Victorian Duplex Near Medical
407 E 11th Ave, Spokane, WA 99202
MULTI_FAMILY - Victorian - Spokane, WA
Property size:
1,800 SFLot size:
0.14 AcresPrice / SF:
$194/SF- Added:
- May 3, 2026
- Days on Market:
- 56
- Last Refresh:
- Jun 27 at 1:06 pm
Property Features for 407 E 11th Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bathroom 1, Basement, Bathroom 2, Bedroom 1, Laundry Room, Utility Room, Bedroom 2, Bedroom 3
- Parking
- 2
- Parking features
- Carport, Driveway
- Window features
- Vinyl Frames, Aluminum Frames
- Patio and Porch features
- Deck
- Interior features
- High Speed Internet, Pantry, In-Law Floorplan
- Fireplace
- 1
- Basement
- Partial, Unfinished
- Appliances
- Free-Standing Range, Refrigerator, Microwave, Washer, Dryer
- Standard status
- Active
- APN
- 35203.2423
- Size
- 1,800 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2958
Utilities
- Utilities
- Cable Available
- Heating system
- Natural Gas, Electric (Heating), Forced Air, Baseboard
- Cooling system
- Window Unit(s)
Building Details
- Year built
- 1901
- Floors in Building
- 2
- Number of units
- 2
- Building materials
- Steel Frame
- Roof type
- Composition
- Architectural style
- Victorian
- Additional Structures
- Workshop
Listing agent Ronald McIntire (509) 217-0200
Listing office Choice Realty 5711 N Division St A, Spokane, WA (509) 217-0200
Listing date May 3, 2026
MLS# 202616663
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
- Duplex built in 1901 in Victorian style with zoning allowing 2 to 4 units
- Main floor 2‑bedroom unit with private front deck, carport parking, and a detached 14x14 studio/shop
- Upper 1‑bedroom unit with private exterior access and an elevated deck
- Each unit is separately metered; gas heat on the main unit and electric heat upstairs
- Fireplace and high‑speed internet available; appliances included plus washer and dryer for the main unit
- Close to Sacred Heart Medical Center (about 2 blocks) and Providence St. Joseph's Care Center (about 5 blocks)
Overview
Located in the Rockwood Blvd / Perry neighborhood, this duplex presents a strong opportunity for long-term, furnished, or short-term rental use. Situated just two blocks from Sacred Heart Medical Center and five blocks from Providence St. Joseph's Care Center, the property is well-positioned to attract steady demand from healthcare professionals. The main floor features a two-bedroom unit with a large private front deck, carport parking, and a detached 14x14 studio or shop. The zoning allows for two to four units, offering future upside potential. The upper unit is a one-bedroom apartment with private exterior access and an elevated deck beneath a mature Norway Maple tree. Each unit is separately metered, with gas heat on the main floor and electric heat upstairs. Appliances are included, plus a washer and dryer for the main unit. The property is one block from a dog-friendly park. The property is sold furnished for a turnkey rental or Airbnb setup. The location is in the South Hill area, near hospitals, parks, restaurants, and services, with flexible use options for an owner occupant or investor. The lot size is 0.1377 acres, and the property size is 1800 square feet.
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 | $31.3k | $17.40 |
| − Vacancy | −$1.9k | −$1.06 |
| EGI | $29.4k | $16.34 |
| − OpEx | −$8.8k | −$4.90 |
| NOI | $20.6k | $11.44 |
1,800 SF · lease $17.40/SF/yr · vacancy 6.08% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$294.2K
$257.4K – $343.2K
NOI $20,591 @ 7.0% cap · market cap 5.88%
Second Best
Apartment 5plus
$255.8K
$223.8K – $298.4K
NOI $17,903 @ 7.0% cap · market cap 5.12%
Theoretical Best
Office A
$464.4K
$406.4K – $541.8K
NOI $32,508 @ 7.0% cap · market cap 9.29%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Spokane
- County
- Spokane
- State
- Washington
- Longitude
- -117.405039
- Latitude
- 47.645409
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Duplex in Spokane's South Hill, ideal for rentals.
Where is this duplex located?
The property is located at 407 E 11th Ave Spokane, WA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Duplex built in 1901 in Victorian style with zoning allowing 2 to 4 units; Main floor 2‑bedroom unit with private front deck, carport parking, and a detached 14x14 studio/shop; Upper 1‑bedroom unit with private exterior access and an elevated deck
