MLS #2339949 / Listing provided by NWMLS & Keller Williams Realty Bothell.
$2,100,000
4822 N Nelson Street
Spokane,
WA
99217
Year Built
This 21-unit complex at 2824 E Wabash Ave and 4822 N Nelson St in Spokane offers an excellent investment opportunity. Priced at $2.1M, it’s well below market value, creating immediate equity potential. Comparable properties in the area have sold for $140,000–$175,000 per unit, making this an attractive deal. The complex features updated units with modern flooring, appliances, and fresh paint, while still allowing room for further improvements. With Spokane’s growing economy and rental demand, a new owner can enhance operations, raise rents, and increase NOI. This is a rare chance for significant upside in a thriving market.
Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.
Bedrooms
- Upper Level Bedrooms: 0
- Possible Bedrooms: 0
Fireplaces
- Total Fireplaces: 0
Heating & Cooling
- Heating: Yes
- Cooling: No
Parking
- Parking Total: 42
- Uncovered Parking Spaces: 42
- Open Parking Spaces: 42
Structure
- Roof: Composition
- Exterior Features: Metal/Vinyl, Wood Products
- Foundation: Poured Concrete
Lot Details
- Acres: 0.4821
- Foundation: Poured Concrete
Schools
- High School District: Spokane
Lot Details
- Acres: 0.4821
- Foundation: Poured Concrete
Power
- Energy Source: Electric
Water, Sewer, and Garbage
- Sewer: Sewer Connected
- Water Source: Public
- Water, Sewer, and Garbage: 31538

Stacey Tull
Broker | REALTOR®
Send Stacey Tull an email