Description
7.8% Actual Cap Rate! Incredible brand NEW construction multi-unit opportunity, with 4 Fully leased-up duplexes at $1695-1795 per unit. 7/8 units rented within 3 weeks of posting! Enjoy easy management & maintenance with these separate single-level duplexes, along with maximum flexibility since you can sell either of the duplexes individually & finance conventionally. Each duplex has two 2 bed / 2 bath units with laundry hookups & open great room living areas. Functional, bright & beautifully finished with LVP floors, quartz countertops & mini-splits with AC to attract premium tenants & rents. All appliances included. Strong demand for nice new units like these in established neighborhoods. Tenants pay ALL utilities so you only have taxes & insurance to pay. Located in a convenient Spokane neighborhood near Audubon Park, downriver golf course, the revitalized Monroe district & other great neighborhood amenities and restaurants. You can't find a better priced new construction investment property in the area!!
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0BEDS
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0.28ACRES
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0BATHS
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01/2 BATHS
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6,552SQFT
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$298$/SQFT
School Information
Description
7.8% Actual Cap Rate! Incredible brand NEW construction multi-unit opportunity, with 4 Fully leased-up duplexes at $1695-1795 per unit. 7/8 units rented within 3 weeks of posting! Enjoy easy management & maintenance with these separate single-level duplexes, along with maximum flexibility since you can sell either of the duplexes individually & finance conventionally. Each duplex has two 2 bed / 2 bath units with laundry hookups & open great room living areas. Functional, bright & beautifully finished with LVP floors, quartz countertops & mini-splits with AC to attract premium tenants & rents. All appliances included. Strong demand for nice new units like these in established neighborhoods. Tenants pay ALL utilities so you only have taxes & insurance to pay. Located in a convenient Spokane neighborhood near Audubon Park, downriver golf course, the revitalized Monroe district & other great neighborhood amenities and restaurants. You can't find a better priced new construction investment property in the area!!
© 2025 of Spokane Association of REALTORS® MLS. All rights reserved. Listing information courtesy of Spokane Association of REALTORS® MLS. IDX data is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the SARMLS. Data last updated 2025-11-17T00:20:34.707.
