
ESTIMATED SqFt Source: Assessor
SqFt Per: Bldg
Year Built: 1902
New Construction: No
Lot Acres: 0.11
Lot Type 1: Duplex/Multi
Legal and Taxes
Legal: HILLYARD S100FT L9 B11
AIN/Tax Bill: 36343.1411
Parcel Number: 36343.1411
School District: Other
Zoning: CC1-DC
Directions: Head north on Crestline St, turn right onto E Queen Ave, and continue past N Market St. The destination is on your right, just before the intersection with N Haven St.
Taxes: 4362
Tax Year: 2025
Taxes Reflect 1: Estimate
Subdivision: Spokane
Remarks
Public Remarks: Located in Spokane's up and coming Hillyard neighborhood, the Queen Apartments present an affordable multifamily opportunity with significant upside. The units feature new flooring and fresh interior paint, making it easy for an investor to step in, lease the remaining vacant units, and start generating immediate cash flow. With a mix of 1 2bed/1bath unit, 1 1bed/1bath unit, and 6 single room occupancy units, along with a backyard storage shed and a basement that could be converted into a laundry room, this property offers a steady income stream and major upside potential. It is a compelling investment for anyone looking to capture strong returns in a rapidly improving area.
Address
Street Number: 3011
Street Direction Pfx: E
Street Name: Queen
Street Suffix: Ave
State/Province: WA
Postal Code: 99217
County: Spokane
Miscellaneous
Sec: 34
Twn: 26 North
Rng: 43
Rng Dir: EWM
Property Subject To
CC&Rs: No
Homeowners Assoc: No
LID: No
Non-Mtg Lien: No
Flood Zone: No
Aircraft Flight Zone: No
Fire Protection Dist: Yes
Showing Instructions
Showing Service Name: Other
Property Features
View: None
Lot Features: Level
Fuel: Electric
Heating: Furnace
Basement: None
Foundation: Concrete
Construction: Frame
Exterior: Vinyl Siding
Roof: Comp Shingle
Road: Paved; Public Maintained Road
Sewer: Public Sewer
Terms Considered: Cash; Conventional
Showing Instructions: Call List Agent
Property Brochure Listing Office: SVN Cornerstone Commercial
Last Updated: May - 05 - 2026
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Monday 15th of June 2026 09:13 AM
