3011 E Queen Ave
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
3011 E Queen Ave
8 Unit Apartment Building $499,000 ($62,375/Unit) 9.49% Cap Rate Spokane, WA 99217
Investment Highlights
- Monthly Rental Income of $4,900
- Great Value Add Opportunity
- 6 Studios, (1) 1 Bed & (1) 2 Bed Unit
Executive Summary
• 6 Studios, (1) 1 Bed & (1) 2 Bed Unit
• 7 Units Have Been Updated
• Laundry On Site
• Great Value Add Opportunity
• Monthly Rental Income of $5,775
• Studio Units Have Two Shared bathrooms
• Vinyl Windows & Aluminum Siding
• 7 Units Have Been Updated
• Laundry On Site
• Great Value Add Opportunity
• Monthly Rental Income of $5,775
• Studio Units Have Two Shared bathrooms
• Vinyl Windows & Aluminum Siding
Property Facts
| Price | $499,000 | Building Class | C |
| Price Per Unit | $62,375 | Lot Size | 0.11 AC |
| Sale Type | Investment | Building Size | 4,000 SF |
| Cap Rate | 9.49% | Average Occupancy | 100% |
| No. Units | 8 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1902 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Price | $499,000 |
| Price Per Unit | $62,375 |
| Sale Type | Investment |
| Cap Rate | 9.49% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 4,000 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1902 |
| Opportunity Zone |
Yes |
Unit Amenities
- Microwave
- Ceiling Fans
- Kitchen
- Oven
- Double Pane Windows
Site Amenities
- Fenced Lot
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 6 | - | - |
| 2+1 | 1 | - | - |
| 1+1 | 1 | - | - |
1 of 1
Walk Score ®
Very Walkable (70)
Bike Score ®
Very Bikeable (70)
PROPERTY TAXES
| Parcel Number | 36343.1411 | Improvements Assessment | $365,700 |
| Land Assessment | $40,000 | Total Assessment | $405,700 |
PROPERTY TAXES
Parcel Number
36343.1411
Land Assessment
$40,000
Improvements Assessment
$365,700
Total Assessment
$405,700
1 of 13
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
3011 E Queen Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.