Modern Duplex with In-Unit
1313 N Coach Dr, Spokane Valley, WA 99016
For Sale
$725,000
Two units feature walk-in closets, en-suite baths, and contemporary kitchen finishes.
Property Size3,020 SF
Price / SF$240.07
Days on Market234
Property Features for 1313 N Coach Dr
General Information
Standard status
Size
Property subtype
Occupancy
Additional Details
Tenant in Place
Amenities
luxury finishes throughout
durable LVP flooring
stainless steel appliances
high-end kitchen fixtures
walk-in closet
en-suite bathroom featuring dual sinks
in-unit washer and dryers
Building Details
Building Size
Year Built
Units
Tenancy
Listing Agency:
LT Real Estate
(509) 315-8720
Listed By:
Ryan Towner · License #24027253
(509) 481-0373
Source:
Ericksrealty
Added: Mar 19
Changed: Nov 7
Last Checked: Nov 7 at 5:06PM
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 LT Real Estate
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Investment Insights
Based on property information with market context.
Built in 2021, this duplex contains two units with LVP flooring, stainless steel appliances, and upgraded kitchen fixtures. Each primary suite includes a walk-in closet and an en-suite bathroom with dual sinks. In-unit washers and dryers are provided in both residences. The building totals 3,020 square feet.
The property is offered individually or within a 14-property duplex portfolio.
The property is offered individually or within a 14-property duplex portfolio.
Key Highlights
- 3,020‑square‑foot duplex built in 2021
- Two units, each with in‑unit washer and dryer
- Primary suites include walk‑in closets and en‑suite bathrooms with dual sinks
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,183
Cap Rate
3.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$523,660
$523.7K
Cap Rate 7%
$374,043
$374.0K
Cap Rate 9%
$290,922
$290.9K
Market Conditions
NOI Build-Up for 3,020 SF
Gross rent
$39.9K $13.20/SF
− Vacancy
−$2.5K −$0.81/SF
EGI
$37.4K $12.39/SF
− OpEx
−$11.2K −$3.72/SF
NOI
$26.2K $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%
$523,660
Cap Rate 7%
$374,043
Cap Rate 9%
$290,922
Alternative Uses
Best Use
Multifamily LT 5
$374.0K
$327.3K – $436.4K
NOI $26,183 @ 7.0% cap · market cap 3.61%
Second Best
Apartment 5plus
$346.1K
$302.8K – $403.8K
NOI $24,227 @ 7.0% cap · market cap 3.34%
Theoretical Best
Office A
$656.0K
$574.0K – $765.4K
NOI $45,923 @ 7.0% cap · market cap 6.33%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
272
Businesses Nearby
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Business Placement
Demographics for 99016, WA
18,496
Population
8,004
Households
2.3
Avg Household Size
38
Median Age
38%
College-Educated
95%
High-School Grad
24.6 sq mi
ZIP Area
752
Density / Sq Mi
$94,253
Median Household Income
$56,661
Median Earnings
$1,715
Median Rent
$450,000
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Spokane Valley, WA
Properties on Market for Duplexes in Spokane Valley
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two units feature walk-in closets, en-suite baths, and contemporary kitchen finishes.
Where is this duplex located?
The property is located at 1313 N Coach Dr Spokane Valley, WA.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: 3,020‑square‑foot duplex built in 2021; Two units, each with in‑unit washer and dryer; Primary suites include walk‑in closets and en‑suite bathrooms with dual sinks
