3011 E Queen Ave, Spokane, WA 99217

$395,000 Active MLS® 202621651 Multi Family Home
ActiveMLS® 202621651
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3011 E Queen Ave, Spokane, WA 99217 photo
Multi Family Home
MLS® 202621651
$395,000
3011 E Queen Ave, Spokane, WA 99217
0.11 Acres Built 1902
Description

Exceptional opportunity for organizations seeking supportive, transitional, workforce, recovery, or community-style housing. This versatile 8-unit (11 room) property features a flexible mix of housing options, incl. a private 2-bedroom, 1-bath apartment, a separate 1-bedroom, 1-bath apartment, SRO-style private bedrooms with shared bathroom facilities, and addtl storage with potential for future improvements. Conveniently located on public transit route, property offers easy access to employment centers, healthcare, shopping, and essential community services. The adaptable layout makes it well-suited for nonprofit organizations, recovery treatment providers, workforce housing, vet housing, refugee resettlement organizations, supportive housing providers, or other mission-driven groups seeking flexible residential accommodations. With existing cash flow and addtl upside through lease-up and value-add improvements, this property presents a unique investment opportunity with multiple operational possibilities!

Interior features
  • Additional features Stge Shd
  • Basement description Unfinished
  • Outbuildings Stge Shd
  • Lot dimension 0.11
  • Lot description Level
Exterior features
  • Outbuildings Stge Shd
  • Lot dimension 0.11
  • Lot description Level
  • Roofing materials Composition

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Location