$10,000 Closing Credit¹
#202512911, Kirk Holding, Listing Office: Realty Northwest
$1,200,000 List price
1414 N Lincoln St Spokane, WA 99201
$10,000
Closing credit¹
0.2 acres
Multi-Family
Property details
About 1414 N Lincoln St
Seize this rare opportunity to own a fully leased multi-unit commercial property in the bustling core of Spokane! This 9-unit investment offers a diverse range of spaces, from 450 sq ft to 800 sq ft, catering to a variety of tenants. Located on a high-traffic bus route, this property enjoys excellent visibility and accessibility, making it a desirable location for business and ensuring strong tenant retention. With all units currently occupied, this turn-key investment delivers immediate cash flow and long-term stability. With the High-Density zoning, there's plenty of opportunity to add more units to this lot as well! Current Gross Rents Monthly are at $10,200 as of March 2025. Don't miss out on this prime commercial asset-schedule a private showing today!
Highlights
Home typeMulti Family
HeatingGas, Electric
StatusActive
BasementYes
Lot size0.16 Acres
Year built1905
ParkingOff Site, See Remarks
MLS #202513326
Summary
- MLS Number: 202513326
- MLS Name: SARMLS
- Office Name: Amplify Real Estate Services
- Office Phone: (509) 481-0355
- Listing Agent: Robert Sherwood
Listings courtesy of Spokane Association of REALTORS® MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
The data relating to real estate for sale on this web site comes in part from the Spokane Association of REALTORS®. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the SARMLS. Real estate listings held by other brokerage firms are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Copyright 2025 Spokane Association of REALTORS® MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/9/2025, 2:55:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$1,200,000
1414 N Lincoln St
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jan 08, 2024 | Home Sold | $824,000 |
| Feb 28, 2006 | Home Sold | $240,000 |
| Jun 21, 2000 | Home Sold | $152,500 |
| Oct 14, 1998 | Home Sold | $199,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $729,500 | $7,124 |
| 2023 | $480,700 | $5,616 |
| 2022 | $480,700 | $5,616 |
| 2021 | $471,400 | $5,599 |
| 2020 | $387,600 | $4,780 |
| 2018 | $332,650 | $4,361 |
| 2017 | $237,650 | $4,624 |
History based on county public records data.
Nearby schools
4
Garfield Elementary School
Public District PK-5
0.6 mi
•222 W Knox Ave
2
Audubon Elementary School
Public District PK-5
1.0 mi
•2020 W Carlisle Ave
2
Holmes Elementary School
Public District PK-5
1.2 mi
•2600 W Sharp Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $23,182. Residents of Spokane, WA typically earn less than $<35k each year. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
73%
<35k
21%
35k-100k
4%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
77%
Single, No Kids
11%
Single, with Kids
6%
Married, No Kids
6%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
3%
12-17 yrs old
32%
18-34 yrs old
34%
35-64 yrs old
18%
65+ yrs old
What do the neighbors do for fun?
UFC
Figure Skating
Pro Wrestling
Where do the neighbors shop?
Family Dollar
Burlington
Express/Express For Men
Where do the neighbors go to eat?
Burger King
Church's Chicken
Cicis Pizza
What do the neighbors drive?
Buick
Cadillac
Pontiac
What do the neighbors listen to?
Urban Contemporary
Jazz
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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This home is located at 1414 N Lincoln St in Spokane, WA and zip code 99201 in the Emerson / Garfield neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since March 17, 2025 and is currently priced at $1,200,000.
Over 89 listings were sold over their listed price in March 2025 in Spokane, WA. In the same period over 84 listings were sold below the listed price and 74 listings were sold for the listed price. In March 2025 in Spokane, WA there were 23% more homes for sale than in February. While the average time on the market in March 2025 was 30 days, the median list price was $407,233.
From Rocket Homes Real Estate and based on county public records data.