10720 & 10722 E SPRINGFIELD Ave, Spokane Valley, WA 99206
MULTI_FAMILY - Ranch - Spokane Valley, WA
- Added:
- Apr 24, 2026
- Days on Market:
- 48
- Last Refresh:
- Jun 10 at 12:06 am
Property Features for 10720 & 10722 E SPRINGFIELD Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Single Family Residence
- Zoning
- R
- Bedrooms
- 5
- Bathrooms
- 3
- Rooms
- Bedroom 3, Bedroom 4, Bathroom 2, Bedroom 5, Bedroom 1, Bathroom 3, Bedroom 2, Bathroom 1
- Parking features
- Offsite, Open
- Patio and Porch features
- Patio
- Interior features
- Hot Water, High Speed Internet
- Fireplace
- 1
- Basement
- Finished, Full
- Appliances
- Free-Standing Range, Refrigerator
- Standard status
- Active
- APN
- 45163.0167
- Size
- 3,816 SF
- Lot size
- 0.25 Acres
Taxes and HOA fees
- Tax Annual Amount
- 5237
Utilities
- Utilities
- Cable Available
- Heating system
- Forced Air, Hot Water(Heating), Heat Pump (Heating), Natural Gas
Building Details
- Year built
- 1962
- Floors in Building
- 1
- Number of units
- 2
- Building materials
- Brick
- Roof type
- Composition
- Architectural style
- Ranch
Listing agent Krystle Atkins License #131962 (509) 327-2238
Listing office Realty One Group Eclipse 1414 W Garland #100, Spokane, WA (509) 327-2238
Listing date Apr 24, 2026
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
- Strong rental history: Proven income potential.
- Two units with attached garages: Duplex offers flexibility.
- Convenient Spokane Valley location: Close to schools, shopping, Dishman Hills, and freeway access.
- Fully fenced backyard with covered patios: Enhances outdoor living.
- Some hardwood flooring: Adds warmth and character.
- Heat Pump and Natural Gas Heating: Provides efficient and versatile heating.
Overview
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 | $50.4k | $13.20 |
| − Vacancy | −$3.1k | −$0.81 |
| EGI | $47.3k | $12.39 |
| − OpEx | −$14.2k | −$3.72 |
| NOI | $33.1k | $8.67 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Spokane Valley
- County
- Spokane
- State
- Washington
- Longitude
- -117.2601696
- Latitude
- 47.6630368
