Duplex with Two-Car
For Sale
$857,300
12809 N Jaydee Ln, Spokane, WA 99208
Newer construction duplex with open layouts, quartz kitchens, walk-in closets, and durable LVP flooring in both residences.
Property Size3,534 SF
Price / SF$242.59
Days on Market79
Property Features for 12809 N Jaydee Ln
General Information
Standard status
Active
Size
3,534 SF
Property subtype
Multi-Family
Building Details
Year Built
2023
Listing Agency:
REAL Broker LLC
Listed By:
Matthew Konkel
(509) 595-5505
Source:
Clemensregroup
Added: Jul 29
Changed: Sep 15
Last Checked: Oct 13 at 1:53AM
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 REAL Broker LLC
Investment Insights
Based on property information with market context.
Completed in 2023, this duplex contains two residences, each with 3 bedrooms, 3 bathrooms, over 1,700 sq ft of living space, and a 2-car garage. The property totals 3,534 square feet and uses open-concept layouts with spacious rooms and 9-foot ceilings on every level.
Interior finishes include LVP flooring, quartz countertops, under-mount sinks, soft-close cabinetry, and generously sized kitchen pantries. Each primary suite includes a private bathroom and two walk-in closets, while large windows bring natural light into the bedrooms and living areas.
The property is located in the Mead School District and near shopping, restaurants, parks, and everyday amenities. Its newer construction and two-unit configuration provide a straightforward addition to a residential income portfolio or an owner-occupied house-hack arrangement.
Interior finishes include LVP flooring, quartz countertops, under-mount sinks, soft-close cabinetry, and generously sized kitchen pantries. Each primary suite includes a private bathroom and two walk-in closets, while large windows bring natural light into the bedrooms and living areas.
The property is located in the Mead School District and near shopping, restaurants, parks, and everyday amenities. Its newer construction and two-unit configuration provide a straightforward addition to a residential income portfolio or an owner-occupied house-hack arrangement.
Key Highlights
- Built in 2023 with 3,534 square feet across two residences
- Each unit offers 3 bedrooms, 3 bathrooms, and over 1,700 sq ft of living space
- Each residence includes a 2‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,427
Cap Rate
4.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$808,540
$808.5K
Cap Rate 7%
$577,529
$577.5K
Cap Rate 9%
$449,189
$449.2K
Market Conditions
NOI Build-Up for 3,534 SF
Gross rent
$61.5K $17.40/SF
− Vacancy
−$3.7K −$1.06/SF
EGI
$57.8K $16.34/SF
− OpEx
−$17.3K −$4.90/SF
NOI
$40.4K $11.44/SF
Area
Spokane, WA
Vacancy
6.08%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$808,540
Cap Rate 7%
$577,529
Cap Rate 9%
$449,189
Alternative Uses
Best Use
Multifamily LT 5
$577.5K
$505.3K – $673.8K
NOI $40,427 @ 7.0% cap · market cap 4.72%
Second Best
Apartment 5plus
$502.1K
$439.4K – $585.8K
NOI $35,149 @ 7.0% cap · market cap 4.10%
Theoretical Best
Office A
$911.8K
$797.8K – $1.06M
NOI $63,824 @ 7.0% cap · market cap 7.44%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
27
Businesses Nearby
Explore this area
Business Placement
Demographics for 99208, WA
58,531
Population
24,273
Households
2.4
Avg Household Size
39
Median Age
34%
College-Educated
95%
High-School Grad
48.7 sq mi
ZIP Area
1,202
Density / Sq Mi
$81,084
Median Household Income
$45,733
Median Earnings
$1,226
Median Rent
$414,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Newer construction duplex with open layouts, quartz kitchens, walk-in closets, and durable LVP flooring in both residences.
Where is this duplex located?
The property is located at 12809 N Jaydee Ln Spokane, WA.
What is the asking price?
The asking price for this property is $857,300.
What are key features of this property?
This property features: Built in 2023 with 3,534 square feet across two residences; Each unit offers 3 bedrooms, 3 bathrooms, and over 1,700 sq ft of living space; Each residence includes a 2‑car garage
