Spokane Duplex: Investment
3103 W 13TH Ct Spokane, WA 99224
For Sale
$335,000
MULTI_FAMILY - Ranch - Spokane, WA
Property Size1,152 SF
Lot Size0.17 Acres
Price / SF$290.80
Days on Market164
Property Features for 3103 W 13TH Ct
General Information
- Property type
- Residential Multi Family
- Property subtype
- Single Family Residence
- Bedrooms
- 2
- Bathrooms
- 2
- Rooms
- Bedroom 2, Laundry Room, Bathroom 2, Bedroom 1, Utility Room, Bathroom 1
- Parking
- 2
- Parking features
- Offsite
- Window features
- Vinyl Frames
- Interior features
- High Speed Internet
- Basement
- Crawl Space
- Appliances
- Free-Standing Range, Refrigerator, Microwave, Washer, Dryer
- Standard status
- Active
- APN
- 25234.5808
- Size
- 1,152 SF
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2491
Utilities
- Heating system
- Ductless (Heating), Baseboard, Electric (Heating), Zoned
- Cooling system
- Wall Unit(s)
Building Details
- Year built
- 1942
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Wood
- Building materials
- Wood Siding
- Roof type
- Composition
- Architectural style
- Ranch
Listing Agency:
Realty One Group Eclipse
(509) 327-2238
Listed By:
Farrah Kaufman · License #94146
(509) 327-2238
Added: Feb 11
Changed: May 15
Last Checked: Jul 25 at 9:06AM
MLS# 202612058
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 well-located duplex in Spokane presents an investment opportunity with a history of rentability. Each unit features a 1-bed, 1-bath layout with approximately 550 sq ft of living space. The property provides off-street parking for tenants. Situated just off the I90 corridor, it is conveniently located near the Spokane International Airport and Fairchild AFB. The property is also moments from the Finch Arboretum, offering access to hiking, biking, and year-round recreation via the Fish Lake Trail. Downtown Spokane dining and entertainment, Indian Canyon Golf Course, and Riverside State Park and The Palisades Park are all within a five-minute drive. The property, with a total size of 1152 Square Feet and a lot size of 0.17 acres, is located at 3103 W 13TH Ct, Spokane, WA 99224. This duplex offers a blend of convenience, recreation, and long-term appeal.
Key Highlights
- Excellent investment opportunity with proven rental history.
- Convenient location near I‑90, Spokane International Airport, and Fairchild AFB.
- Close proximity to Finch Arboretum and Fish Lake Trail for hiking and recreation.
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 | $20.0k | $17.40 |
| − Vacancy | −$1.2k | −$1.06 |
| EGI | $18.8k | $16.34 |
| − OpEx | −$5.6k | −$4.90 |
| NOI | $13.2k | $11.44 |
1,152 SF · lease $17.40/SF/yr · vacancy 6.08% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$188.3K
$164.7K – $219.6K
NOI $13,178 @ 7.0% cap · market cap 3.93%
Second Best
Apartment 5plus
$163.7K
$143.2K – $191.0K
NOI $11,458 @ 7.0% cap · market cap 3.42%
Theoretical Best
Office A
$297.2K
$260.1K – $346.8K
NOI $20,805 @ 7.0% cap · market cap 6.21%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Well-located duplex near Spokane offers excellent investment potential.
Where is this duplex located?
The property is located at 3103 W 13TH Ct Spokane, WA.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: Excellent investment opportunity with proven rental history.; Convenient location near I‑90, Spokane International Airport, and Fairchild AFB.; Close proximity to Finch Arboretum and Fish Lake Trail for hiking and recreation.
