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2-Unit Duplex with Private Suites

1321 Coach, Spokane Valley, WA 99016

For Sale
New
$725,000

Both residences include primary suites, in-home laundry, and stainless steel kitchen appliances.

Property Size3,020 SF
Price / SF$240.07
Days on Market7

Property Features for 1321 Coach

General Information

Standard status Active
Size 3,020 SF
Property subtype Multi Family Home
Occupancy 100%

Additional Details

Multifamily Units 2
Tenant in Place Yes

Amenities

in-unit washer/dryer
Garage: Attached
Garage Spaces: 2
Style: Ranch
Ranch
Attached
2

Building Details

Year Built 2021
Listing Agency: LT Real Estate
Listed By: Ryan Towner · License #24027253
Source: Clearwaterproperties
Added: Nov 1 Changed: Nov 7 Last Checked: Nov 7 at 6:01PM

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

Rey
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Investment Insights

Based on property information with market context.

This 3,020-square-foot duplex at 1321 Coach in Spokane Valley contains two residences and was built in 2021. Each home has a primary suite with a walk-in closet and private bathroom with dual sinks. Interior finishes include LVP flooring and stainless steel appliances, with a washer and dryer in each unit.

The property is fully occupied. It is offered individually or within a 14-property duplex portfolio.

Key Highlights

  • Two‑unit duplex built in 2021
  • 3,020 square feet at 1321 Coach, Spokane Valley, WA 99016
  • Each residence has a primary suite, walk‑in closet, and en‑suite bathroom 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 (±1% cap)
NOI $26,183 @ 7.0% cap · market cap 3.61%
Second Best
Apartment 5plus
$346.1K
$302.8K – $403.8K (±1% cap)
NOI $24,227 @ 7.0% cap · market cap 3.34%
Theoretical Best
Office A
$656.0K
$574.0K – $765.4K (±1% cap)
NOI $45,923 @ 7.0% cap · market cap 6.33%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

2
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

154
Businesses Nearby

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

Market

Average Price Trend$/SF for Duplexes in Spokane Valley, WA

$208 Jul
$200 Aug
$221 Sep
$200 Oct

Properties on Market for Duplexes in Spokane Valley

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Both residences include primary suites, in-home laundry, and stainless steel kitchen appliances.
Where is this duplex located?
The property is located at 1321 Coach 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: Two‑unit duplex built in 2021; 3,020 square feet at 1321 Coach, Spokane Valley, WA 99016; Each residence has a primary suite, walk‑in closet, and en‑suite bathroom with dual sinks
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