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Listed by Luke Mischke • Coldwell Banker Tomlinson
$285,000
Est. payment /mo
1,800 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Residential Income
Listing Status Active
Purchase Type For Sale
Square Footage 1,800 sqft
Price per Sqft $158
MLS Listing ID 202617383
Year Built 1970
Annual Tax Amount $3,200
Lot Size 6,098 Sqft
Lot Dimensions 0.14
Property Sub-Type Residential Income
Property Description
Investor opportunity in the Garland District! Fully leased duplex with gross monthly rent of $2,450/month and an annualized NOI of approximately $23,512.56 based on current operating performance. Each 900 sq. ft. unit offers 2 bedrooms, 1 bathroom, in-unit laundry, full kitchen, oversized primary bedroom with double closets, dedicated carport, and private storage. Numerous updates have already been completed, including a reroof in 2016, updated flooring, paint, and appliances in select units. Alley access, off-street parking, and shared green space provide added tenant appeal. Just one block from the Garland District, tenants enjoy convenient access to restaurants, shopping, entertainment, parks, and public transportation, supporting strong long-term rental demand and future upside.
Location
State WA
County Spokane
Rooms
Basement None
Interior
Heating Baseboard
Cooling Wall Unit(s)
Appliance Dishwasher, Refrigerator, Washer, Dryer
Exterior
Parking Features Carport
Carport Spaces 2
Amenities Available See Remarks
View Y/N true
View Territorial
Roof Type Composition
Building
Structure Type Siding
Schools
Elementary Schools Willard
Middle Schools Glover
High Schools North Central
School District Spokane Dist 81
Others
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
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