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3011 E Queen Ave
Spokane, WA 99217 Hillyard

$450,000 USD

Apartments For Sale • 4,000 SF

Property Details

Property Type Apartments
Total Building Size 4,000 SF
Lot Size 0.11 AC
Building Class C
Year Built 1902
Zoning CC1

37 Transit Score

56 Walk Score

                
                    Highlights
                
                                Strong 8.34% Cap Rate: Well above the 2025 Spokane County average of 6.41%.
                            
                                Low Price Per Unit: $56,250/unit vs. county average of $124,413/unit.
                            
                                Growth Corridor Location: Hillyard poised for lift with the 2030 North–South Freeway.
                            
                                $150K+ in Upgrades: New shed, interior paint, and LVP flooring.
                            
                                Easy, Low-Maintenance Asset: Single building, single roof, simple operations.

Property Flyers

Queen Apartments Offering Memorandum

Amenities

Laundry Facilities
Microwave
Ceiling Fans
Kitchen
Oven
Double Pane Windows
Public Transportation
Smoke Detector

Public Transportation

Commuter Rail	Drive	Walk	Distance
Spokane (Empire Builder - Amtrak)	14 min	-	5.2 mi
Airport	Drive	Walk	Distance
Spokane International	22 min	-	12.5 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Type:	Surface
Included in Rent:	Yes

Jordan Lester, CCIM, MBA 509-496-6922 SVN | Cornerstone

3011 E Queen Ave Spokane, WA 99217 Hillyard