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About This Home

This 3-bedroom, 0-bathroom residential multi family at 3011 E Queen Ave in Spokane, WA is listed for $395,000 ($85 per sqft). Built in 1902, the home offers 4,656 sqft of living space on a 0.11 acres lot.

Agent 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.

Key Features

  • Built in 1902
  • 0.11 acre lot

Property Details

2 full
1902

Monthly Cost Estimate

$2,113/mo

20% down · 6.5% · 30 years

Principal$286
Interest$1,712
Insurance$115

Estimates only. Actual payments may vary.

Location

3011 E Queen Ave

Spokane, WA 99217

Property Details

Construction

Vinyl Siding Frame

Heating

Electric (Heating)

Questions & Answers

This 3-bedroom, 0-bathroom residential multi family at 3011 E Queen Ave is listed at $395,000 ($85/sqft). The estimated monthly payment is $1,712 based on 20% down at 6.5% interest.

Key features include: Built in 1902, 0.11 acre lot.

This property is listed by Jordan Lester and can be reached at 5094966922 or jordan.lester@svn.com.

JL

Jordan Lester

Agent at SVN Cornerstone Commercial

(509) 496-6922

Listed by SVN Cornerstone Commercial · View on Broker Site

MLS# 26-4459· Source: listhub· Updated 45 days ago

Copyright © 2026 Coeur d'Alene Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

3011 E Queen Ave, Spokane, WA 99217

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