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Windermere North Spokane
Tour for free, no strings attached
Make a winning offer with the help of a local expert
Turnkey 4-unit multifamily investment opportunity featuring two duplexes on separate parcels. Each of the four units offers a spacious 3-bedroom, 2-bath floor plan designed for strong tenant appeal and long-term rental demand. Recent capital improvements include new roofs on both residential buildings and all garages, plus new walkways, stairwells, and four private decks, reducing future maintenance costs while enhancing curb appeal and tenant enjoyment. 3 units are currently occupied by long-term tenants, providing immediate cash flow. Current rents are below market, offering investors a clear opportunity to increase income and improve returns over time. A standout feature is the assumable loan with a 5.5% interest rate fixed for 5 years and no assumption fee—a rare financing advantage in today's market. With stable occupancy, major upgrades, rental upside, and attractive financing, this property is an excellent opportunity for investors seeking strong cash flow and long-term growth potential!
Property Type
Residential Income
Year Built
1977
County
Spokane
Lot Size
0.32 acres
Living Area
4,560 sqft
Price / Sqft
$274
Garage
6-car
Schools
Elementary: Spokane Dist 81, Middle: Sacajawea, High: Lewis & Clark
Days on Market
100 days
MLS #
SAR202619013
Parcel #
35294.2716
Annual Taxes
$9,944
Total Building Area
4,560 sqft
MLS Area
A210/045
MLS Class
Rental Income
Listing Terms
Conventional, Cash, Qual Assm, See Remarks
Road Frontage
City Street, Paved Road
Street Direction
E
Listed On
Jun 10, 2026
Status Changed
Jun 17, 2026
Last MLS Update
Aug 6, 2026
MLS Branch
178
Elementary
Spokane Dist 81
Middle School
Sacajawea
High School
Lewis & Clark
Architectural Style
Construction
Structure Type
Roof
Basement
Windows
Heating
Utilities
Appliances
Fireplace Features
Patio & Porch
Views
Parking
Lot Features
Listed By
Trevor Windhorst
Windermere Valley

Joey Costello
Windermere North Spokane
Tour for free, no strings attached
Make a winning offer with the help of a local expert
$6,771/mo
Estimated at 6.5% APR, 30-year fixed. For informational purposes only.
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