#202515275, Ryan Towner, Listing office: LT Real Estate
Property details
About 901 S Lincoln St
Located just minutes from I-90 and downtown Spokane, this well-maintained 11-unit apartment building offers a strong mix of units and reliable income in a highly accessible location. The property features seven one-bedroom units, two two-bedroom units, one three-bedroom unit, and one studio, with a total monthly rental income of $11,127. Recent unit updates have enhanced the appeal of this classic building, offering tenants a comfortable and modern living experience. Each unit benefits from thoughtful upgrades and functional layouts, while the on-site laundry facilities add convenience. A large private parking lot provides ample off-street parking—an added bonus in this central location. With steady cash flow, proximity to downtown amenities, and easy freeway access, this property is a great opportunity for investors seeking a stabilized asset with long-term upside.
Highlights
Summary
- Basement: Yes
- Parking: Off Site, See Remarks
- Heating: Electric, Baseboard
- List Price: $1,322,785
- Price/SqFt: $196
- Annual Tax Amount: $9,579
- Tax Year: 2024
- Year Built: 1890
- Stories: 2
- Living Area: 6,740 SqFt
- Lot Size: 0.53 Acres
- MLS Number: 202515272
- MLS Name: SARMLS
- Office Name: LT Real Estate
- Office Email: ryan@ltrealestateco.com
- Listing Agent: Ryan Towner
Listings courtesy of Spokane Association of REALTORS® MLS as distributed by MLS GRID.
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Price information
Property sales
Date | Event | Price |
---|---|---|
Dec 18, 2003 | Home Sold | $228,000 |
Nov 25, 2002 | Home Sold | $575,000 |
Mar 18, 2002 | Home Sold | $151,000 |
Aug 18, 1999 | Home Sold | $58,840 |
Mar 14, 1997 | Home Sold | $160,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $981,200 | $9,579 |
2023 | $665,200 | $7,768 |
2022 | $665,200 | $7,768 |
2021 | $659,400 | $7,828 |
2020 | $384,350 | $4,740 |
2018 | $360,950 | $4,401 |
2017 | $365,250 | $5,017 |
History based on county public records data.
Nearby schools
5
Roosevelt Elementary School
Public District PK-5
0.6 mi
•333 W 14th Ave
9
Wilson Elementary School
Public District KG-5
1.1 mi
•911 W 25th Ave
2
Grant Elementary School
Public District PK-5
1.6 mi
•1300 E 9th 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 $21,360. Typical income of Spokane, WA residents is less than $<35k annually. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.
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Frequently asked questions
About 901 S Lincoln St
The listing price of 901 S Lincoln St property is $1,322,785.
The property 901 S Lincoln St is a multi located in Spokane, Washington, 99204.
Active Listing: 901 S Lincoln St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 901 S Lincoln St are: Roosevelt Elementary School (GreatSchools Rating 5/10), Wilson Elementary School (GreatSchools Rating 9/10), Grant Elementary School (GreatSchools Rating 2/10), Yasuhara Middle School (GreatSchools Rating 1/10), Sacajawea Middle School (GreatSchools Rating 7/10), Spokane Public Montessori (GreatSchools Rating 6/10), Lewis & Clark High School (GreatSchools Rating 7/10), Bryant Center (GreatSchools Rating 8/10), Pride Preparatory School (GreatSchools Rating 7/10).
According to the records, the last property tax for 2024 is $9,579 (source: MLS/based on county public records data).
The last sale was on December 18, 2003 for $228,000 (source: MLS/tax record).
The property 901 S Lincoln St is 6,740 SqFt (source: MLS/tax record).
The year of construction for 901 S Lincoln St is 1890.
This home is located at 901 S Lincoln St in Spokane, WA and zip code 99204 in the Cliff / Cannon neighborhood. This 6,740 square foot home, which was built in 1890, sits on a 0.53 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since April 18, 2025 and is currently priced at $1,322,785.
In June 2025, from all listings sold in Spokane, WA there were more than 120 sold above asking price, over 118 sold below and more than 113 were sold right at the asked price. The number of listings in Spokane, WA increased by 10.8% between May and June 2025. The median list price of listings available in June 2025 was $409,925, while the average time on the real estate market was 23 days.