520 E Wabash Avenue Spokane, WA 99207
520 E Wabash Avenue
Spokane, WA 99207
$475,000
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Active
8.5% In-Place Cap Rate | $3,800/Month Rental Income | Low $500/Month Operating Expenses | Rare 8 Bed Duplex North Spokane duplex generating $3,800 per month in rental income with long-term tenants paying $1,900 per unit. Rarely do duplexes offer two oversized 4 bedroom, 2 bathroom units, creating strong tenant demand and long-term rental stability. With approximately $500 per month in operating expenses and a projected 9% cash-on-cash return, this property delivers strong returns from day one. Additional upside exists through cosmetic improvements, exterior updates, and future rent growth. Conveniently located near schools, shopping, services, and major Spokane corridors, this is a strong value-add opportunity with stable income and multiple paths to future appreciation.
Property Features
Community: Spokane
Duplex
Exterior: Brick
Roof: Composition
Year Built: 1976
2026 Taxes: $3971.00
Buyer Broker Comp.: 3%
Listing #: 2520728
Lot Details
Lot Size: 0.12 acres
No. of Units: 2
Interior
Cooling: None
Heating: Baseboard
Electric
Schools
District: Spokane
Elem: Lidgerwood Elem
Middle: Garry Mid
High: Rogers High
Call or Email:
Grace Wamwere
What's Near 520 E Wabash Avenue Spokane, WA 99207?
Information is based on data available to the associate, including county records. The information has not been verified by the associate and all information presented should be verified by the buyer. Listings are provided by Northwest Multiple Listing Service as distributed by MLS GRID. The associate represented on this web site is not a multiple listing service but is a member of a local MLS.
DMCA Notice 
Courtesy of The Paragon Group
