Medical Lake Duplex Investment
For Sale
$385,000
316 N Silver Lake Ave, Medical Lake, WA 99022
MULTI_FAMILY - Medical Lake, WA
Property SizeContact for details
Lot Size0.29 Acres
Days on Market97
Property Features for 316 N Silver Lake Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bedroom 5, Bedroom 4, Bedroom 2, Bedroom 1, Bedroom 6, Bathroom 2, Bathroom 1
Parking features
Offsite
Window features
Vinyl Frames
Interior features
Hot Water
Basement
Crawl Space
Appliances
Free-Standing Range, Dishwasher, Refrigerator
Elementary school
Hallett
Middle school
Medical Lake
Elementary school district
Medical Lake
Directions
GPS will take you there
Standard status
Active
Lot size
0.29 Acres
Utilities
Heating system
Electric (Heating), Natural Gas, Forced Air
Building Details
Year built
1971
Floors in Building
2
Number of units
2
Building materials
Siding
Roof type
Composition
Listing Agency:
eXp Realty, LLC
(888) 317-5197
Listed By:
Wendy Armes
(360) 339-5093
Added: May 8
Changed: Aug 8
Last Checked: Aug 12 at 12:06AM
MLS# 202617019
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 duplex, located in the growing community of Medical Lake, Washington, offers a strong investment opportunity with a proven track record of consistent rental demand. Each unit features a spacious 3-bedroom, 1-bath floor plan with approximately 1,120 square feet of comfortable living space. The property also includes convenient off-street parking for tenants. Situated on a 0.29-acre lot, the property provides simple, low-maintenance living with easy access to the Spokane area. Its location is just minutes from Spokane International Airport, Eastern Washington University, Fairchild Air Force Base, Amazon facilities, and downtown Spokane. Outdoor enthusiasts will appreciate the close proximity to the West Plains' scenic lakes, hiking trails, boating, fishing, and year-round recreation. A short drive brings residents to Spokane's dining and entertainment scene.
Key Highlights
- Duplex built in 1971 with each unit offering a 3‑bedroom, 1‑bath layout
- Each unit features approximately 1,120 SF of living space
- Offsite/off‑street parking available for tenants
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
96
Businesses Nearby
Explore this area
Business Placement
Demographics for 99022, WA
8,867
Population
3,564
Households
2.5
Avg Household Size
43
Median Age
31%
College-Educated
96%
High-School Grad
68.3 sq mi
ZIP Area
130
Density / Sq Mi
$90,814
Median Household Income
$45,469
Median Earnings
$838
Median Rent
$345,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Well-positioned duplex in Medical Lake with consistent rental demand.
Where is this duplex located?
The property is located at 316 N Silver Lake Ave Medical Lake, WA.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: Duplex built in 1971 with each unit offering a 3‑bedroom, 1‑bath layout; Each unit features approximately 1,120 SF of living space; Offsite/off‑street parking available for tenants
