LISTING DETAILS

3011 E Queen Avenue

3011 E Queen Ave Spokane WA 99217

Listing #: 705370 | Status: Pending | Last Modified: 4/23/2026

Showing Instructions
Call Listing AgentNo
Use DiscretionNo
Investment Information
Investment PropYes
Gross Income0
Vacancy Factor %0.00%
Operating Expenses0
Net Operating Income0
CAP Rate9.50 %
Detail Listing Information
Min Total SF0 SF
Max Total SF0 SF
Lease Rate Low$ 0.00
Lease Rate High$ 0.00
Retail Information
SignageSignage on Building and Freestanding
Building Information
Building StatusExisting
# of Buildings1
# of Floors3
# of Units8
Total Building SF4,301 SF
Net Rentable Area4,301 SF
Total Office SF0 SF
Largest Contiguous SF0 SF
Lot SF5,009 SF
Acres0.12
Year Built1902
Property Type
Property TypeMulti-Family
Location
CountySpokane
Market AreaNorth Spokane City
Tax ID #36343.1411
ZoningX

Queen Apartments

Public Comments

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. -Strong 9.5% Cap Rate: Well above the 2025 Spokane County average of 6.41%. -Low Price Per Unit: $49,375/unit vs. c

3011 E Queen Avenue
3011 E Queen Ave Spokane WA 99217

Listing #: 705370 | Status: Pending | Listing Date: 11/18/2025 | Last Modified: 4/23/2026 | Email Listing

For Sale

3011 E Queen Avenue

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