Duplex With Detached
For Sale
$200,000
Pending
1623 W Garland Ave, Spokane, WA 99205
Residential Income, Spokane, WA
Property Size1,488 SF
Lot Size0.19 Acres
Days on Market120
Property Features for 1623 W Garland Ave
General Information
Property type
Residential Multi Family
Property subtype
Single Family Residence
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bedroom 3, Bedroom 2, Bathroom 1, Bathroom 2
Parking features
Offsite
Fireplace
1
Basement
Finished, Full
Appliances
Free-Standing Range, Refrigerator
Elementary school
Willard
Middle school
Glover
High school
North Central
Elementary school district
Spokane Dist 81
Directions
Head north to N Division St, turn left onto W Garland Ave-1623 W Garland Ave will be on your left.
Standard status
Pending
APN
25014.0304
Size
1,488 SF
Lot size
0.19 Acres
Utilities
Heating system
Baseboard, Electric (Heating), Ductless (Heating)
Building Details
Year built
1940
Floors in Building
1
Number of units
2
Building materials
Shake Siding
Roof type
Composition
Architectural style
Ranch
Listing Agency:
REAL Broker LLC
(855) 450-0442
Listed By:
Haydn Halsted · License #139160
(509) 570-2482
Added: Jun 10
Changed: Sep 16
Last Checked: Oct 7 at 1:06AM
MLS# 202619033
Copyright © 2026 Spokane Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 1,488-square-foot duplex, built in 1940, offers a ranch-style configuration with three bedrooms, two bathrooms, and separate entrances for the units. The property includes a detached two-car garage, a composition roof, shake siding, a fireplace, and electric heating through ductless and baseboard systems. Appliances include a free-standing range and refrigerator.
The 0.186-acre property is located at 1623 W Garland Ave in Spokane, near the Garland District, shops, schools, and bus lines. The property is described as zoned for office use, supporting potential live-work applications subject to applicable regulations and permitting. Its Spokane, WA 99205 location places the duplex within an established residential and commercial area.
The 0.186-acre property is located at 1623 W Garland Ave in Spokane, near the Garland District, shops, schools, and bus lines. The property is described as zoned for office use, supporting potential live-work applications subject to applicable regulations and permitting. Its Spokane, WA 99205 location places the duplex within an established residential and commercial area.
Key Highlights
- 1,488‑square‑foot duplex with 3 bedrooms and 2 bathrooms
- 0.186‑acre lot at 1623 W Garland Ave, Spokane, WA 99205
- Detached 2‑car garage and separate entrances for the units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,022
Cap Rate
8.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$340,440
$340.4K
Cap Rate 7%
$243,171
$243.2K
Cap Rate 9%
$189,133
$189.1K
Market Conditions
NOI Build-Up for 1,488 SF
Gross rent
$25.9K $17.40/SF
− Vacancy
−$1.6K −$1.06/SF
EGI
$24.3K $16.34/SF
− OpEx
−$7.3K −$4.90/SF
NOI
$17.0K $11.44/SF
Area
Spokane, WA
Vacancy
6.08%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$340,440
Cap Rate 7%
$243,171
Cap Rate 9%
$189,133
Alternative Uses
Best Use
Multifamily LT 5
$243.2K
$212.8K – $283.7K
NOI $17,022 @ 7.0% cap · market cap 8.51%
Second Best
Apartment 5plus
$211.4K
$185.0K – $246.7K
NOI $14,800 @ 7.0% cap · market cap 7.40%
Theoretical Best
Office A
$383.9K
$335.9K – $447.9K
NOI $26,873 @ 7.0% cap · market cap 13.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
716
Businesses Nearby
Explore this area
Business Placement
Demographics for 99205, WA
44,036
Population
18,791
Households
2.3
Avg Household Size
37
Median Age
26%
College-Educated
93%
High-School Grad
9.0 sq mi
ZIP Area
4,893
Density / Sq Mi
$72,547
Median Household Income
$42,148
Median Earnings
$1,250
Median Rent
$286,300
Median Home Value
Check the figures for this property
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Ranch-style duplex with separate entrances, office-use zoning, and a detached two-car garage.
Where is this duplex located?
The property is located at 1623 W Garland Ave Spokane, WA.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: 1,488‑square‑foot duplex with 3 bedrooms and 2 bathrooms; 0.186‑acre lot at 1623 W Garland Ave, Spokane, WA 99205; Detached 2‑car garage and separate entrances for the units
