Residential Duplex with
13414-16 East 26th Avenue Spokane Valley, WA 99216
13414-16 East 26th Avenue, Spokane Valley, WA, 99216
$464,900
Pending
For Sale
$464,900
Pending
Each duplex unit offers 2 bedrooms, 1 bathroom, a fireplace living room, and laundry plus a deck or patio.
Property Size1,928 SF
Days on Market1599
Property Features for 13414-16 East 26th Avenue
General Information
- Standard status
- Pending
- Size
- 1,928 SF
- Property subtype
- MultiFamily / Multi Family
Building Details
- Year Built
- 1972
Listing agency
Sayles Real Estate LLC
(208) 699-9120
Listed by
Bill Shine · License #SP22315
(208) 699-9120
Source
Compass
Added: Mar 7, 2022 Updated: Jul 20 at 5:39PM Checked: Jul 22 at 6:38AM
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 Sayles Real Estate LLC
Investment Insights
Based on property information with market context.
This appealing duplex in Spokane Valley is situated in a quiet, well-kept area and features maintained landscaping with good curb appeal, along with a large fenced backyard. Each unit includes 2 bedrooms and 1 bathroom, a kitchen with dining area, a living room with a fireplace, and a dedicated laundry area. Units also provide a deck area or patio for outdoor space.
The property offers convenient access to schools, parks, transportation routes, shopping, restaurants, and other local entertainment options. Parking is supported by an oversized one-car garage per unit plus a double driveway for additional parking.
Overall, the duplex is set up as two self-contained residential units with similar interior layouts and dedicated exterior and parking amenities.
The property offers convenient access to schools, parks, transportation routes, shopping, restaurants, and other local entertainment options. Parking is supported by an oversized one-car garage per unit plus a double driveway for additional parking.
Overall, the duplex is set up as two self-contained residential units with similar interior layouts and dedicated exterior and parking amenities.
Key Highlights
- Duplex built in 1972 with each unit featuring 2 bedrooms and 1 bathroom
- Each unit includes a fireplace living room plus a kitchen, dining area, and laundry area
- Daylight/finished basement with walk‑out access listed; foundation is slab
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 | $25.4k | $13.20 |
| − Vacancy | −$1.6k | −$0.81 |
| EGI | $23.9k | $12.39 |
| − OpEx | −$7.2k | −$3.72 |
| NOI | $16.7k | $8.67 |
1,928 SF · lease $13.20/SF/yr · vacancy 6.17% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$238.8K
$209.0K – $278.6K
NOI $16,716 @ 7.0% cap · market cap 3.60%
Second Best
Apartment 5plus
$221.0K
$193.3K – $257.8K
NOI $15,467 @ 7.0% cap · market cap 3.33%
Theoretical Best
Office A
$418.8K
$366.5K – $488.6K
NOI $29,318 @ 7.0% cap · market cap 6.31%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Each duplex unit offers 2 bedrooms, 1 bathroom, a fireplace living room, and laundry plus a deck or patio.
Where is this duplex located?
The property is located at 13414-16 East 26th Avenue Spokane Valley, WA.
What is the asking price?
The asking price for this property is $464,900.
What are key features of this property?
This property features: Duplex built in 1972 with each unit featuring 2 bedrooms and 1 bathroom; Each unit includes a fireplace living room plus a kitchen, dining area, and laundry area; Daylight/finished basement with walk‑out access listed; foundation is slab
