$395,000
Spokane, WA 99217
MLS# 26-4459
4656 sqft
1 / 11
Property Description
Located in Spokane's up and coming Hillyard neighborhood, the Queen Apartments present an affordable multifamily opportunity with significant upside. The units feature new flooring and fresh interior paint, making it easy for an investor to step in, lease the remaining vacant units, and start generating immediate cash flow. With a mix of 1 2bed/1bath unit, 1 1bed/1bath unit, and 6 single room occupancy units, along with a backyard storage shed and a basement that could be converted into a laundry room, this property offers a steady income stream and major upside potential. It is a compelling investment for anyone looking to capture strong returns in a rapidly improving area.
Details
Maps
Documents
Contract Information
Neighborhood Grid #: 300
Short Sale: No
REO: No
Status: Active
Listing Type: Multi Family
Area: 02 - Post Falls
Begin Date: 2026-05-05
List Price: $395,000
General Property Description
Building Style: Multi Level
Realtor.COM Type: Multi-Family
Lot Acres: 0.11
Basement: No
Lot Type 1: Duplex/Multi
Total SqFt.: 4656
New Construction: No
ESTIMATED SqFt Source: Assessor
Garage Stall: 2 Car
SqFt Per: Bldg
Number of Units: 8
Year Built: 1902
Legal and Taxes
AIN/Tax Bill: 36343.1411
Taxes: 4362
Zoning: CC1-DC
Tax Year: 2025
Taxes Reflect 1: Estimate
Legal: HILLYARD S100FT L9 B11
Parcel Number: 36343.1411
School District: Other
Directions: Head north on Crestline St, turn right onto E Queen Ave, and continue past N Market St. The destination is on your right, just before the intersection with N Haven St.
Subdivision: Spokane
Remarks
Public Remarks: Located in Spokane's up and coming Hillyard neighborhood, the Queen Apartments present an affordable multifamily opportunity with significant upside. The units feature new flooring and fresh interior paint, making it easy for an investor to step in, lease the remaining vacant units, and start generating immediate cash flow. With a mix of 1 2bed/1bath unit, 1 1bed/1bath unit, and 6 single room occupancy units, along with a backyard storage shed and a basement that could be converted into a laundry room, this property offers a steady income stream and major upside potential. It is a compelling investment for anyone looking to capture strong returns in a rapidly improving area.
Miscellaneous
Sec: 34
Rng: 43
Rng Dir: EWM
Twn: 26 North
Property Subject To
CC&Rs: No
Homeowners Assoc: No
Non-Mtg Lien: No
LID: No
Flood Zone: No
Aircraft Flight Zone: No
Fire Protection Dist: Yes
View
None: 1
Lot Features
Level: 1
Terms Considered
Cash: 1
Conventional: 1
Road
Paved: 1
Public Maintained Road: 1
Showing Instructions
Call List Agent: 1
Showing Service Name: Other
Water
City: 1
Sewer
Public Sewer: 1
Fuel
Electric: 1
Heating
Furnace: 1
Basement
None: 1
Foundation
Concrete: 1
Construction
Frame: 1
Exterior
Vinyl Siding: 1
Roof
Comp Shingle: 1
Address
Street Number: 3011
Street Direction Pfx: E
Street Name: Queen
Street Suffix: Ave
State/Province: WA
Postal Code: 99217
County: Spokane
Property Features
View: None
Lot Features: Level
Fuel: Electric
Heating: Furnace
Basement: None
Foundation: Concrete
Construction: Frame
Exterior: Vinyl Siding
Roof: Comp Shingle
Road: Paved; Public Maintained Road
Sewer: Public Sewer
Terms Considered: Cash; Conventional
Showing Instructions: Call List Agent
Property Brochure 
Listing Office: SVN Cornerstone Commercial
Last Updated: May - 05 - 2026
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