Back to Search

Charming Spokane Duplex Near Monroe

1014 W Spofford Ave Spokane, WA 99205

For Sale

$389,000

MULTI_FAMILY - Colonial - Spokane, WA

Property size:

2,284 SF

Lot size:

0.07 Acres

Price / SF:

$170/SF

For Sale

$389,000

MULTI_FAMILY - Colonial - Spokane, WA

Property size:

2,284 SF

Lot size:

0.07 Acres

Price / SF:

$170/SF

Added:: Mar 14, 2026
Days on Market:: 121
Last Refresh:: Jul 12 at 1:06 am

Property Features for 1014 W Spofford Ave

General Information

Property type: Residential Multi Family
Property subtype: Other
Bedrooms: 5
Bathrooms: 2
Rooms: Bedroom 1, Bedroom 2, Bedroom 5, Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 4, Basement
Parking features: Offsite
Interior features: Hot Water, Pantry
Basement: Walk-Out Access, Full
Appliances: Free-Standing Range, Dishwasher, Refrigerator
Standard status: Active
APN: 35073.4610
Size: 2,284 SF
Lot size: 0.07 Acres

Taxes and HOA fees

Tax Annual Amount: 2527

Utilities

Heating system: Natural Gas, Forced Air

Building Details

Year built: 1908
Floors in Building: 2
Number of units: 2
Building materials: Asbestos
Roof type: Composition
Architectural style: Colonial

Listing agent Kali Butler License #89559

Listing office EXIT Real Estate Professionals 1403 S Grand Blvd STE 101N, Spokane, WA

Listing date Mar 14, 2026

MLS# 202613550 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.

Investment Insights

Based on property information with market context.

This charming duplex is located just off Monroe, close to local shops and eateries. The lower unit features 3 bedrooms, 1 bathroom, and a bonus room. It has been completely remodeled with an open concept living and dining area, a kitchen layout with new appliances and space for an island, and a walk-in butler's pantry with built-ins. Two bedrooms are on the main level with a full guest bath. The downstairs offers an oversized egress bedroom, laundry area, and bonus room. Access to the lower unit is available from the front door via the foyer or from the back of the home. The upstairs unit, also completely remodeled, is accessed from the foyer. It includes a living space, two large storage areas with laundry off the kitchen, an oversized bedroom with a walk-in closet, a 3/4 bathroom with a tiled shower, and a kitchen with dining space and new HVAC. Both units have current leases. The property features almost all new windows, fresh paint, new cabinets, counters, flooring, and landscaping. Street parking is available in front, along with a 1-car garage with alley access. The property is situated on a lot of 0.07 acres and the building size is 2284 square feet.

Key Highlights

Completely remodeled duplex with two units, offering immediate rental income potential.
Prime location near Monroe, with easy access to local shops and restaurants.
Lower unit: 3 bedrooms + bonus room, remodeled with open concept, new appliances, and walk‑in butler's pantry.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$39.7k	$17.40
− Vacancy	−$2.4k	−$1.06
EGI	$37.3k	$16.34
− OpEx	−$11.2k	−$4.90
NOI	$26.1k	$11.44

2,284 SF · lease $17.40/SF/yr · vacancy 6.08% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$373.3K

$326.6K – $435.5K (±1% cap)

NOI $26,128 @ 7.0% cap · market cap 6.72%

Second Best

Apartment 5plus

$324.5K

$284.0K – $378.6K (±1% cap)

NOI $22,717 @ 7.0% cap · market cap 5.84%

Theoretical Best

Office A

$589.3K

$515.6K – $687.5K (±1% cap)

NOI $41,249 @ 7.0% cap · market cap 10.60%

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

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Similar For Sale Nearby

$990,000

8,020 SF

Spokane Commercial Property For Sale

Commercial property with showroom and easy freeway access in Spokane.

3626 E Trent Ave, Spokane, WA 99202

View Details
$650,000

2,835 SF

Newer Duplex with Attached Garage

Built in 2022 and fully rented duplex with quality finishes, gas ranges, and an attached 2-car garage.

114 W GRAVES Rd, Spokane, WA 99218

View Details
$1,790,000

7,950 SF

Spokane 10-Unit Apartment Building

Turn-key 10-unit apartment building near NorthTown Mall.

6511 N Atlantic St, Spokane, WA 99208

View Details
$950,000

1,228 SF

Mixed-Use Live-Work Property

Two contiguous parcels include a salon-operating commercial building plus a detached shop and residence.

11619 & 11621 E Trent Ave, Spokane, WA 99206

View Details
$524,999

2,925 SF

Turnkey Fourplex with Updated Exterior

Four 1-bedroom, 1-bath units in a maintained Spokane South Hill fourplex with recent exterior updates.

1815 W 10th Ave, Spokane, WA 99204

View Details
$1,099,999

4,100 SF

Renovated Multi-Unit Residential Property

Updated multi-unit property with multiple residences, updated kitchens and baths, and outdoor gathering space.

1848 W Bridge Ave, Spokane, WA 99201

View Details
$669,000

3,016 SF

South Hill Fourplex on Acreage

Fourplex with development potential on nearly half an acre.

1023 W 6th Ave, Spokane, WA 99204

View Details
$659,900

3,080 SF

Spokane Duplex: Investment Opportunity

Rental duplex in prime location near dining and groceries.

6027 N Smith St, Spokane, WA 99208

View Details
$649,500

3,000 SF

Brand-New Duplex With Private Garages

Newly built duplex with two 3-bedroom, 2.5-bath units, each with a private garage, fenced backyard, and gated access.

420 E Euclid Ave, Spokane, WA 99207

View Details
$679,500

3,000 SF

New Duplex Near Downtown Spokane

Turn-key duplex with high occupancy potential near downtown Spokane.

917 E Providence Ave, Spokane, WA 99207

View Details
$1,490,000

14,896 SF

Industrial Warehouse with Office

Brick-and-cinder block warehouse with office space, multiple roll-up doors, and a loading dock for logistics or light production.

3303 E Ferry Ave, Spokane, WA 99202

View Details
$677,500

3,950 SF

Ranch Triplex with Detached Garages

Triplex with three separate units, in-unit laundry hookups, and two detached 2-bay garages for additional income or storage.

828/820 W 11th Ave, Spokane, WA 99204

View Details

For sale
Duplexes
WA
Spokane
99205
1014 W Spofford Ave

What type of property is this?

Duplex - Remodeled duplex near shops and eateries with tenant leases.

Where is this duplex located?

The property is located at 1014 W Spofford Ave Spokane, WA.

What is the asking price?

The asking price for this property is $389,000.

What are key features of this property?

This property features: Completely remodeled duplex with two units, offering immediate rental income potential.; Prime location near Monroe, with easy access to local shops and restaurants.; Lower unit: **3 bedrooms + bonus room, remodeled with open concept, new appliances, and walk‑in butler's pantry.**

1014 W Spofford Ave Spokane, WA 99205

MULTI_FAMILY - Colonial - Spokane, WA

Property Features for 1014 W Spofford Ave

General Information

Taxes and HOA fees

Utilities

Building Details

Investment Insights

Key Highlights

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

Alternative Uses

Property Analytics

Current Use by Public Records

Suggested Use

Similar For Sale Nearby

Spokane Commercial Property For Sale

Newer Duplex with Attached Garage

Spokane 10-Unit Apartment Building

Mixed-Use Live-Work Property

Turnkey Fourplex with Updated Exterior

Renovated Multi-Unit Residential Property

South Hill Fourplex on Acreage

Spokane Duplex: Investment Opportunity

Brand-New Duplex With Private Garages

New Duplex Near Downtown Spokane

Industrial Warehouse with Office

Ranch Triplex with Detached Garages

FAQs