Map of Property

Lincoln Apartments

For Sale

1414 N Lincoln St, Spokane, WA 99201

This Spokane property for sale is located at 1414 N Lincoln St. The general use of Lincoln Apartments is multi-family and it incorporates 7,615 square feet of class A multi-family space. The current listed sale price for Lincoln Apartments is $799,950. Lincoln Apartments is situated on a lot that is 0.16 acre in size.

Contacts

Jordan Lester, CCIM, MBA

SVN | Cornerstone

Property Details

  • Property Type Multi-Family
  • Property Size 7,615 SF
  • Units 9
  • Lot Size 0.16 Acre
  • Building Class A
  • Year Built 1905
  • Date Updated Oct 6, 2026
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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Highlights

  • 100% Occupied: All units are currently rented and professionally managed, providing strong in place performance
  • Additional Land Available: Adjacent 0.16 acre parcel zoned RHD 55 is also available for purchase
  • Turnkey Investment: Recent capital improvements reduce near term capital needs for new ownership
  • 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

Attachments

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Location

  • City Spokane, WA
  • Neighborhood Emerson - Garfield
  • Zip Code 99201
  • Market Spokane

Points of Interest

  • 76

    0.51 miles

  • Texaco

    0.63 miles

  • Conoco

    0.64 miles

  • Nomnom

    0.70 miles

  • Safeway Fuel Station

    0.81 miles

  • Maverik

    0.83 miles

  • Bong's

    0.87 miles

  • Pacific Pride

    1.05 miles

  • Chevron

    1.18 miles

  • ChargePoint

    2.07 miles

  • Washington Lot

    0.52 miles

  • Parkrite

    0.80 miles

  • Parkade

    0.86 miles

  • Diamond Parking

    0.93 miles

  • City Ramp Garage

    0.99 miles

  • Green 1

    0.99 miles

  • Davenport Hotel Parking Garage

    1.00 miles

  • Boone Avenue Retail Center (BARC)

    1.30 miles

  • The Centennial

    0.61 miles

  • Holiday Inn Express Spokane Downtown

    0.72 miles

  • Oxford Suites Downtown Spokane

    0.77 miles

  • Spokane Club Inn

    0.83 miles

  • DoubleTree by Hilton Hotel Spokane City Center

    0.83 miles

  • The Davenport Grand, Autograph Collection

    0.84 miles

  • Ruby River Hotel

    0.85 miles

  • Lang's on Howard

    0.86 miles

  • Riverfront Park Travel Apartments

    0.87 miles

  • Courtyard Spokane Downtown at the Convention Center

    0.91 miles

  • The Flour Mill

    0.43 miles

  • Logan Square

    0.60 miles

  • Nordstrom

    0.77 miles

  • River Park Square

    0.77 miles

  • Safeway

    0.87 miles

  • Main Market Coop

    0.96 miles

  • Yoke's Fresh Marketplace

    1.17 miles

  • Rosauers

    1.35 miles

  • Grocery Outlet

    1.35 miles

  • Asian World

    1.43 miles

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