See other homes in:
Primary listing photo

3004 N Lincoln St, Spokane, WA, 99205

4beds
3baths
2,488sqft
$400,000
$161price/sqft
$2,639/moest. monthly cost
$105,560/yrincome needed

About This Home

Exceptional opportunity to acquire a fully furnished triplex in desirable North Spokane. This well-maintained asset offers immediate cash flow with all units thoughtfully furnished and equipped - ideal for short-term, mid-term, or traditional rental strategies. Each unit features comfortable layouts, updated interiors, and functional living spaces designed to attract quality tenants. Furnishings include modern decor, essential households items, and appliances, allowing for a seamless, plug-and-play investment. The property benefits from strong rental demand driven by its proximity to major employers, retail corridors, schools, and easy access to downtown Spokane. Ample parking and low-maintenance grounds further enhance tenant appeal and operational efficiency. Whether you're looking to expand your portfolio or secure a low-hassle income property, this North Spokane triplex delivers flexibility, stability, and upside potential.

Getting Around

79
WalkingVery Walkable
43
TransitSome Transit
62
BikeBikeable

Schools

4/10
5/10
North Central High SchoolGrades 6-120.9 mi
3/10

Construction

Condition

  • Year built: 1911

Materials

  • Roof: Composition
  • Construction materials: Wood Siding

Type & Style

  • Home type: MultiFamily

Interior

Basement

  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3

Heating

  • Heating features: Natural Gas

Interior Area

  • Total structure area: 2,488
  • Total interior livable area: 2,488 sqft

Property

Details

  • Parcel number: 35072.1306

Features

  • Levels: Two
  • Stories: 2
  • Has view: Yes
  • View description: City

Lot

  • Lot size: 6,000 sqft
  • Features: Corner Lot

Parking

  • Total spaces: 1
  • Parking features: Detached
  • Attached garage spaces: 1
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Ice Storm
Winter Weather

FEMA Declared Disasters in Spokane County and Washington

Fire
Flood
Mud Landslide
Other
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,022$24,264
Home Insurance *$128$1,536
Property Taxes $319$3,828
Electricity $170$2,042
Total$2,639$31,668
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$90,480/yr
40% on housing$79,170/yr
45% on housing$70,373/yr

Washington FAIR Plan Programs

Washington FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 306Commercial: 55
Total Premiums$858,000
Total Exposure$176.33M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.6%
11.6%
0%30.0%
Electricity Growth Rate10-year average: 3.0%
3.0%
0%15.0%
Property Taxes Growth Rate2-year average: 4.2%
4.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$161This listing

vs Other Active Listings

Avg $/sqft

ZIP 99205$144
Spokane County$195

vs Homes Sold Last Month

Median $/sqft

ZIP 99205$191
Spokane County$205

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-03-25Listed for sale$400,000
2025-12-05Listing removed$1,500
2025-11-20Price change$1,500
2025-11-17Listed for rent$1,800
2019-12-19Sold$310,000
2019-10-11Price change$310,000
2019-09-17Price change$320,000
2019-09-04Listed for sale$335,000
2019-01-15Listing removed$310,000
2018-09-25Price change$310,000
2018-09-04Price change$330,000
2018-05-31Listed for sale$345,000
2017-05-25Sold$160,000
2012-04-18Sold$115,000
2000-11-02Sold$115,000

For Sale by Agent

AgentDevin Mecham
BrokerageNAI Black

Similar Homes