931-933 N Stanley St Medical Lake, WA 99022
Fully rented duplex near Fairchild AFB with income potential.
- Added:
- May 25, 2026
- Days on Market:
- 49
- Last Refresh:
- May 25 at 8:10 am
Property Features for 931-933 N Stanley St
General Information
- Standard status
- Active
- Size
- 2,614 SF
- Property subtype
- Multi Family Home
Building Details
- Year Built
- 2018
Listing office Windermere Valley
Listing date May 25, 2026
Source Clearwaterproperties
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Windermere Valley
Investment Insights
Based on property information with market context.
Key Highlights
- Fully rented duplex provides immediate income and turnkey investment opportunity.
- Prime location near Fairchild Air Force Base, Amazon, Cheney, and Airway Heights ensures high tenant demand.
- Each unit features a spacious 3‑bedroom, 2.5‑bath layout with attached 2‑car garage and individual driveway.
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 | $44.9k | $17.16 |
| − Vacancy | −$3.4k | −$1.30 |
| EGI | $41.4k | $15.86 |
| − OpEx | −$12.4k | −$4.76 |
| NOI | $29.0k | $11.10 |
