Maxwell Apartments

For Sale

1101 W Maxwell Ave, Spokane, WA 99201

This Spokane property for sale is located at 1101 W Maxwell Ave. The current listed sale price for Maxwell Apartments is $595,000. Maxwell Apartments is situated on a lot that is 0.16 acre in size.

Contacts

broker
Jordan Lester, CCIM, MBA

SVN | Cornerstone

Property Details

  • Property Type Multi-Family
  • Property Size 5,183 SF
  • Units 9
  • Lot Size 0.16 Acre
  • Year Built 1897
  • Date Updated Jun 2, 2025
SVN Cornerstone is pleased to present the Maxwell Apartments for sale - a value-add nine-unit apartment building in the West Central neighborhood of Spokane. The property includes six 1 bedroom 1 bathroom units, three studio units, and two storage sheds.
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Highlights

  • Attractive Pricing - Priced at $66,111 per unit, significantly below comparable sales, offering immediate equity potential
  • Value-Add Potential - Select units updated with new flooring and fresh paint; strong upside remains through further renovations including new cabinets, countertops, appliances, in-unit laundry, windows, and doors
  • Updated Mechanical Systems - Brand new heat boiler ensures efficient heating and tenant comfort
  • Historic Charm - Features timeless architectural charm, enhancing tenant appeal and marketability
  • Redevelopment Opportunity - R2 zoning allows for redevelopment of site with no maximum number of units provided all other development requirements are met

Getting around

  • 76/100

    Walk Score ®

  • 52/100

    Transit Score ®

  • 64/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Spokane, WA
  • Neighborhood West Central Spokane
  • Zip Code 99201
  • Market Spokane

Points of Interest

  • Texaco

    0.46 miles

  • Conoco

    0.48 miles

  • 76

    0.49 miles

  • Safeway Fuel Station

    0.69 miles

  • Bong's

    0.71 miles

  • Nomnom

    0.86 miles

  • Maverik

    0.96 miles

  • ChargePoint

    2.05 miles

  • Tesla Destination Charger - Hampton Inn Spokane

    3.28 miles

  • Washington Lot

    0.65 miles

  • Parkrite

    0.88 miles

  • Parkade

    0.94 miles

  • Davenport Hotel Parking Garage

    1.04 miles

  • Diamond Parking

    1.04 miles

  • City Ramp Garage

    1.07 miles

  • Boone Avenue Retail Center (BARC)

    1.47 miles

  • The Centennial

    0.75 miles

  • Spokane Club Inn

    0.84 miles

  • Holiday Inn Express Spokane Downtown

    0.88 miles

  • Oxford Suites Downtown Spokane

    0.92 miles

  • Lang's on Howard

    0.92 miles

  • The Davenport Grand, Autograph Collection

    0.94 miles

  • DoubleTree by Hilton Hotel Spokane City Center

    0.96 miles

  • The Davenport Lusso, Autograph Collection

    0.97 miles

  • Riverfront Park Travel Apartments

    0.98 miles

  • The Historic Davenport, Autograph Collection

    1.00 miles

  • The Flour Mill

    0.53 miles

  • Safeway

    0.75 miles

  • Logan Square

    0.77 miles

  • Nordstrom

    0.81 miles

  • River Park Square

    0.83 miles

  • Main Market Coop

    1.09 miles

  • Rosauers

    1.29 miles

  • Yoke's Fresh Marketplace

    1.29 miles

  • Grocery Outlet

    1.32 miles

  • Asian World

    1.50 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Jordan Lester, CCIM, MBA

SVN | Cornerstone

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