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Two-Story Duplex with RV Parking
For Sale
$699,900

10811 E Mission Ave, Spokane Valley, WA 99216

Residential Income, Spokane Valley, WA

Property Size3,000 SF
Lot Size0.33 Acres
Price / SF$233.30
Days on Market196

Property Features for 10811 E Mission Ave

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Bathrooms 6
Full bathrooms 6
Rooms Bedroom 4, Bathroom 1, Bathroom 4, Bedroom 5, Bathroom 2, Bedroom 2, Bedroom 6, Bedroom 1, Bathroom 5, Bathroom 3, Bathroom 6, Bedroom 3
Parking features RV, Open
Window features Vinyl Frames
Patio and Porch features Patio
Interior features Hot Water, Kitchen Island
Appliances Free-Standing Range, Dishwasher, Refrigerator
Lot features Level, Oversized Lot, Fencing
Elementary school Trent
Middle school East Valley
High school East Valley
Elementary school district East Valley
Directions East on Mission from Argonne or West on Mission from Pines
Standard status Active
APN 45093.0943
Size 3,000 SF
Lot size 0.33 Acres

Taxes and HOA fees

Tax Annual Amount 6996

Utilities

Heating system Forced Air, Natural Gas
Cooling system Central Air

Amenities

open kitchen/living room layout
spacious backyard

Building Details

Year built 2019
Floors in Building 2
Number of units 2
Building materials Siding
Roof type Composition
Architectural style Other
Listing Agency: Windermere Manito, LLC
Listed By: Scott Wright · License #24154
Added: Apr 3 Changed: Oct 7 Last Checked: Oct 15 at 6:06AM
MLS# 202614794

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.

Built in 2019, this 3,000-square-foot duplex offers a two-level layout with living areas on the main floor and bedrooms above. Each unit includes an open kitchen and living room arrangement, a primary bedroom with a private bathroom, two additional bedrooms, and an office or flex room. Kitchen islands, free-standing ranges, dishwashers, refrigerators, forced-air natural gas heat, and central air are provided. Siding, composition roofing, and patios complete the improvements.

The property occupies 0.33 acres at 10811 E Mission Ave in Spokane Valley, near Mission Park. Open parking accommodates up to six vehicles per unit, with RV parking available. Spacious backyard areas provide additional outdoor space for residents.

Key Highlights

  • 3,000‑square‑foot duplex built in 2019
  • Each unit accommodates up to six vehicles
  • 0.33‑acre property near Mission Park

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$26,010
Cap Rate
3.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$520,200 $520.2K
Cap Rate 7%
$371,571 $371.6K
Cap Rate 9%
$289,000 $289.0K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$39.6K $13.20/SF
− Vacancy
−$2.4K −$0.81/SF
EGI
$37.2K $12.39/SF
− OpEx
−$11.1K −$3.72/SF
NOI
$26.0K $8.67/SF
Area
Spokane Valley, WA
Vacancy
6.17%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$520,200
Cap Rate 7%
$371,571
Cap Rate 9%
$289,000

Alternative Uses

Best Use
Multifamily LT 5
$371.6K
$325.1K – $433.5K (±1% cap)
NOI $26,010 @ 7.0% cap · market cap 3.72%
Second Best
Apartment 5plus
$343.8K
$300.8K – $401.1K (±1% cap)
NOI $24,067 @ 7.0% cap · market cap 3.44%
Theoretical Best
Office A
$651.7K
$570.2K – $760.3K (±1% cap)
NOI $45,619 @ 7.0% cap · market cap 6.52%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Restaurant (Bike/Boat/Book/etc) Store Barber Shop Pharmacy Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

312
Businesses Nearby

Demographics for 99216, WA

28,379
Population
12,703
Households
2.2
Avg Household Size
37
Median Age
22%
College-Educated
95%
High-School Grad
14.2 sq mi
ZIP Area
1,999
Density / Sq Mi
$69,958
Median Household Income
$40,652
Median Earnings
$1,307
Median Rent
$336,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Recently built duplex with flexible upstairs living areas, central air, patios, and generous vehicle storage capacity.
Where is this duplex located?
The property is located at 10811 E Mission Ave Spokane Valley, WA.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: 3,000‑square‑foot duplex built in 2019; Each unit accommodates up to six vehicles; 0.33‑acre property near Mission Park
More about this property
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