The Elm

For Sale

1905 W 2nd Ave, Spokane, WA 99201

This Spokane property for sale is located at 1905 W 2nd Ave. The current listed sale price for The Elm is $2,250,000. The Elm is situated on a lot that is 0.31 acre in size.

Contacts

broker
Max Frame

Kidder Mathews

Property Details

  • Property Type Multi-Family
  • Property Size 13,335 SF
  • Units 21
  • Lot Size 0.31 Acre
  • Year Built 1907
  • Date Updated Jun 24, 2025

This well-maintained property features large floorplans with dens and bonus rooms, offering a 17% rent upside as-is and up to 29% with renovations. Located in one of Spokane’s most desirable neighborhoods, it provides ample on-site parking and is within walking distance to multiple bus stops. Buyers also have the rare opportunity to acquire a 56-unit portfolio by including the neighboring Oak and Espanola Annex properties.

Price/Unit $107,142.86

Average Unit SF 635

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Getting around

  • 86/100

    Walk Score ®

  • 56/100

    Transit Score ®

  • 73/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Spokane, WA
  • Neighborhood Brownes Addition
  • Zip Code 99201
  • Market Spokane

Points of Interest

  • Conoco

    0.21 miles

  • Chevron

    0.25 miles

  • 76

    0.25 miles

  • Sunset Food Mart

    0.61 miles

  • Nomnom

    0.63 miles

  • Bong's

    0.97 miles

  • Tesla Destination Charger - Hampton Inn Spokane

    2.09 miles

  • ChargePoint

    3.28 miles

  • Jefferson Park and Ride

    0.42 miles

  • M Lot

    0.57 miles

  • Davenport Hotel Parking Garage

    0.78 miles

  • Parkade

    0.99 miles

  • City Ramp Garage

    1.01 miles

  • Parkrite

    1.01 miles

  • Diamond Parking

    1.02 miles

  • Boone Avenue Retail Center (BARC)

    2.23 miles

  • Tiki Lodge Spokane

    0.35 miles

  • Otis Hotel

    0.58 miles

  • The Montvale Hotel

    0.65 miles

  • West Wynn Motel

    0.66 miles

  • Spokane Club Inn

    0.70 miles

  • Baymont

    0.71 miles

  • Hotel Ruby

    0.72 miles

  • The Historic Davenport, Autograph Collection

    0.77 miles

  • Boulevard Motel

    0.80 miles

  • The Davenport Lusso, Autograph Collection

    0.80 miles

  • Rosauers

    0.05 miles

  • Grocery Outlet

    0.20 miles

  • Huckleberry's Natural Market

    0.80 miles

  • Nordstrom

    0.83 miles

  • River Park Square

    0.89 miles

  • The Flour Mill

    1.14 miles

  • Main Market Coop

    1.34 miles

  • Logan Square

    1.81 miles

  • Safeway

    1.83 miles

  • Yoke's Fresh Marketplace

    2.49 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
Max Frame

Kidder Mathews

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