Updated Brick Triplex with
For Sale
$429,000
6408 N Normandie St, Spokane, WA 99208
MultiFamily, Sgl Level, Spokane, WA
Property Size1,824 SF
Lot Size0.26 Acres
Price / SF$235.20
Days on Market162
Property Features for 6408 N Normandie St
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
HDR (County)
Bedrooms
5
Full bathrooms
3
Rooms
Bathroom 2, Bedroom 2, Bathroom 1, Bedroom 4, Bedroom 1, Bedroom 3, Bedroom 5, Bathroom 3
Basement
Crawl Space
Subdivision
Spokane
Lot features
Alley Access
Directions
From Downtown Spokane Head north on Division, take a left on Francis and a right on N Normandie St.
Standard status
Active
APN
36304.3117
Size
1,824 SF
Lot size
0.26 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
SPO TERRACE L35-36-37 B31
Tax Annual Amount
4189
Legal Description
SPO TERRACE L35-36-37 B31
Utilities
Sewer type
Public Sewer
Heating system
Other (Heating), Electric (Heating)
Cooling system
Wall Unit(s)
Water source
Public
Amenities
shared laundry room
Building Details
Year built
1958
Number of units
3
Building materials
Brick
Roof type
Composition
Architectural style
Other
Listing Agency:
Kiemle Hagood
(208) 770-2590
Listed By:
Mary Kienbaum · License #SP52503
(509) 828-3273
Added: Apr 29
Changed: Sep 18
Last Checked: Oct 7 at 2:06AM
MLS# 26-4119
Copyright © 2026 Coeur d'Alene Multiple Listing Service. 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 1,824-square-foot triplex includes one 1-bedroom, 1-bath unit and two 2-bedroom, 1-bath units. One unit is vacant, while the other two are leased. The property includes a three-space carport and a detached garage used for storage, with the garage available for the new owner. Recent improvements include a 2022 water heater, flooring, electrical subpanel, exterior paint, gutters, landscaping beds, and shrubs, along with 2023 appliances in the shared laundry room and one unit.
The property is located at 6408 N Normandie St in Spokane, WA, on a 0.26-acre lot. Construction is brick, with electric and other heating, wall-unit cooling, public water, public sewer, and a composition roof. County HDR zoning applies, and the property was built in 1958.
The property is located at 6408 N Normandie St in Spokane, WA, on a 0.26-acre lot. Construction is brick, with electric and other heating, wall-unit cooling, public water, public sewer, and a composition roof. County HDR zoning applies, and the property was built in 1958.
Key Highlights
- 1,824‑square‑foot triplex with one 1‑bedroom unit and two 2‑bedroom units
- One unit is vacant; the other two units are currently leased
- Three‑space carport plus detached garage/storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,866
Cap Rate
4.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$417,320
$417.3K
Cap Rate 7%
$298,086
$298.1K
Cap Rate 9%
$231,844
$231.8K
Market Conditions
NOI Build-Up for 1,824 SF
Gross rent
$31.7K $17.40/SF
− Vacancy
−$1.9K −$1.06/SF
EGI
$29.8K $16.34/SF
− OpEx
−$8.9K −$4.90/SF
NOI
$20.9K $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%
$417,320
Cap Rate 7%
$298,086
Cap Rate 9%
$231,844
Alternative Uses
Best Use
Multifamily LT 5
$298.1K
$260.8K – $347.8K
NOI $20,866 @ 7.0% cap · market cap 4.86%
Second Best
Apartment 5plus
$259.2K
$226.8K – $302.4K
NOI $18,141 @ 7.0% cap · market cap 4.23%
Theoretical Best
Office A
$470.6K
$411.8K – $549.0K
NOI $32,941 @ 7.0% cap · market cap 7.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,479
Businesses Nearby
Explore this area
Business Placement
Demographics for 99208, WA
58,531
Population
24,273
Households
2.4
Avg Household Size
39
Median Age
34%
College-Educated
95%
High-School Grad
48.7 sq mi
ZIP Area
1,202
Density / Sq Mi
$81,084
Median Household Income
$45,733
Median Earnings
$1,226
Median Rent
$414,000
Median Home Value
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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?
Triplex - Three-unit property with one vacant residence and two leased units.
Where is this triplex located?
The property is located at 6408 N Normandie St Spokane, WA.
What is the asking price?
The asking price for this property is $429,000.
What are key features of this property?
This property features: 1,824‑square‑foot triplex with one 1‑bedroom unit and two 2‑bedroom units; One unit is vacant; the other two units are currently leased; Three‑space carport plus detached garage/storage
