Map of Property

The Elm

1905 W 2nd Ave, Spokane, WA 99201

  • For Sale $2,250,000
  • 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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Contacts

broker
Max Frame Is this you?

Kidder Mathews

Location

Getting Around

  • Walk Score ®

    86/100 Very Walkable

  • Transit Score ®

    56/100 Good Transit

  • Bike Score ®

    73/100 Very Bikeable
Powered by Walk Score ®
  • 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

  • El Que

    0.08 miles

  • Lucky You Lounge

    0.09 miles

  • The Elk Public House

    0.09 miles

  • Italia Trattoria

    0.09 miles

  • Browne’s Bistro

    0.12 miles

  • Ming Wah

    0.19 miles

  • Frank's Diner

    0.28 miles

  • Pizza Hut

    0.31 miles

  • Subway

    0.32 miles

  • Jenny's Diner

    0.34 miles

  • TEC at Bryant

    0.80 miles

  • Lumen High School

    0.86 miles

  • Lewis and Clark High School

    0.99 miles

  • Holmes Elementary School

    1.14 miles

  • Bancroft School

    1.36 miles

  • Roosevelt Elementary School

    1.39 miles

  • Dynamic Christian Academy

    1.40 miles

  • Cataldo Catholic School

    1.46 miles

  • Spokane Public Montessori

    1.58 miles

  • WSU Health Sciences Spokane Campus

    1.58 miles

  • GLOW Children Early Learning Center

    0.85 miles

  • Head Start

    0.99 miles

  • Kids First Children's Center

    1.51 miles

  • Journey Discovery Center

    1.53 miles

  • Crayon College

    2.07 miles

  • Little Rascals Children's Center

    2.22 miles

  • Giggling Guest Child Care Center

    2.67 miles

  • Logan / Lidgerwood Head Start

    3.36 miles

  • Where Little People Grow

    3.67 miles

  • Planet Kids Childcare Center

    3.71 miles

Frequently Asked Questions

How much does The Elm cost?

The space currently listed for sale at The Elm asks for $2,250,000.

What is the total square footage of The Elm?

The Elm totals 13,335 square feet.

When was this property built?

The Elm was built in 1907.

Looking for more in-depth information on this property?

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Contact Listing Broker
broker
Max Frame Is this you?

Kidder Mathews

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