Rare 4-unit investment opportunity featuring two separate duplexes on one lot, built in 2011 and 100% occupied. Each unit offers a functional two-story layout with living, kitchen, and dining on the main level, and 2 bedrooms, 1.5 bathrooms, and in-unit laundry upstairs?ideal for tenant privacy and retention. Interiors include LVP flooring on the main level, carpet upstairs, and hard surface countertops throughout. One bedroom in each unit features a walk-in closet and private en-suite. The property is fully xeriscaped with no grass, keeping maintenance low and expenses predictable. Financially, the property performs as a steady asset with rents averaging approximately $1,300?$1,400 per unit, generating ~$5,300+ monthly and ~$64,000+ annually. Tenants pay utilities, supporting strong operating efficiency. Built in 2013, this is a turnkey, low-maintenance opportunity with consistent occupancy and reliable cash flow.
Listed By
Agency Name: The Hornberger Group, LLC
Shown By
Agency Title: Coldwell Banker Tomlinson
Agency Phone: (509) 467-7400
Estimated Payment
$ 2,260.95 per month $1,769.33 Principal & Interest $259.75 Property Tax $231.88 Homeowner's Insurance
1023-1025 W Knox Ave | MLS# 202617221
This multi-family property located at 1023-1025 W Knox Ave, Spokane, WA 99205 is currently listed for sale with an asking price of $795,000. 1023-1025 W Knox Ave is located within the Spokane Dist 81 school district. Search Spokane real estate on www.cbspokane.com today.