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$500,000

2,186 sqft
474 days
Rental|Built 1924
Joey Costello

Joey Costello

Windermere North Spokane

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About This Home

Turnkey Duplex in Spokane Valley’s CV district! This property features 4-bed/2-bath unit one side and a 1-bed/1-bath on the other ideal for owner-occupied investor. Updates include a 50-year roof w/ 25-year workmanship guarantee (transferable), fiber cement siding, paint, gutters, insulation (attic & basement), all-new electrical & panels, updated plumbing, 99% gas efficient furnaces, A/Cs, and water heaters for both sides. In 2021, the 4-bed unit was taken to the studs fully remodeled down. The 4-bed unit has quartz counters throughout, tile backsplash, LVP flooring, new bathroom, soft-close cabinets, a kitchen island, appliances, & cordless blinds. The 1-bed unit has newer flooring, a new shower, fresh paint, and a covered porch. The fenced yard is sectioned yard providing private spaces for each side, fully sprinkled. Oversized lot offers potential to subdivide, build, or add a shop/garage. Separate meters. Leases end 4/30/25. I have qualified tenants lined up to avoid any vacancy. Projected 7.33% CAP Rate

Sale Summary

Sold Price

$500,000

List Price

$500,000

Sale vs List

+0%

Close Date

Aug 1, 2025

Financing

Conventional

Buyer's Agent

McKenzie Bartle

Property Details

Property Type

Rental

Year Built

1924

County

Spokane

Lot Size

0.39 acres

Living Area

2,186 sqft

Price / Sqft

$229

Total Parking

10 spaces

Schools

Elementary: Spokane Valley, Middle: Greenacres

Days to Sell

59 days

MLS #

SAR202517912

Parcel #

55191.1510

Total Building Area

2,186 sqft

MLS Area

A112/085

MLS Class

Rental Income

Listing Terms

FHA, VA Loan, Conventional, Cash

Road Frontage

City Street

Street Direction

S

MLS Status

Sold

Listed On

Jun 2, 2025

Went Pending

Jun 10, 2025

Status Changed

Aug 4, 2025

Last MLS Update

Aug 4, 2025

MLS Branch

178

School Information

Elementary

Spokane Valley

Middle School

Greenacres

Home Features & Details

Architectural Style

Ranch

Construction

Fiber Cement

Structure Type

One Story

Roof

Composition

Basement

FinishedRec/Family AreaLaundryWalk-Out Access

Heating

Natural GasForced Air

Cooling

Central Air

Appliances

Free-Standing RangeGas RangeDishwasherRefrigeratorMicrowaveWasherDryerHard Surface Counters

Interior Features

Kitchen IslandIn-Law Floorplan

Fireplace Features

Masonry

Parking

Workshop in GarageNone

Lot Features

FencingCross FncdSprinkler - AutomaticLevelCorner Lot

Listed By

Steven Kepler

Windermere Liberty Lake

Estimated Monthly Payment

$2,708/mo

Estimated at 6.5% APR, 30-year fixed. For informational purposes only.

Property Highlights

Year Built1924
Square Footage2,186 sqft
Lot Size0.39 acres
Price / Sqft$229
StatusClosed

Location

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