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$545,000

3,240 sqft
452 days
Rental|Built 1970
Joey Costello

Joey Costello

Windermere North Spokane

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About This Home

This fully rented, two-story, side-by-side duplex offers a functional layout, stable tenancy, and untapped potential for increased income. One unit features 2 bedrooms, 1.5 baths, and approx 1,440 sq ft of living space, while the larger unit offers 4 bedrooms, 2.5 baths, and a generous 1,800 sq ft footprint. Both units include in-unit laundry hookups, private entries, and access to a shared 3-car carport at the rear of the property. The interiors are dated but clean and livable, and current rents are well below market, with term tenants in place, presenting an immediate value-add opportunity. Only the larger unit includes access to a full, partially finished basement, offering additional flex space with potential for future use or improvement. This property is ideal for investors seeking a long-term hold with steady income and room to increase equity through cosmetic updates and strategic rent adjustments.

Sale Summary

Sold Price

$450,000

List Price

$545,000

Sale vs List

-17%

Close Date

Oct 29, 2025

Financing

Other

Buyer's Agent

Jon Ehrlich

Property Details

Property Type

Rental

Year Built

1970

County

Spokane

Lot Size

0.22 acres

Living Area

3,240 sqft

Price / Sqft

$168

Schools

Elementary: Mead, Middle: Highland Middle School, High: Mead

Days to Sell

127 days

MLS #

SAR202519269

Parcel #

36184.1508

Annual Taxes

$6,264

Total Building Area

3,240 sqft

MLS Area

A331/058

MLS Class

Rental Income

Listing Terms

Conventional, Cash, Commercial

Road Frontage

City Street

Street Direction

N

MLS Status

Sold

Listed On

Jun 23, 2025

Went Pending

Sep 19, 2025

Status Changed

Oct 31, 2025

Last MLS Update

Oct 31, 2025

MLS Branch

328

School Information

Elementary

Mead

Middle School

Highland Middle School

High School

Mead

Home Features & Details

Architectural Style

Other

Construction

BrickMasonite

Structure Type

Duplex

Roof

Composition

Basement

FullPartially FinishedSee Remarks

Heating

Natural GasForced AirSee Remarks

Cooling

Window Unit(s)Other

Appliances

Free-Standing RangeDishwasherRefrigeratorHard Surface Counters

Interior Features

Alum Wn Fr

Fireplace Features

Woodburning Fireplce

Views

City

Parking

DetachedCarport

Lot Features

TreedCity Bus (w/in 6 blks)

Listed By

Peter Enkema

Coldwell Banker Tomlinson

Estimated Monthly Payment

$2,952/mo

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

Property Highlights

Year Built1970
Square Footage3,240 sqft
Lot Size0.22 acres
Price / Sqft$168
StatusClosed

Location

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