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    Updated Duplex Near Gonzaga University Title is generated by Realmo AI

    2117 E Euclid Ave, Spokane, WA 99207

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    Claim this Listing
    For Sale
    $355,000

    MULTI_FAMILY - Ranch - Spokane, WA

    Type:Single Family Residence
    Property size:
    1,760 SF
    Lot size:
    0.17 Acres
    Price / SF:
    $201/SF
    Added:
    Jan 12, 2026
    Days on Market:
    177
    Last Refresh:
    Jul 8 at 11:06 pm

    Property Features for 2117 E Euclid Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Single Family Residence
    Zoning
    R
    Bedrooms
    4
    Bathrooms
    2
    Rooms
    Bedroom 4, Bathroom 1, Bedroom 1, Bedroom 3, Laundry Room, Utility Room, Bedroom 2, Bathroom 2
    Parking
    2
    Parking features
    Offsite, Carport
    Window features
    Vinyl Frames
    Fireplace
    1
    Appliances
    Free-Standing Range, Dishwasher, Refrigerator, Disposal, Microwave, Washer, Dryer, Hard Surface Counters
    Standard status
    Active
    APN
    35044.0711
    Size
    1,760 SF
    Lot size
    0.17 Acres

    Taxes and HOA fees

    Tax Annual Amount
    3058

    Utilities

    Heating system
    Natural Gas, Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1977
    Floors in Building
    1
    Number of units
    2
    Flooring type
    Wood
    Building materials
    Wood Siding
    Roof type
    Composition
    Architectural style
    Ranch

    We can help!

    Contact an agent
    Hunter Mackay
    Hunter Mackay

    Listing agent Hunter Mackay License #20123491

    Listing office eXp Realty, LLC 601 W 1st Ave Ste 1400, Seattle, WA

    Listing date Jan 12, 2026

    MLS# 202610775 Listing URL

    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.

    HighLights

    • Side‑by‑side duplex with one vacant side; each unit features 2 bedrooms and 1 bathroom.
    • Newly updated interiors in both units, including kitchens, bathrooms, flooring, lighting, trim, and doors.
    • Updated major systems: hot water heaters, gas furnaces, and AC units.
    • Fully fenced backyards that are cross fenced between the two units.
    • Off‑street parking under a carport for each unit, plus individual storage sheds.
    • One‑level ranch home built in 1977 with central air and forced‑air natural gas heat.

    Overview

    This side-by-side duplex is located in a central location near Gonzaga University and Spokane Community College. Each unit features 2 bedrooms and 1 bathroom. The property has been updated with new kitchens, bathrooms, flooring, lighting, trim, and doors. Both units have fully fenced backyards that are cross-fenced. Updates include hot water heaters, gas furnaces, and AC units. Each unit has its own off-street parking under a carport and individual storage sheds on the side. The property is suitable for owner-occupancy or as a rental property. The property size is 1760 square feet and the lot size is 0.17 acres. The zoning is R.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $30.6k $17.40
    − Vacancy −$1.9k −$1.06
    EGI $28.8k $16.34
    − OpEx −$8.6k −$4.90
    NOI $20.1k $11.44
    1,760 SF · lease $17.40/SF/yr · vacancy 6.08% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $287.6K
    $251.7K – $335.6K (±1% cap)
    NOI $20,133 @ 7.0% cap · market cap 5.67%
    Second Best
    Apartment 5plus
    $250.1K
    $218.8K – $291.8K (±1% cap)
    NOI $17,505 @ 7.0% cap · market cap 4.93%
    Theoretical Best
    Office A
    $454.1K
    $397.3K – $529.8K (±1% cap)
    NOI $31,786 @ 7.0% cap · market cap 8.95%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Real Estate Agency Dental Office Parking Lot & Garage Skin Care Clinic HVAC Service Garden Center (Bike/Boat/Book/etc) Store Bakery Catering Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Spokane
    County
    Spokane
    State
    Washington
    Longitude
    -117.378053
    Latitude
    47.686403

    FAQs

    What type of property is this?
    Duplex - Updated duplex near Gonzaga University and Spokane Community College.
    Where is this duplex located?
    The property is located at 2117 E Euclid Ave Spokane, WA.
    What is the asking price?
    The asking price for this property is $355,000.
    What are key features of this property?
    This property features: Side‑by‑side duplex with one vacant side; each unit features 2 bedrooms and 1 bathroom.; Newly updated interiors in both units, including kitchens, bathrooms, flooring, lighting, trim, and doors.; Updated major systems: hot water heaters, gas furnaces, and AC units.
    More about this property
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