- Status:
- Active
- MLS #:
- 26-10811
- Listed By:
- Jordan Lester - SVN Cornerstone Commercial
- Agent Phone:
- (509) 496-6922
- Agent Email:
- jordan.lester@svn.com
Sponsoring Broker: Christine Eisenberg, Continental Real Estate Group, Inc
SVN Cornerstone is pleased to present the Madison and Sharp 40 Unit Multifamily Land and Duplexes for sale, located at 1232 N Madison St and 1009 W Sharp Ave in Spokane's West Central neighborhood. The offering consists of two parcels. The first, 1009 W Sharp Ave, is a 0.33 acre parcel zoned R2 with completed building plans for a proposed 40 unit apartment development consisting of two 4 story buildings with 20 units each. The development includes 38 1bed/1bath units and 2 studios, along with a courtyard, picnic area, community garden, bicycle parking, and two common laundry rooms. The second parcel, 1232 N Madison St, features two fully renovated duplexes that underwent complete remodels down to the studs in 2020 and generate strong rental income. The properties are being offered together but may be purchased separately. The parcels are packaged together for $1,375,000.
Highlights
- Land
- Unimproved Land
- 0.33 Acre Lot
- 151 days on Market
-
- Parking Features
- Paved
-
- Acres
- 0.33
-
- Lot Features
- Level
-
- View
- None
-
- Utilities
- Electricity Available
-
- Water
- Public
-
- Area
- Washington Counties
-
- County
- Spokane
-
- City
- Spokane
-
- Neighborhood
- Spokane
-
- Zip Code
- 99201
-
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Price History
| 06/10/2026 | Listed | $500,000 |
| Source: Coeur d''Alene Multiple Listing Service #26-10811 | ||
Source: MLS Data
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There are currently 1303 properties available in Spokane, with 16 under contract to close soon. Properties in the city have an average sale price of $432,380 and typically spend 67 days on the market before being sold.
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Source: ez Home Search, MLS Data
Frequently Asked Questions
How do I schedule a tour of 1009 Sharp?
We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 1009 Sharp.
They know lands in the area well and can give you the guidance you need to buy with confidence.
How do I get more information about 1009 Sharp?
Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $500,000. We can talk through recent upgrades, potential seller motivation, how this unimproved land compares to others in Spokane, and can even get you in to see the property quickly.
How much is the monthly mortgage payment for 1009 Sharp?
With a 20% down payment and a 30-year fixed loan at an illustrative 6.75% rate, the ez Mortgage Calculator estimates the monthly payment for 1009 Sharp at around $9,244. This includes estimated property taxes and insurance.
Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.
How do I get pre-approved to buy 1009 Sharp?
Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.
Or, let us connect you with our preferred local lender in Spokane County. They will give you all of your available financing options, based on your specific situation and what is available to you.
Can I negotiate the asking price for 1009 Sharp?
In most cases, yes. Whether 1009 Sharp is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Spokane's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.
How do I make an offer on 1009 Sharp?
We can handle that for you. Our preferred local agent specializes in lands in Spokane and can guide you through every step of the offer process.
You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.
How long has this property been on the market?
1009 Sharp was listed on June 10, 2026, which means it's been on the market for 151 days.
Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.
What is the lot size of this property?
1009 Sharp sits on a 0.33-acre lot, which is 14,375 square feet.
What are the property taxes for 1009 Sharp?
The most recent public record shows annual property taxes for 1009 Sharp were approximately $78,400. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.
Is 1009 Sharp still available for sale?
Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.
Source: ez Home Search, MLS Data
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Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Coeur d''Alene Multiple Listing Service. All rights reserved.
Last Updated: November 08, 2026 at 08:04AM | Source: Coeur d''Alene Multiple Listing Service | MLS#: 26-10811
