1414 N Lincoln St

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Address: 1414 N Lincoln St, Spokane, WA 99201, USA
Seattle & Northwest + Apartment Buildings
Created date: September 18, 2026
Date last updated: September 18, 2026
Price: $799,950Investment Analyzer NEW!
  • 100% Occupied: All units are currently rented and professionally managed, providing strong in place performance
  • Turnkey Investment: Recent capital improvements reduce near term capital needs for new ownership
  • Additional Land Available: Adjacent 0.16 acre parcel zoned RHD 55 is also available for purchase
  • Utility Expense Reduction: Ownership currently pays all utilities, creating an opportunity for a new owner to separately meter gas and electricity and implement a RUBS program to recover water, sewer, and garbage expenses
  • Value Add Opportunity: Upside potential through rent increases, unit renovations to support additional rental growth, and acquisition of the adjacent land

Property 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.
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Broker Details

Jordan Lester, CCIM, MBA
Jordan Lester, CCIM, MBA

SVN | Cornerstone 509-321-2000 MLS ID: 13291 State License Number: 1271842

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $799,950
No. of Units: 9
Year Built: 1905
Lot Size: 0.16 Acres
Opportunity Zone: No
Price per unit: $88,883
Property Website Click Here
Address: 1414 N Lincoln St, Spokane, WA 99201, USA
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